Apollo Micro Systems Limited (APOLLO)
Press Release
Apollo Micro Systems to acquire 41.33% promoter shares of Premier Explosives for approx INR 1550 Cr in all-cash deal.
- Transaction expected to close by Q3/Dec 2026, subject to approvals.
- Premier Explosives to operate under existing brand post-acquisition.
- Strategic rationale: combines defence systems and energetic materials capabilities.
- MD: acquisition strengthens national defence manufacturing and technological self-reliance.
Source: Original filing PDF
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PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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