Apollo Micro Systems said it will raise Rs 3,322 crore through a fresh equity issuance, including 2,28,30,902 preferential shares priced at Rs 416.60 each and 5,69,15,380 convertible equity warrants. The company also signed an agreement to acquire a 41.33% promoter stake in Premier Explosives Limited, with closing expected by December 2026. The stock rose 2.57% in the previous session to Rs 408. The shares are up 48.24% year-to-date.