Mumbai (Maharashtra) [India], July 16: Cumulative Capital Private Limited ("Cumulative Capital"), a SEBI-registered Category-I merchant banker, has been appointed Manager to the Open Offer in connection with the proposed acquisition of Premier Explosives Limited (NSE: PREMEXPLN; BSE: 526247) by Apollo Micro Systems Limited (NSE/BSE: APOLLO). The Public Announcement of the open offer was issued on 9 July 2026 in accordance with Regulations 3(1) and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("SAST Regulations").
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