Premier Explosives Limited has informed the Exchange that Record date for the purpose of Dividend & Meeting is 23-Sep-2025.
PREMEXPLN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Premier Explosives Limited's board approved Q1 FY26 unaudited results showing strong growth: standalone revenue from operations jumped to Rs 14,214.79 lakhs from Rs 8,285.81 lakhs in Q1 FY25 (about 72% growth), while profit after tax rose to Rs 1,531.65 lakhs from Rs 727.86 lakhs (about 110% growth). EPS stood at Rs 2.85 versus Rs 1.35. The company booked a Rs 400 lakh exceptional expense as ex-gratia for employees affected by a manufacturing facility accident, while other income got a one-time boost from a Rs 500 lakh reversal of an old loss provision. The board also approved a new Employee Stock Option Scheme 2025, appointed K V C Reddy & Associates as Secretarial Auditor for 5 years, and cleared a proposal to raise up to Rs 300 crore through equity, preferential, QIP, or rights issue routes. The 45th AGM is fixed for September 30, 2025, with September 23, 2025 set as the record date for dividend eligibility.
Strong quarterly performance and the dividend announcement are positive for shareholders, though the Rs 300 crore fund-raising plan could lead to equity dilution. The ex-gratia payment signals a past safety incident, while the one-time provision reversal flatters other income this quarter.