GOCL Unpins IDL: Apollo Defence to Take Charge in Landmark ₹1.07 Billion Transaction

Unknown Apr 02, 2026 2,150 Views

GOCL Corporation Ltd has approved the sale of its entire equity stake in its explosives business, IDL Explosives Limited, for combined consideration of ₹1.07 billion. The acquirer, Apollo Defence Industries, will be acquiring 100% of IDL Explosives, a milestone in the Indian defence and industria...