Apollo Micro Systems has entered into a definitive share purchase agreement with Premier Explosives to acquire Promoter shares of 41.33% for approximately Rs 1550 crore in all cash deal. The transaction is expected to close in Third Quarter/December 2026, subject to customary closing conditions, regulatory approvals, shareholder approval, etc. Following completion, Premier Explosives will come under umbrella of Apollo Micro Systems and will continue to operate under its existing brand, with scaled performance.
The Great Eastern Shipping Company (GE Shipping) took delivery of 2015 built Long Range 2 Tanker ‘Jag Laxman’ of about 109,990 dwt. The company had contracted to buy the vessel in Q1 FY27. This vessel is financed entirely from internal accruals. After this transaction, the company’s current owned fleet stands at 41 vessels, comprising 26 Tankers (5 Crude Tankers, 17 Product Tankers, 4 LPG Carriers) and 15 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 1 Ultramax, 2 Supramax) aggregating 3.35 mn dwt. The company’s current capacity utilization is close to 100%.
Pace Digitek’s subsidiary -- Lineage Power (LPPL), has signed two strategic Memorandum Of Understanding (MoU) with Onward Solar Power and Kalpa Power during the 12th India Energy Storage Week (IESW) 2026 at IICC, Yashobhoomi, New Delhi, where Pace Digitek and LPPL are showcasing their integrated Battery Energy Storage System (BESS) portfolio and advanced energy storage solutions at Hall 1, Stall 4. The MoUs establish a framework for collaboration under which LPPL will serve as a preferred BESS supply partner, supporting future projects with integrated BESS solutions, including DC Blocks, Power Conversion Systems (PCS), Energy Management Systems (EMS), engineering support, warranty and lifecycle services.
Relicab Cable Manufacturing has received the contract from one of the world's leading energy technology companies operating in India for supply of Control Cables totaling to Rs 1.43 crore approximately (Including GST). The said order is expected to be completed on or before August 30, 2026.
Dhampur Bio Organics has acquired 7400 equity shares at the rate Rs 10 each in DBION Formerly known as Sonitron Chemicals), amounting to Rs 74,000. This constitutes 74% of the paid-up equity share capital of DBION. The said acquisition is in accordance with the Joint Venture Agreement entered into with Orgonew. Consequent to this acquisition, DBION is now a subsidiary of the company as well as the Joint Venture Company under Joint Venture Agreement.
Sancode Technologies’ wholly-owned subsidiary -- Sancode Semi has received letter communication from the Odisha Industrial Infrastructure Development Corporation (IDCO) approving the allotment of 20 acres of industrial land at Infovalley - II, District Khurda, Odisha. The land has been allotted for establishment of the company's proposed Semiconductor OSAT (Outsourced Semiconductor Assembly and Test) manufacturing facility. The allotment of land marks a significant milestone towards implementation of the company's semiconductor manufacturing project in the State of Odisha.
Atal Realtech has bagged work order from Executive Engineer, Public Works Division, Nashik, Government of Maharashtra for Construction of PWD Rest House, Pratapgad (Civil & Electrical Work). Contract value is Rs 24.92 crore.
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