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Premier Explosives Limited ( (IN:PREMEXPLN) ) has shared an announcement.
Premier Explosives Limited announced an inter-se transfer of equity shares among its promoters, with Dr. Amarnath Gupta and Dr. (Mrs.) Kailash Gupta acquiring additional shares. This transaction increased their holding from 24.37% to 30.48%, although the overall promoter group shareholding remains unchanged. This strategic move within the promoter group is likely to consolidate their control and influence within the company, potentially impacting decision-making and future strategic directions.
More about Premier Explosives Limited
Premier Explosives Limited operates in the explosives industry, focusing on the production and supply of explosives and related services. The company is involved in manufacturing a range of products including explosives for mining, defense, and other industrial applications.
Average Trading Volume: 97,840
Technical Sentiment Signal: Buy
Current Market Cap: 33.75B INR
For an in-depth examination of PREMEXPLN stock, go to TipRanks’ Overview page.