1,550% rally in five years! Multibagger defence stock sets board meeting date to declare final dividend for FY25

Apollo Micro Systems announced on Friday, May 24, that it will conduct its board meeting on Wednesday, May 28, to declare the final dividend for fiscal 2024-25 (FY25). The defence major has delivered multibagger returns to investors in the last three-to-five year period.

"We wish to inform you that the meeting of Board of Directors of the company is scheduled to be held on Wednesday, 28th May, 2025 at the registered office of the company situated at Hyderabad, inter-alia to transact the following business apart from the other items as per the agenda or items with the permission of the Chair, if any:

1. To consider the recommendation of a Final Dividend on the equity shares of the Company for the Financial Year 2024-25, subject to the approval of the Members at the forthcoming Annual General Meeting of the company.

Further, pursuant to the company’s “Code of Internal Procedures and Conduct to Regulate, Monitor and Report of Trading by Insiders” the Trading Window for dealing in the securities of the company shall remain closed till 48 hours after the intimation of outcome of the Board Meeting scheduled on 28th May, 2025," said Apollo Micro Systems in a regulatory filing to the stock exchanges.

Apollo Micro Systems share price trend

On Friday, shares of Apollo Micro Systems opened at ₹150.95 and tanked over 10 per cent to hit an intra day low of ₹135.20, before settling 7.97 per cent lower at ₹138.65 apiece on the BSE. Shares have dropped five per cent in the last five days. However, the defence stock has rallied nearly 17 per cent in one month, 13 per cent year-to-date (YTD), and 23 per cent in one year.

Apollo Micro Systems has delivered stellar multibagger returns of 1,056 per cent in the last three years and over 1,550 per cent in the last five years. 

The aerospace and defence major is pioneer in design, development and assembly of custom built electronics and electro-mechanical solutions. It offers solutions based on state of the art technologies for aerospace, defense and space as primary customers and also caters solutions for railways, automotive and home land security markets.