Premier Explosives Limited

Premier Explosives Limited

Apollo Micro Systems Limited has been permitted by SEBI to commence the open offer for acquisition of up to 26% stake in Premier Explosives Limited at Rs 698 per share, with the tendering period to start within 12 working days from the receipt of approval from the Competition Commission of India.

Premier Explosives Limited

Premier Explosives Limited reported Q1 FY27 revenue of INR102.6 crores, a 28% decline YoY, due to delays in dispatches and project execution caused by global headwinds and supply chain disruptions. The company expects a stronger operational performance and better revenue conversion in the coming quarters.

Premier Explosives Limited

Premier Explosives Limited has informed the Exchange about the link of recording of the earnings conference call for the first quarter ended June 30, 2026.

Premier Explosives Limited

Premier Explosives Limited has informed the Exchange about General Updates, including the rejection of waiver applications for fines imposed by BSE and NSE for non-compliance/delayed compliance with Regulation 17(1A) of the SEBI Listing Regulations. The company has made payment of the fines of Rs. 3.11.520, - (including GST) on August 13, 2026.

Premier Explosives Limited

Premier Explosives Limited has informed the Exchange about the publication of unaudited financial results for the quarter ended June 30, 2026, in 'Business Standard' and 'Nava Telangana'.

Premier Explosives Limited

Premier Explosives Limited has announced its Q1FY27 results, with revenue declining 28% YoY to Rs. 1,026 Mn due to delays in dispatches and project execution amid global headwinds and supply chain disruptions. The company has a strong order book of Rs 13,930 Mn, with 94% contribution from the Defence segment, providing revenue visibility going forward.

Premier Explosives Limited

The company, Premier Explosives Limited, has announced the record date for the purpose of dividend for the financial year 2025-26 as 23rd September 2026.

Premier Explosives Limited

Premier Explosives Limited has informed the Exchange regarding Outcome of Board Meeting held on August 13, 2026. The Board approved the unaudited financial results (Standalone and Consolidated) of the Company for the quarter ended 30th June, 2026 and taken on record, the Limited Audit Review Report on the results. The 46th Annual General Meeting (AGM) of the Members of the Company will be held on September 30, 2026 through electronic mode.

Premier Explosives Limited

Premier Explosives Limited has submitted its unaudited financial results for the quarter ended June 30, 2026, and announced the 46th Annual General Meeting to be held on September 30, 2026. The company has also set a record date of September 23, 2026, for determining members eligible to receive the dividend for the financial year 2025-26.

Premier Explosives Limited

Premier Explosives Limited has informed the Exchange about a conference call scheduled to discuss Q1FY27 Financial Results on 14th August, 2026.

Premier Explosives Limited

Premier Explosives Limited has informed the Exchange about the resignation of a Director/KMP/SMP.

Premier Explosives Limited

Premier Explosives Limited has informed the Exchange regarding the resignation of Dr.(Mrs.) Kumuda Raghavan as Non-Executive Independent Director of the company, effective July 31, 2026, due to personal commitments and health reasons.

Premier Explosives Limited

Premier Explosives Limited has informed the Exchange about a copy of newspaper publication regarding the transfer of unpaid/unclaimed dividend and equity shares to the Investor Education and Protection Fund (IEPF) Authority.

Premier Explosives Limited

Cumulative Capital Private Ltd has submitted a detailed public statement to the NSE regarding Premier Explosives Limited, as per SEBI (SAST) Regulation, 2011.

Premier Explosives Limited

Premier Explosives Limited has received a public announcement for an open offer from Cumulative Capital Private Limited, the manager to the offer, under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Premier Explosives Limited

Apollo Micro Systems Limited has entered into a definitive agreement to acquire 41.33% of Premier Explosives Limited for approximately INR 1550 crores in an all-cash deal. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions, regulatory approvals, and shareholder approval.

Premier Explosives Limited

Premier Explosives Limited has informed the Exchange regarding a press release dated July 09, 2026, titled 'Press Release' regarding the acquisition of 41.33% of the company by Apollo Micro Systems Ltd for approximately INR 1550 crores.

Premier Explosives Limited

Premier Explosives Limited has informed the Exchange regarding the outcome of its Board Meeting held on July 09, 2026. The Board took note of the Share Purchase Agreement for the acquisition of 2,22,21,735 equity shares constituting 41.33% of the Voting Share Capital of Premier Explosives Limited, and the Open Offer for up to 1,39,77,911 equity shares, constituting 26% of the voting share capital, at a price of INR 698/- per equity share from the public shareholders of Premier Explosives Limited.

Premier Explosives Limited

Premier Explosives Limited has informed the Exchange regarding the outcome of its Board Meeting, where the Board took note of the Share Purchase Agreement for the acquisition of 2,22,21,735 equity shares constituting 41.33% of the Voting Share Capital of the Company by Apollo Micro Systems Limited. The acquisition is subject to regulatory and statutory clearances, including approvals from the Competition Commission of India, and the execution of the SPA has triggered a mandatory open offer for up to 26% of the fully diluted voting equity share capital of the Company from the public shareholders.

Premier Explosives Limited

The NSE has sought clarification from Premier Explosives Limited regarding a news article about Apollo Micro Systems potentially acquiring the company. The company's response is pending.