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Apollo Micro Systems Settles Compliance Violation with No Operational Impact

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Apollo Micro Systems Settles Compliance Violation with No Operational Impact

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Apollo Micro Systems Ltd. ( (IN:APOLLO) ) just unveiled an announcement.

Apollo Micro Systems Ltd. has received a compounding order from the Regional Director (South East Region), Hyderabad, under Section 441 of the Companies Act, 2013, to settle a violation of Section 148(6) related to the non-filing of a cost audit report. The company has complied by paying the prescribed compounding fees, and the order confirms no financial or operational impact on the company.

More about Apollo Micro Systems Ltd.

Apollo Micro Systems Ltd. operates in the technology sector, focusing on the design and development of electronic systems and solutions. The company primarily serves the aerospace, defense, and space sectors, providing advanced technology solutions to meet the needs of these industries.

Average Trading Volume: 1,247,458

Technical Sentiment Signal: Buy

Current Market Cap: 90.99B INR

See more data about APOLLO stock on TipRanks’ Stock Analysis page.

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