Premier Explosives Limited has announced receipt of a significant purchase order from an international client for the supply of rocket motors worth USD 1.928 million (approximately ₹17.68 crore). The order, to be executed within 12 months, underscores the company’s growing global footprint and strengthens its position in the defense and aerospace sector.
Premier Explosives Limited, a leading player in the defense and aerospace industry, has secured a major international contract. The company confirmed receipt of a purchase order valued at USD 1.928 million (₹17.68 crore approx.) for the supply of rocket motors. The order is scheduled to be executed within a 12-month timeframe.
This development highlights Premier Explosives’ expanding global presence and its ability to deliver specialized defense-grade products to international clients. The company emphasized that the order does not involve related party transactions and is awarded at arm’s length, ensuring transparency and compliance with SEBI regulations.
Key Highlights:
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Purchase order received from an international entity.
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Contract value: USD 1.928 million (₹17.68 crore approx.).
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Nature of order: Supply of rocket motors.
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Execution timeline: 12 months.
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No promoter or related party interest involved.
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Disclosure made under SEBI Regulation 30 requirements.
This order reinforces Premier Explosives’ strategic role in supporting defense and aerospace innovation, while boosting investor confidence in its international growth trajectory.
Sources: Premier Explosives Limited (BSE filing, NSE filing)