BSECompany Update3d ago · 16 Aug 2026, 07:52 pm
AMS Update on acquisition
Apollo Micro Systems Ltd · 540879
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Apollo Micro Systems Ltd has received final comments from the Securities and Exchange Board of India (SEBI) on the draft letter of offer for the acquisition of 26% of equity shares from Premier Explosives Limited.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Apollo Micro Systems Ltd - 540879 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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Date: 16th August 2026
BSE Limited, National Stock Exchange of India Ltd.,
Department of Corporate Services Listing Department
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Mumbai – 400 001 Bandra Kurla Complex,
Bandra (E), Mumbai – 400 051
Scrip Code: 540879 Symbol: APOLLO ISIN: INE713T01028
Dear Sir/Madam,
Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended ("SEBI
Listing Regulations"): Update on Acquisition – receipt of final comments on the Draft
Letter of Offer from the Securities and Exchange Board of India.
Pursuant to Regulation 30 and other applicable provisions of the SEBI Listing Regulations and
in continuation to our announcement dated July 9, 2026, whereby we had informed regarding
the open offer to be made by the Company to the public shareholders of Premier Explosives
Limited (“PEL”), for acquisition of 26% of equity shares from them, we would like to inform
you that the Securities and Exchange Board of India has, vide its letter dated August 14, 2026
and received by the company on August 16, 2026 from its merchant bankers, conveyed their
final comments on the draft letter of offer in terms of the applicable provisions of the SEBI
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI SAST”). The
Company shall take further steps as recommended by SEBI and as required under the open
offer process pursuant to the SEBI SAST.
This is for the information of the Exchanges and the members.
Thanking you,
Yours faithfully,
For Apollo Micro Systems Limited
Karunakar Reddy Baddam
Managing Director
DIN: 00790139
Apollo Micro Systems Limited
Regd Office. Plot No.128/A, Road No.12, IDA-Mallapur, Uppal Mandal, Hyderabad-500076, Telangana, India
Tel No:040-27167000-099, Fax No: 040-27150820
Mail: cs@apollo-micro.com, www.apollo-micro.com
CIN:L72200TG1997PLC026556