APOLLO MICRO SYSTEMS : STRATEGIC ACQUISITION WORTH OVER RS 1550 CR

• Apollo Micro Systems Limited entered into a definitive share purchase agreement to acquire 41.33% of Premier Explosives Ltd. • The transaction is valued at approximately INR 1550 crores, in an all-cash deal. • Premier Explosives Ltd is engaged in the business of High Energy Materials, rocket motors for defence & aerospace, countermeasures and munitions. • The transaction is expected to close in the Third Quarter/December 2026. • This acquisition combines complementary capabilities in defence systems and energetic materials.

Apollo Micro Systems Limited

Open attachment

← Back to feed