Apollo Micro Systems open offer at Rs 698/share for 26% of Premier Explosives

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF Explain this filing

PREMEXPLN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.6%Reaction day

₹670.00

prior close

₹666.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-0.1% vs market

Chemicals & Petrochemicals peers, median of 193sector · industry level+0.0%-0.6% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.6 pts less than its Chemicals & Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.2

15m

+0.1

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6-0.5-0.1+0.0-0.6

Next day

-0.9-1.5+0.6-0.5-0.4

-0.8-0.9+0.1-0.3-0.5

-1.9-0.6-1.3-0.2-1.7

+0.7-1.8+2.5-0.9+1.5

-0.8-2.4+1.6-1.0+0.2

-0.3-0.7+0.4-0.0-0.3

15d

-0.7+2.4-3.1+2.0-2.8

+0.4+2.9-2.5+0.8-0.4

-0.4+1.2-1.5+1.7-2.1

+3.4+1.2+2.3+1.1+2.3

UpDownMarket · Nifty Microcap 250Sector · Chemicals & Petrochemicals peers, median of 193Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Apollo Micro Systems Limited has launched an open offer to acquire up to 1,39,77,911 equity shares (26 percent) of Premier Explosives Limited from public shareholders at Rs 698 per share, aggregating up to Rs 975.66 crore. The offer is made under SEBI Takeover Regulations. The Detailed Public Statement was published in Business Standard and regional newspapers on July 16, 2026.

Likely market impact

Mandatory open offer triggered at Rs 698/share. Investors may tender shares or hold based on outlook; signals acquisition interest.