Premier Explosives Share Price Surges 2% on ₹105 Crore Order for Defence Explosives

In a notable development for India’s defence manufacturing sector, Premier Explosives Limited has secured a large-scale export order from an international client. The contract, valued at approximately ₹105 crore, involves the production and supply of defence explosives over the next year. This announcement was made on July 16, 2025, and officially communicated to both the Bombay Stock Exchange and the National Stock Exchange under the applicable SEBI regulations.

Major International Contract Adds Momentum

The order, confirmed to be awarded by a foreign entity, underlines Premier Explosives Limited’s increasing role in the international defence supply chain. The company’s communication specifies that the contract is for the manufacturing and supply of defence explosives, to be delivered over a period of 12 months. The total contract value is $12,240,000, which is approximately ₹105 crore in Indian currency.

K. Jhansi Laxmi, Company Secretary, stated in the official filing, “This is to inform you that our Company, Premier Explosives Limited, has received an export order for a total consideration of $12,240,000, i.e. approx. ₹105 Crore, for manufacture and supply of Defence Explosives, to be delivered within a period of 12 months.”

SEBI Disclosures and Transaction Details

In accordance with SEBI’s regulatory framework, the company disclosed additional details via Annexure I. It clarifies that the order has been awarded by an international client, and there is no involvement of any promoter, promoter group, or group companies in the awarding entity. Additionally, the transaction does not fall under related party transactions and is not subject to arm’s-length review.

Read More: Best Defence Stocks In India In July 2025!

Premier Explosives Share Price Performance 

As of July 16, 2025, at 12:30 PM, Premier Explosives share price is trading at ₹546.80 per share, reflecting a surge of 2.49%.

Conclusion

This export order marks a strong milestone for Premier Explosives Limited, reinforcing its position in the global defence market. By securing a substantial international contract, the company continues to strengthen its strategic presence and capabilities in high-value defence manufacturing.

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