VERIFIEDET Stocks·10 Jul 2026neutral

Apollo Micro Systems shares in focus on Rs 1,550 crore deal to acquire 41% stake in Premier Explosives

AI Summary

·Apollo Micro Systems has signed an agreement to acquire a 41.33% stake in Premier Explosives.
·The deal is valued at approximately Rs 1,550 crore and will be an all-cash transaction.
·This acquisition is expected to enhance Apollo Micro Systems' capabilities in the defence and aerospace sectors.