Sale of IDL

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jayanti menon

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May 7, 2025, 6:21:00 AMMay 7
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P N PRAKASH

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May 9, 2025, 1:35:43 AMMay 9
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This is good news.
Hindujas probably had an eye on the land.
This purchase involves 78.65 lakh equity shares at ₹136.04 each amounting to ₹107 crore. Once acquisition completed, Apollo Defence will own 100% of IDL Explosives. This acquisition is a key step towards becoming a Tier-I Original Equipment Manufacturer (OEM) for weapon systems. It strengthens Apollo Defence’s ability to offer integrated defence solutions, combining design, electronics, platforms, and now explosives enabling it to offer a broader portfolio of systems across artillery, missile, and high-impact weapon domains.

https://www.thehansindia.com/business/apollo-defence-industries-pvt-ltd-acquires-the-very-first-indian-owned-explosives-company-for-rs-107-crore-968797


On Wed, May 7, 2025 at 3:51 PM jayanti menon <jnkan...@gmail.com> wrote:

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Let us exchange pleasantries and solve our problems through mutual co-operation
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