Open Offer Completion - Apollo Micro Systems for Premier Explosives

Open Offer Details

Apollo Micro Systems Limited ("Acquirer") has completed an Open Offer for acquisition of up to 1,39,77,911 fully paid-up Equity Shares of face value ₹2 each from shareholders of Premier Explosives Limited ("Target Company"), representing 26.00% of the Equity Share Capital at a price of ₹698 per Equity Share along with Applicable Interest of ₹7.65 per Equity Share, aggregating to total consideration up to ₹986,35,12,898 payable in Cash.

Offer Timeline and Publication

  • Post Offer Advertisement published on November 6, 2026 in Business Standard (English - All Edition), Business Standard (Hindi - All Edition), Navshakti (Marathi - Mumbai Edition), and Nava Telangana (Telugu - Hyderabad Edition)
  • Date of Opening of the Offer: Monday, October 12, 2026
  • Date of Closure of the Offer: Monday, October 26, 2026
  • Date of Payment of Consideration: Wednesday, November 4, 2026 (with last date as Monday, November 9, 2026 per Schedule of Activities)

Actual Offer Results

| Particulars | Proposed | Actual |

| Offer Price | ₹698 + ₹7.65 interest = ₹705.65 per share | ₹698 + ₹7.65 interest = ₹705.65 per share |

| Aggregate shares tendered | 1,39,77,911* | 1,47,40,325 |

| Aggregate shares accepted | 1,39,77,911* | 1,39,77,911 |

| Size of Offer | ₹986,35,12,898* | ₹986,35,12,898 |

| Post-offer shareholding of Acquirer | 3,61,99,646* (67.33%) | 3,61,99,646 (67.33%) |

Additional Transaction Details

  • Equity Shares agreed to be acquired by Share Purchase Agreement: 2,22,21,735 shares (41.33%)
  • Pre-offer public shareholding: 3,15,39,460 shares (58.67%)
  • Post-offer public shareholding: 1,75,61,549 shares (32.67%)
  • Acquirer's shareholding before SPA/PA: Nil
  • No equity shares acquired after Detailed Public Statement

Post-Transaction Impact

Upon completion of the Open Offer and SPA transaction, Apollo Micro Systems Limited will become the promoter of Premier Explosives Limited, while one existing promoter (Seller) will cease to be promoter. Three existing promoters (Dr. Amarnath Gupta, Dr. (Mrs.) Kailash Gupta and Amarnath Gupta HUF) will reclassify themselves under public shareholder category as required by SEBI (LODR) Regulations.

Enviro Infra Engineers Limited Financial Results

Q2 FY27 Financial Performance (Standalone)

  • Total Income from operations: ₹27,849.01 lakhs (Q2 FY26: ₹22,519.77 lakhs)
  • Net Profit before tax (after exceptional items): ₹4,956.38 lakhs (Q2 FY26: ₹5,188.38 lakhs)
  • Net Profit after tax: ₹3,703.63 lakhs (Q2 FY26: ₹3,908.96 lakhs)
  • Total Comprehensive Income: ₹3,687.03 lakhs (Q2 FY26: ₹3,906.43 lakhs)
  • Basic EPS: ₹2.11 (Q2 FY26: ₹2.23)
  • Diluted EPS: ₹2.11 (Q2 FY26: ₹2.23)

H1 FY27 Financial Performance (Standalone)

  • Total Income from operations: ₹53,361.16 lakhs (H1 FY26: ₹46,772.44 lakhs)
  • Net Profit after tax: ₹7,278.62 lakhs (H1 FY26: ₹7,986.65 lakhs)
  • Basic EPS: ₹4.15 (H1 FY26: ₹4.55)

Consolidated Financials Q2 FY27

  • Total Income from operations: ₹37,209.73 lakhs
  • Net Profit after tax: ₹3,948.97 lakhs
  • Basic EPS: ₹2.36

Capital Structure

  • Paid-up Equity Share Capital: ₹17,553.00 lakhs (unchanged)
  • Reserves (excluding Revaluation Reserve) as of previous audited balance sheet: ₹99,094.80 lakhs (standalone), ₹105,717.72 lakhs (consolidated)

Approval Process

The results were reviewed by the Audit Committee and approved by the Board of Directors on November 5, 2026, filed under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Coforge Limited Postal Ballot Notice

Voting Details

  • Cut-off date: October 30, 2026
  • E-voting period: November 6, 2026 (9:00 AM IST) to December 5, 2026 (5:00 PM IST)
  • Service provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Mr. Nityanand Singh, Company Secretary
  • Results declaration: On or before December 7, 2026

Communication Method

Physical copies not dispatched due to MCA circulars. Notices sent via email through NSDL to members with registered email IDs. Members without email registration requested to register with Depository Participant (dematerialized shares) or Company/RTA (physical shares).

Additional Requirements

Members advised to dematerialize physical shares and update contact details, bank information, and nomination forms as per SEBI circulars dated November 3, 2021, and December 14, 2021.

Great Eastern Shipping Company IEPF Transfer Notice

Transfer Details

  • Shares with unclaimed dividend for seven consecutive years or more will be transferred to IEPF Authority on April 6, 2027
  • Shareholders must claim dividends by March 20, 2027, by submitting required documents to KFin Technologies Limited
  • Physical shares will be issued new certificates for dematerialization before IEPF transfer
  • Demat shares will be transferred via corporate action

Claim Process

Shareholders must submit Investor Service Request Forms, bank mandate details, cancelled cheque leaf, and self-attested PAN copies. Outstanding payments will be credited directly to bank accounts for KYC-compliant folios.

Post-Transfer Provisions

Transferred shares and all accruing benefits can be claimed back from IEPF Authority following prescribed procedures. Original share certificates will be automatically cancelled upon issue of new certificates.

#Tags: #ApolloMicroSystems #PremierExplosives #OpenOffer #SEBIRegulations #FinancialResults #PostalBallot #IEPFTransfer #RegulatoryCompliance #CorporateActions #Neutral