Premier Explosives

** Shares of Apollo Micro Systems APLL.NS rise 2.3% to 407.45 rupees

** Defence electronics maker says it will acquire 41.33% stake in defence and aerospace explosives manufacturer Premier Explosives PRMR.NS for 15.5 billion Indian rupees ($162.77 million)

** Deal comes amid consolidation in India's fast-growing defence manufacturing sector, supported by higher government spending and a push for local production

** Stock up 51.8% YTD

($1 = 95.2250 Indian rupees)

(Reporting by Payel Das in Bengaluru)

(([email protected]))

Premier Explosives’ board took note of a share purchase agreement under which Apollo Micro Systems will buy 2,22,21,735 equity shares representing a 41.33% stake from the company’s promoters, the AKS Family Trust. The transaction is priced at ₹698 per share, valuing the promoter stake at roughly ₹1,550 crore. The agreement triggers a mandatory open offer to the public shareholders for up to an additional 26% of the voting share capital, also at ₹698 per share. The deal is subject to regulatory clearances, including approval from the Competition Commission of India, and is expected to close in four to five months.

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May 5 (Reuters) - Premier Explosives Ltd PRMR.NS:

• PREMIER EXPLOSIVES LTD - RECEIVED EXPORT ORDERS WORTH 336.9 MILLION RUPEES

Source text: ID:nnAZN4SUA9F

Further company coverage: PRMR.NS

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April 22 (Reuters) - Premier Explosives Ltd PRMR.NS:

• PREMIER EXPLOSIVES LTD - GETS ORDER WORTH 3.50 BILLION RUPEES

Source text: ID:nNSE4RTTB9

Further company coverage: PRMR.NS

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Jan 21 (Reuters) - Premier Explosives Ltd PRMR.NS:

• RECEIVED A PURCHASE ORDER WORTH USD 1,928,000

Source text: ID:nNSE7F1SZc

Further company coverage: PRMR.NS

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Nov 4 (Reuters) - Premier Explosives Ltd PRMR.NS:

• PREMIER EXPLOSIVES LTD - SEBI INQUIRY ON SUSPECTED INSIDER TRADING AT PREMIER EXPLOSIVES

Source text: ID:nBSElCklR

Further company coverage: PRMR.NS

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** Shares of Premier Explosives PRMR.NS climb 8.3% to 590 rupees, highest since June-end

** Telangana state's pollution watchdog approves resumption of production at high-energy materials maker's Katepally facility

** Earlier closure order issued after an accident on April 29

** Stock up 12% YTD

(Reporting by Aleef Jahan in Bengaluru)

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** Shares of Premier Explosives PRMR.NS rise 3.9% to 549.7 rupees

** High energy materials maker wins 78.3 million-rupee ($888,283.84) order from India's defence ministry for supply of counter measures - equipment to shield military assets

** Stock up 4.4% YTD

($1 = 88.1475 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

** Shares of Premier Explosives PRMR.NS rise 15.2% to 491.85 rupees

** The company, which makes products for the defence, space, mining and infrastructure industries, posted Q1 consol profit that doubled to 153.5 mln rupees

** Q1 consol revenue jumped 71.6% Y/Y to 1.42 bln rupees

** Trading vols at 2.7 mln shares, nearly 8x the 30-day average

** PRMR down ~6% YTD

(Reporting by Vijay Malkar)

(([email protected];))

** Premier Explosives PRMR.NS gains 3.5% to 441.2 rupees' set to log best day since late May

** Stock on track to snap eight straight sessions of losses

** Co gets order worth 1.9 bln rupees ($21.7 mln) to manufacture, supply defence explosives from "international entity"

** About 770,000 shares traded, 2x the 30-day avg

** YTD, PRMR falls 15.4%

($1 = 87.5710 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

July 16 (Reuters) - Premier Explosives Ltd PRMR.NS:

• RECEIVES EXPORT ORDER WORTH $12,240,000

Source text: ID:nBSE9jXzZX

Further company coverage: PRMR.NS

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** Shares of Premier Explosives PRMR.NS rise as much as 2% to 599.05 rupees
** Defense and mining firm gets an order from an international entity for manufacture, supply of defence products for 66.2 mln rupees ($763,975.44)
** Stock on track to snap 3-day losing streak
** PRMR last up 0.6%, adding to YTD gains of 12.5%

($1 = 86.6520 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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June 18 (Reuters) - Premier Explosives Ltd PRMR.NS:

• PREMIER EXPLOSIVES LTD- GOT ORDER WORTH 17.3 MILLION RUPEES

Source text: ID:nnAZN3ZT8O3

Further company coverage: PRMR.NS

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June 11 (Reuters) - Premier Explosives Ltd PRMR.NS:

• RECEIVES EXPORT ORDER WORTH 26 MILLION RUPEES

Source text: ID:nBSE35WC55

Further company coverage: PRMR.NS

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** Shares of Premier Explosives PRMR.NS fall 2.8% to 439.05 rupees

** Defence products maker received closure orders from Telangana Pollution Control Board on Monday to stop all industrial activities with immediate effect at its Katepally factory

** PRMR dropped 5.8% on Monday

** PRMR shares down 13.5% in 2025 so far, after logging gains in each of the previous four years since its stock market debut, according to exchange data

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

April 30 (Reuters) - Premier Explosives PRMR.NS said on Wednesday that a fire and blast at one of its factories in South India on Tuesday has killed three individuals and injured six.

