Premier Explosives Share Price Today

Premier Explosives IDC deems Apollo Micro open offer fair at ₹705.65

Premier Explosives IDC recommends Apollo Micro's open offer as fair and reasonable. Offer price is ₹705.65 per share, including ₹7.65 applicable interest. Pre-offer advertisement published October 8, 2026, with revised tendering dates. Tendering period revised to start October 12, 2026, due to CCI approval delays.

Premier Explosives discloses AGM voting results; all resolutions pass

All six resolutions at Premier Explosives' 46th AGM passed with requisite majority. Voting results show 99.9999% support for FY26 financials and dividend declaration. Special resolution to increase borrowing limits received 96.47% votes in favour. Reappointment of Director Dr. Kailash Gupta approved with 98.60% support.

Premier Explosives seeks ₹1,000 crore borrowing limit at AGM

Premier Explosives seeks approval for a ₹1,000 crore borrowing limit. Final dividend of ₹0.50 per share proposed for FY26. AGM scheduled for September 30, 2026, via video conference. Security charges limit increased to ₹1,000 crore from ₹400 crore.

Premier Explosives files FY26 sustainability report with stock exchanges

Premier Explosives filed its FY26 BRSR, disclosing turnover splits and safety data. Defence and space segments contributed 81.22% of total turnover. Safety incidents included five fatalities and a rise in LTIFR rates. Waste generation surged to 163.758 metric tonnes, up from 24.948 tonnes in FY25. Company paid ₹6.75 lakh environmental compensation to resolve regulatory closure order.

SEBI permits Premier Explosives open offer start within 12 days of CCI approval

SEBI permits open offer tendering to start within 12 working days of CCI approval. Apollo Micro Systems acquires 26% stake in Premier Explosives at ₹698 per share. Payment to successful shareholders due within 10 working days post-tender closure. Acquirer must pay 10% annual interest for any payment delays. Total shares involved in the offer amount to 1,39,77,911 equity shares.

Premier Explosives Q1 FY27 revenue falls 28% to ₹102.6 crore

Revenue fell 28% YoY to ₹102.6 crore in Q1 FY27 due to dispatch delays. EBITDA margin compressed to 4.7% amid elevated raw material costs. Order book stands at ₹1,393 crore, with 94% sourced from defense sector. Full-year revenue target remains at ₹600 crore with 15-20% EBITDA margin goal. Export licenses received recently, enabling ₹150-200 crore in near-term exports.