Premier Explosives Ltd - 526247 - Draft Letter of Offer
Apollo Micro Systems has initiated a mandatory open offer to acquire 26% of Premier Explosives' equity at Rs.698 per share. The offer, valued at up to Rs.975.66 crore, will allow Apollo Micro Systems to gain control and reclassify the existing promoter. Tendering opens on Sep 1, 2026.
Jul 23 2026 16:45:59
Premier Explosives Ltd - 526247 - Response To Clarification Sought From Premier Explosives Ltd.
Apollo Micro Systems Ltd will acquire 41.33% of Premier Explosives Ltd's promoter shares for INR 1550 crores. This strategic acquisition combines complementary defence capabilities, enabling operational efficiencies and enhanced R&D.
Jul 10 2026 12:50:26
Premier Explosives Ltd - 526247 - Open Offer - Public Announcement
Apollo Micro Systems Limited launched an Open Offer to acquire an additional 26% stake in Premier Explosives Limited at Rs. 698 per share. This follows a controlling stake acquisition and provides an exit opportunity for public shareholders.
Jul 10 2026 08:11:48
Premier Explosives Ltd - 526247 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Apollo Micro Systems is set to acquire a 41.33% promoter stake in Premier Explosives for approximately Rs.1,550 crore. This strategic move aims to combine defence capabilities and boost R&D in the sector.
Jul 09 2026 20:13:23
Premier Explosives Ltd - 526247 - Board Meeting Outcome for Outcome Of The Board Meeting
Premier Explosives' board noted Apollo Micro Systems Limited's acquisition of 41.33% voting share capital for ₹698 per share. This triggers a mandatory open offer for an additional 26% stake, aimed at building an indigenous defense platforms ecosystem.
Jul 09 2026 19:47:16
Premier Explosives Ltd - 526247 - Board Meeting Intimation for A Board Meeting Scheduled To Be Held On Thursday, July 09, 2026
Premier Explosives board to meet on July 09, 2026. The agenda includes discussions on the company's business operations and consideration of the Q1 FY27 financial results.
Jul 06 2026 14:50:37
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