Premier Explosives terminates supply order

29 Apr 2021 Evaluate

Premier Explosives has terminated  order bagged for supply of HMX and RDX derivatives from Elmas Savunma Sanyii Ve Havacilik Ticarett, Ankara, Turkey. The company has terminated  order due to difficulty in obtaining license from Government of India for export of the said products to Turkey. There is negligible impact on the financial performance of the company and no damages on cancellation of the aforesaid order.

Premier Explosives is a prominent player in manufacturing solid propellants for India's prestigious missile programs like Akash, Astra, and LRSAM.

Premier Explosives Share Price

1523.00 3.60 (0.24%)
28-Mar-2024 16:01 View Price Chart
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