Premier Explosives Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 03:58 pm
12-08-2025 | 03:58 pm
Premier Explosives' board meeting outcome highlights strong Q1 consolidated financial results, with revenue at ₹142.15 Cr and profit at ₹15.36 Cr. The profit figure factors in a ₹5 Cr gain from a contract provision reversal, partly offset by a ₹4 Cr ex-gratia expense for an accident.
Key approvals include a plan to raise up to ₹300 Cr via various securities and an Employee Stock Option Scheme (ESOS) 2025 for eligible employees and directors. The 45th Annual General Meeting is scheduled for September 30, 2025, and a dividend for FY24-25 was approved, with September 23, 2025, as the record date.
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