Apollo Micro Systems to acquire 41.33% of Premier Explosives, enhancing capabilities in defense technology and manufacturing.

Apollo Micro Systems can own up to 67.33% of Premier Explosives. The company will also launch a mandatory open offer to acquire an additional 26% stake at ₹698 per share.

Apollo Micro Systems shares closed 1.33% higher at Rs 398.60 in the previous session. Market cap of the firm stood at Rs 14,242 crore.

Apollo Micro Systems will acquire a 41.33% stake in Premier Explosives for ₹1,550 crore through a share purchase agreement with promoter shareholders. The company will gain control of Premier ...

Apollo Micro Systems has signed a Share Purchase Agreement to acquire a 41.33% stake in Premier Explosives for ₹1,550 crore, aiming to enhance India's defence capabilities. The deal includes an open ...

Apollo Micro Systems shares climbed as much as 5 percent on Friday after the company announced plans to acquire a 41.33 percent stake in Premier Explosives for Rs 1,550 crore. The stock rose 5 percent ...

Apollo Micro shares gained 5 per cent after approval was granted to the company to acquire 41.3 per cent stake in Premier Explosives.

TCS, Apollo Micro Systems, Adani Group stocks, PSU banks and Blue Jet Healthcare dominated investor attention as strong earnings, acquisitions, infrastructure deals and fundraising drove today's ...

Apollo Micro Systems-Premier Explosives deal: Market cap of the defence firm slipped to Rs 3725 crore. The multibagger stock has risen 606% in three years and gained 1794% in five years.

Apollo Micro Systems added 2.75% to Rs 409.25 after the company signed a definitive share purchase agreement (SPA) to acquire a 41.33% promoters' stake in Premier Explosives for Rs 1,550 crore in an ...