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Apollo Micro Systems Limited completed the acquisition of IDL Explosives Limited through Apollo Defence Industries Private Limited in a deal with GOCL Corporation Limited. IDL becomes a step-down subsidiary, with facilities including Rourkela. The move adds defence-grade explosives, propellants, and warhead systems, with integration set to begin in Q3 FY2026.
short by / 04:29 pm on 18 Nov
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