Premier Explosives Limited
Premier Explosives Limited is engaged in the manufacturing of industrial explosives and detonators. It also undertakes operation and maintenance (O&M) services of solidpropellant plants at the Sriharikota Centre of ISRO and Solid Fuel Complex at Jagdalpurunder the umbrella of DRDO.
What Premier files
- Others38
- Investor Meet30
- Important20
- New Orders18
- Board Meeting12
- Updates10
Premier Explosives shared web-links for its FY25-26 Annual Report with shareholders without registered emails. The company announced its 46th Annual General Meeting via video conference, encouraging investors to update their KYC details.
SEBI approved Apollo Micro Systems' open offer to acquire 26% (1.4 Cr shares) of Premier Explosives for ₹698/share (~₹975.7 Cr). Tendering starts within 12 working days of CCI approval. Acquirer to pay 10% annual interest on delayed payments to shareholders.
Premier Explosives settled fines totaling Rs. 0.03 Cr with BSE and NSE. The payments followed the rejection of waiver applications for prior non-compliance, resolving these regulatory matters.
Premier Explosives' 41.33% promoter stake will be acquired by Apollo Micro Systems for ~INR 1550 Cr cash. This strategic deal combines defence and energetic materials expertise, boosting operational efficiencies and strengthening national security in defence and space programs.
Premier Explosives: Promoters completed transfer of 2.22 Cr shares (41.33% stake) to AKS Family Trust. This internal reorganization, cleared by regulators, results in no change to total promoter group shareholding or company control.