Premier explosives Limited has fulfilled its regulatory obligations by submitting the mandatory compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The company filed this certificate with both major stock exchanges where its shares are traded.

Regulatory Compliance Filing

The compliance certificate was submitted to BSE Limited and The National Stock Exchange of India Limited on April 10, 2026. Company Secretary K. Jhansi Laxmi signed and submitted the documentation, ensuring adherence to the Securities and Exchange Board of India's regulatory requirements.

Certificate Validation by Registrar

KFin Technologies Limited, serving as the Registrar and Share Transfer Agent for Premier Explosives Limited, issued the compliance certificates on April 1, 2026. Praveen Chaturvedi, Senior Vice President at KFin Technologies, signed the certificates confirming regulatory compliance.

The registrar certified that all details of securities dematerialized and rematerialized during the quarter ended March 31, 2026, have been properly furnished to stock exchanges. This certification covers transactions processed through both Central Depository Services (India) Limited and National Securities Depository Limited.

SEBI Regulation 74(5) Requirements

Under SEBI (Depositories and Participants) Regulations 2018, companies must ensure proper reporting of dematerialization and rematerialization activities. This regulation mandates that registrar and transfer agents provide detailed information about securities transactions to relevant stock exchanges.

The filing demonstrates Premier Explosives Limited's commitment to maintaining transparency in its share transfer operations and ensuring compliance with securities market regulations. The company continues to work with KFin Technologies Limited to manage its investor relations and regulatory reporting requirements effectively.

Premier Explosives Limited has filed a comprehensive compliance report with SEBI regarding the settlement of 2,22,21,735 equity shares representing 41.33% stake to AKS Family Trust. The detailed regulatory filing provides complete documentation of the transaction executed under SEBI exemption order pursuant to Regulation 11(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

SEBI Compliance Documentation

The company submitted extensive regulatory documentation to SEBI, BSE Limited, and National Stock Exchange of India Limited on February 25, 2026. The filing includes the mandatory report under Regulation 10(7) format along with supporting annexures:

Settlement Transaction Structure

The share settlement involved transfer of equity shares from individual promoters to AKS Family Trust through a structured family reorganization:

SEBI Exemption Order Details

SEBI granted exemption under Regulation 11(5) through order WTM/KCV/CFD/18/2025-26 dated January 08, 2026, issued by Whole Time Member Kamlesh Chandra Varshney. The exemption was granted for internal family reorganization with specific conditions:

Trust Structure and Governance

AKS Family Trust operates as an irrevocable, discretionary private trust established under Indian Trusts Act, 1882, with registered trust deed dated September 29, 2025:

Regulatory Disclosures and Compliance

The company filed mandatory disclosures under Regulation 29(1) and 29(2) with stock exchanges, confirming no change in total promoter group shareholding. The transaction maintains compliance with minimum public shareholding requirements and listing regulations:

The comprehensive filing demonstrates Premier Explosives' adherence to regulatory requirements while executing the internal family reorganization, ensuring transparency and compliance with SEBI takeover regulations throughout the settlement process.