Apollo Micro Systems Regulatory Approval
The Competition Commission of India ruled that Apollo Micro Systems' acquisition of Premier Explosives does not require prior approval, allowing the open offer to proceed.
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The Competition Commission of India ruled that Apollo Micro Systems' acquisition of Premier Explosives does not require prior approval, allowing the open offer to proceed.
Apollo Micro Systems Limited received a lifetime Arms Manufacture License from the Government of India. This authorizes the company to manufacture high-value strategic weapon systems, including missiles and torpedoes, at its Hyderabad facilities. This grant transforms the company into an end-to-end platform manufacturer for the Indian Armed Forces and export markets.