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Date: 21st 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.
Further to the our letter dt.16th August, 2026, we would like to inform you that the Manager
to the Open Offer has received a letter dated August 21, 2026 from the Securities and Exchange
Board of India (“SEBI”) in relation to the open offer in terms of Regulation 3(1) and 4 and
other applicable provisions of the Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011, as amended (“SEBI (SAST)
Regulations”), to be made by the Company for acquisition of up to 1,39,77,911 fully paid-up
equity shares of face value of INR 2/- each (“Equity Shares”) of Premier Explosives Limited
(“Target Company”), representing 26.00% of the Equity Share Capital of the Premier
Explosives Limited (“Target Company”) at price of INR 698/- per Equity Share, from the
public shareholders of the Target Company under the SEBI (SAST) Regulations.
Pursuant to the aforesaid letter, SEBI has permitted the tendering period for the Open Offer to
commence not later than twelve working days from receipt of the approval of the Competition
Commission of India. The payment to all successful public shareholders who tender their
Equity Shares in the Open Offer shall be made within ten working days from the last date of
the tendering period, subject to the Acquirer paying interest for the said delay at the rate of ten
percent per annum.
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