Acquiring Company
Apollo Micro Systems Limited
Acquired Company
Premier Explosives Ltd
HyderabadManufacturingElectronicsManufacturingAerospaceDescription
Apollo Micro Systems Limited has announced a definitive share purchase agreement to acquire 41.33% promoter shares of Premier Explosives Ltd for approximately ₹1,550 crore in an all-cash deal. This acquisition marks a significant expansion into the explosives sector for Apollo Micro Systems. The deal highlights Apollo's strategy to diversify its operations and enhance its capabilities in the defence industry.
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Based on deal dataFrequently asked
Who acquired Premier Explosives Ltd?
Premier Explosives Ltd was acquired by Apollo Micro Systems Limited, based in Hyderabad. The deal was reported on August 23, 2026. Apollo Micro Systems Limited is a leading defense and aerospace technology company. The firm specializes in providing advanced electronic systems and solutions for defense applications. Apollo Micro Systems Limited is privately held and operates in Manufacturing.
When did Apollo Micro Systems Limited acquire Premier Explosives Ltd?
Apollo Micro Systems Limited's acquisition of Premier Explosives Ltd was reported on August 23, 2026. Apollo Micro Systems Limited has announced a definitive share purchase agreement to acquire 41.33% promoter shares of Premier Explosives Ltd for approximately ₹1,550 crore in an all-cash deal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Premier Explosives Ltd do?
Premier Explosives Ltd. is a prominent player in India’s defence and aerospace sectors, manufacturing a wide range of explosives for mining and infrastructure industries. It is privately held, operating in Manufacturing.
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