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Premier Explosives Announces Promoter Share Transfer

Story Highlights
  • Premier Explosives operates in the explosives industry, focusing on defense and space sectors.
  • The company announced a promoter share transfer, maintaining stable ownership structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Premier Explosives Announces Promoter Share Transfer

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Premier Explosives Limited ( (IN:PREMEXPLN) ) just unveiled an announcement.

Premier Explosives Limited announced an inter-se transfer of shares among its promoters due to the partition of Amarnath Gupta HUF. This transaction, involving the transfer of 32,83,485 equity shares to Mr. Amarnath Gupta and Mrs. Kailash Gupta, does not alter the overall shareholding of the promoter group, maintaining stability in the company’s ownership structure.

More about Premier Explosives Limited

Premier Explosives Limited operates in the explosives industry, focusing on the production and supply of explosives and related products. The company is involved in the defense and space sectors, providing specialized services and products for these markets.

Average Trading Volume: 97,454

Technical Sentiment Signal: Buy

Current Market Cap: 32.98B INR

For a thorough assessment of PREMEXPLN stock, go to TipRanks’ Stock Analysis page.

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