02-Nov-2026 08:02:40
APOLLOAcquisition and merger
APOLLO : DEPOSITS RS 986.35 CR FOR PREMIER EXPLOSIVES OPEN OFFER
• Apollo Micro Systems deposited ₹986.35 Cr into a special escrow account with State Bank of India for payment to Premier Explosives public shareholders • Open offer was for 1,39,77,600 equity shares, equal to 26% of Premier Explosives • Open offer opened on 12 October 2026 and closed on 26 October 2026 • Offer was oversubscribed by 1.41% • Open offer follows the Share Purchase Agreement dated 9 July 2026
Apollo Micro Systems Ltd
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