News ArticleApollo Micro Systems Revises Premier Explosives Share Acquisition to 13,977,911 Shares with 5.45% Oversubscription
Correction issued on November 3, 2026, updates acquisition figures previously disclosed on November 2, 2026
Apollo Micro Systems Limited updated its disclosure on November 3, 2026, correcting its acquisition figure of Premier Explosives Limited shares to 13,977,911 shares and a 5.45% oversubscription. This clarification amends the information provided on November 2, 2026, concerning the share acquisition and oversubscription percentage.
Apollo Micro Systems Limited
Acquisition / Amalgamation / Merger / Demerger
Apollo Micro Systems Limited clarified on November 3, 2026, that it acquired 13,977,911 shares of Premier Explosives Limited, with an oversubscription of 5.45%, correcting figures from an earlier disclosure on November 2, 2026.
The clarification adjusts the number of shares acquired in Premier Explosives Limited to 13,977,911.
It also specifies that the percentage of oversubscription related to this share acquisition stands at 5.45%.
This update was made following the company's initial disclosure on November 2, 2026, regarding its share acquisition.
Apollo Micro Systems requested that the National Stock Exchange and BSE take the revised details on record as part of regulatory compliance.
Highlights
- Apollo Micro Systems acquired 13,977,911 shares of Premier Explosives Limited.
- Oversubscription percentage for the acquisition is 5.45%.
- Update corrects prior data disclosed on November 2, 2026.
- Filing made on November 3, 2026, to NSE and BSE exchanges.
Key Data Snapshot
What happened
- Apollo Micro Systems Limited clarified the corrected number of shares acquired of Premier Explosives Limited as 1,39,77,911.
- The percentage of oversubscription for this share acquisition is 5.45%.
- The correction pertains to an earlier disclosure made on 2nd November 2026.
Regulatory and governance context
- This clarification was formally communicated to the National Stock Exchange and BSE Limited.
- The company requested the exchanges to take the corrected information on record as per regulatory requirements.
Highlights
- Apollo Micro Systems acquired 13,977,911 shares of Premier Explosives Limited.
- Oversubscription percentage for the acquisition is 5.45%.
- Update corrects prior data disclosed on November 2, 2026.
- Filing made on November 3, 2026, to NSE and BSE exchanges.
Disclosures
- Regulation related to disclosures on shareholding and acquisitions under SEBI Listing Obligations and Disclosure Requirements
Source Information
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