Premier Explosives submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the BSE and NSE on September 3, 2026. The filing discloses operational, environmental, and social performance metrics for the financial year ended March 31, 2026.

The company operates six plants across India, serving defence, space, and mining sectors. Defence and space products contributed 81.22% of total turnover, while bulk explosives accounted for 18.78%. Exports represented 13.31% of revenue.

Workforce and Safety

As of March 31, 2026, the entity employed 234 permanent employees and engaged 610 permanent workers. Women constituted 7.69% of permanent employees and 9.18% of permanent workers. The board included three female directors, representing 30% of the total.

Safety incidents recorded during FY26 include one fatality among employees and four among workers. The Lost Time Injury Frequency Rate (LTIFR) was 1.73 per million person-hours for employees and 3.27 for workers, compared to zero for employees and 0.34 for workers in FY25.

Environmental Metrics

Total energy consumption rose to 6,168.67 GJ in FY26 from 5,991.58 GJ in FY25. Renewable energy sources provided 741.71 GJ, while non-renewable sources accounted for 5,426.96 GJ. Scope 1 and Scope 2 greenhouse gas emissions totaled 1,032.57 metric tonnes of CO2 equivalent.

Water withdrawal increased to 26,524.48 kilolitres, primarily from groundwater. The company discharged 404.24 kilolitres of treated effluent to third-party treatment plants. Total waste generated reached 163.758 metric tonnes, a significant increase from 24.948 metric tonnes in the prior year.

Regulatory Compliance

The company paid an environmental compensation of ₹6.75 lakh to the Telangana State Pollution Control Board. This payment was a condition for revoking a closure order on its Katepally unit following an accident in April 2025. No appeals were preferred against this penalty.

What the Numbers Show

Waste generation intensity increased sharply in FY26. Total waste rose to 163.758 metric tonnes from 24.948 metric tonnes in FY25, driven largely by 138.940 metric tonnes of construction and demolition waste. This contrasts with FY25, where hazardous waste comprised the entirety of reported waste generation.

The Securities and Exchange Board of India has permitted the tendering period for the open offer by Premier Explosives to commence within 12 working days of receiving Competition Commission of India approval.

Apollo Micro Systems Limited seeks to acquire a 26% stake in the target company, involving up to 1,39,77,911 equity shares at ₹698 per share. The regulator’s letter, dated August 21, 2026, clarifies the timeline and payment obligations under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Timeline and Payment Terms

The open offer process is contingent on competition clearance. Once the Competition Commission of India grants approval, the tendering period must begin no later than 12 working days from that date. This structure ensures regulatory compliance while providing a defined window for public shareholders to respond to the acquisition proposal.

Payment to successful public shareholders who tender their equity shares will be made within 10 working days from the last date of the tendering period. The acquirer is required to pay interest at the rate of 10% per annum for any delay in payment beyond this specified timeframe. This interest obligation applies to all successful tenders, ensuring timely compensation for shareholders.

Acquisition Details

Apollo Micro Systems Limited aims to acquire up to 1,39,77,911 fully paid-up equity shares of face value ₹2 each. This represents 26.00% of the total equity share capital of Premier Explosives Limited. The offer price is fixed at ₹698 per equity share.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company secretary, K. Jhansi Laxmi Kalakota, signed the communication to the stock exchanges, enclosing the regulator’s letter for record purposes.