Premier Explosives sets 45th AGM, plans capital raise, dividend

Premier Explosives Limited announced the submission of its Business Responsibility and Sustainability Report (BRSR) for the financial year 2024-25, which forms an integral part of its Annual Report. The company will hold its 45th Annual General Meeting (AGM) on Tuesday, September 30, 2025, at 11:00 a.m. IST, conducted via Video Conference. Key resolutions at the AGM include the adoption of the audited standalone and consolidated financial statements for the year ended March 31, 2025, and the declaration of a final dividend of Rs. 0.50 per equity share.

Shareholders will also vote on the re-appointment of Dr. Amarnath Gupta and Mr. Y. Durga Prasad Rao as directors, with proposed remuneration details provided. Additionally, the AGM will address the appointment of M/s. K V C Reddy & Associates as secretarial auditors for five financial years from 2025-26 to 2029-30, and a special resolution to raise capital up to ₹300 crores through eligible securities. The company reported a total turnover rate for permanent employees of 6.06% in FY 2024-25.