Apollo Micro Systems Limited (APOLLO)
General Updates
Apollo Micro Systems received CCI clearance stating acquisition of Premier Explosives is not a notifiable combination under Competition Act. CCI approval not required due to Premier's turnover below threshold. Open offer to Premier's public shareholders will proceed with revised schedule. MD highlighted strategic fit with Apollo's defence electronics and alignment with Aatmanirbhar Bharat vision.
Source: Original filing PDF
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🚨 APOLLO — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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