Shares of Premier Explosives, which makes propellants for rockets and satellite launch vehicles, were last trading 13% lower.

The fire and explosion, at its Katepally factory in the southern state of Telangana, has damaged building and machinery and the company is ascertaining the losses, Premier said.

The cause for the incident is being investigated, it said.

Local daily New Indian Express reported that villagers staged a protest in front of the factory gates, following the incident, alleging negligence and poor safety standards.

Reuters could not immediately confirm the news of the protest.

The company did not immediately respond to a Reuters request for comment seeking confirmation.

In January, the company disclosed a fire accident at another factory in Telangana state, which killed one individual and injured another.

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Mrigank Dhaniwala)

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** Shares of Premier Explosives PRMR.NS rise 3% to 337.40 rupees

** Explosives maker gets order worth 189 mln rupees ($2.2 mln)

** Trading vols at 209,524 shares, 1x the 30-day average

** PRMR down 35.4% YTD

($1 = 86.5230 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))

Premier Explosives Ltd PRMR.NS:

• PREMIER EXPLOSIVES LTD - GETS EXPORT ORDER WORTH 189 MILLION RUPEES

Source text: ID:nBSE6xwW4v

Further company coverage: PRMR.NS

** Shares of Premier Explosives PRMR.NS rise as much as 6% to 343 rupees

** The explosives maker said on Wednesday that it has won an export order worth 214.5 million rupees ($2.5 million) for supply of defense explosives

** More than 296,000 shares change hands, 1.7x of 30-day avg

** Stock down 37.3% YTD vs a 64.4% gain in 2024

($1 = 87.0550 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

March 12 (Reuters) - Premier Explosives Ltd PRMR.NS:

• RECEIVES EXPORT ORDER WORTH 214.5 MILLION RUPEES

Source text: ID:nBSE6BFmmQ

Further company coverage: PRMR.NS

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March 10 (Reuters) - Premier Explosives Ltd PRMR.NS:

• PREMIER EXPLOSIVES LTD - SIGNS JV AGREEMENT WITH GLOBAL MUNITION

Source text: ID:nNSE6FLwfW

Further company coverage: PRMR.NS

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March 7 (Reuters) - Premier Explosives Ltd PRMR.NS:

• INCORPORATES JOINT VENTURE COMPANY GLOBAL PREMIER LIMITED

Source text: ID:nBSE9GH3kx

Further company coverage: PRMR.NS

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** Shares of explosives maker Premier Explosives PRMR.NS fall 5.1% to 523 rupees

** Co says fire at factory in Telangana state caused one death and left another severely injured

** Says the accident on Saturday damaged building, equipment

** PRMR rose around 64% in 2024

(Reporting by Yagnoseni Das in Bengaluru)

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** Shares of Premier Explosives PRMR.NS rise to an exchange-allowed maximum of 10% to 567.60 rupees

** The explosives maker enters into memorandum of understanding with Global Munition to set up a joint venture for defence and aerospace products

** PRMR will hold a 49% stake in proposed JV and Global Munition to hold the remaining 51%

** PRMR up ~79% YTD

(Reporting by Vijay Malkar)

(([email protected];))

Dec 13 (Reuters) - Premier Explosives Ltd PRMR.NS:

• PREMIER EXPLOSIVES LTD - ENTERS MOU WITH GLOBAL MUNITION FOR JOINT VENTURE

• PREMIER EXPLOSIVES LTD - JV EQUITY RATIO AT 51:49 BETWEEN GLOBAL MUNITION AND CO

Source text: ID:nBSE14ltZg

Further company coverage: PRMR.NS

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Nov 11 (Reuters) - Premier Explosives Ltd PRMR.NS:

• PREMIER EXPLOSIVES - NAMES VIJAY KUMAR B.M AS CFO

Source text: ID:nBSE3vzWqB

Further company coverage: PRMR.NS

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** Shares of Premier Explosives PRMR.NS rise 5% to 476.2 rupees

** Commodity chemicals maker gets order worth 892 mln rupees (~$11 mln) from Telangana's Singareni Collieries to supply explosives used for blasts at different opencast projects

** Stock up 50% YTD

($1 = 84.1900 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected]))

Nov 5 (Reuters) - Premier Explosives Ltd PRMR.NS:

• GETS ORDER WORTH 892 MILLION RUPEES

Source text: ID:nBSE1cyJzs

Further company coverage: PRMR.NS

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Sept 30 (Reuters) - Premier Explosives Ltd PRMR.NS:

• SRIHARI PAKALAPATI RESIGNS AS CHIEF FINANCIAL OFFICER

Source text for Eikon: ID:nBSE73VFg2

Further company coverage: PRMR.NS

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April 19 (Reuters) - Premier Explosives Ltd PRMR.NS:

• APPROVED SUB-DIVISION OF SHARES

• APPROVED RAISING OF FUNDS UP TO 4 BILLION RUPEES

• APPROVED SUB-DIVISION OF SHARES IN RATIO 1:5

Source text for Eikon: ID:nNSE2Lyy1M

Further company coverage: PRMR.NS

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