BusinessPhoto: Mint MarketsApollo Micro Systems Shares Rise 3% After Fundraise for Premier Explosives Acquisition
Apollo Micro Systems shares rebounded 3% after hitting an intraday low of ₹389.65 on NSE. The company announced a fundraise of ₹986.35 crore deposited in an SBI escrow account to acquire 26% equity in Premier Explosives Limited. The open offer, from October 12 to 26, 2026, was oversubscribed by 1.41%, showing strong public shareholder response.
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