Acquiring Company
Apollo Micro Systems Ltd
Acquired Company
Premier Explosives Ltd
HyderabadManufacturingAerospaceNational SecurityManufacturingAerospaceDescription
Apollo Micro Systems Ltd announced its proposed open offer to acquire up to 1.40 crore shares of Premier Explosives Ltd, representing 26% of its equity capital. The shares will be acquired at ₹698 per share. The open offer is subject to receiving approval from the Competition Commission of India.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Premier Explosives Ltd?
Premier Explosives Ltd was acquired by Apollo Micro Systems Ltd, based in Hyderabad. The deal was reported on August 21, 2026. Apollo Micro Systems Ltd. is an engineering company specializing in defense and aerospace technology. The company provides high-tech solutions and services to defense forces and various industries. Apollo Micro Systems Ltd is privately held and operates in Manufacturing.
When did Apollo Micro Systems Ltd acquire Premier Explosives Ltd?
Apollo Micro Systems Ltd's acquisition of Premier Explosives Ltd was reported on August 21, 2026. Apollo Micro Systems Ltd announced its proposed open offer to acquire up to 1.40 crore shares of Premier Explosives Ltd, representing 26% of its equity capital. The shares will be acquired at ₹698 per share. 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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