Brief: Apollo Micro Systems To Buy Control Of Premier Explosives For 15.5 Bln Rupees
09/07/2026 15:26
July 9 (Reuters) - Apollo Micro Systems LtdAPLL.NS : * TO BUY CONTROL OF PREMIER EXPLOSIVES * OPEN OFFER FOR PREMIER EXPLOSIVES AT 698 RUPEES PER SHARE * OPEN OFFER REPRESENTS 41.33% OF PREMIER EXPLOSIVES * ACQUISITION EXPECTED TO COMPLETE WITHIN 5 MONTHS * COST OF ACQUISITION 15.5 BILLION RUPEES Source text:ID:nBSEchhmZd Further company coverage:APLL.NS ((Reuters.Briefs@thomsonreuters.com;))
Recent news on Premier Explosives
See all newsBrief: Apollo Micro Systems Says India's SEBI Conveyed Final Comments On Draft Letter Of Co.s Offer For Acquisition Of 26% Equity Shares Of Premier Explosives
India's Apollo Micro Systems rises after stake buy in Premier Explosives
Deals of the day-Mergers and acquisitions
India's defence electronics maker Apollo Micro to buy 41.3% stake in Premier Explosives
Brief: Apollo Micro Systems To Buy Control Of Premier Explosives For 15.5 Bln Rupees