Premier Explosives' promoter stake increases via family partition

Amarnath Gupta, jointly with Kailash Gupta, has acquired 32,83,485 (6.11%) equity shares of Premier Explosives Limited from Amarnath Gupta HUF. This inter-se transfer, occurring due to a family partition, increases Amarnath Gupta's individual holding from 24.37% to 30.48% (1,31,00,915 shares to 1,63,84,400 shares). The overall promoter shareholding remains unchanged at 41.33%.

This acquisition falls under the exemption provided by Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as an inter-se transfer among promoters. No consideration was involved in this off-market transaction. The total equity share capital of Premier Explosives Limited remains INR 10,75,22,390, consisting of 5,37,61,195 equity shares of face value of INR 2/- each.

The transaction was notified to the stock exchanges, with the date of acquisition specified as October 17, 2025. Applicable fees totaling INR 1,77,000/- (INR 1,50,000/- plus 18% GST of INR 27,000/-) were remitted to SEBI.