Premier Explosives Limited has informed the Exchange regarding 'Intimation under Regulatuion 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
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Premier Explosives has received closure orders dated May 7, 2025, from the Telangana Pollution Control Board directing the company to immediately stop all industrial activities at its factory in Katepally Village, Yadadri-Bhuvanagiri District, Telangana. This action follows an accident that occurred at the plant on April 29, 2025. The company has stated it is taking all necessary steps with the pollution control board to get the consent to operate reinstated at the earliest. The intimation has been filed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements.
The factory closure directly halts production at this unit, which could affect revenue and order deliveries in the near term. Investors should monitor how quickly the company restores the consent to operate, as prolonged shutdowns may pressure earnings.