Premier Explosives secures significant defense orders for chaffs and flares

Premier Explosives Limited has received orders from the Ministry of Defence, Government of Republic of India, for the supply of chaffs and flares. The total value of these orders amounts to INR 429.56 crores, including GST. The company is expected to deliver these supplies within a period of twelve months.

The orders were awarded by the Ministry of Defence, Indian Air Force, New Delhi. The transaction is not considered a related party transaction, confirming it was conducted at "arms length."

These developments were disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.