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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Full Announcement

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