Premier Explosives: Promoters Boost Stake to 30.48% in HUF Partition Deal

Premier Explosives Limited , a key player in the explosives industry, has announced a significant change in its shareholding structure. The company disclosed a transfer of 32,83,485 equity shares from Amarnath Gupta HUF to Mr. Amarnath Gupta jointly with Mrs. Kailash Gupta, both promoters of the company.

Transaction Details

The share transfer, which took place on October 17, 2025, was executed as part of a Hindu Undivided Family (HUF) partition. This move represents 6.11% of Premier Explosives' total share capital.

Impact on Promoter Holding

Following this transaction, the combined shareholding of Mr. Amarnath Gupta and Mrs. Kailash Gupta has seen a notable increase:

Shareholder(s)	Pre-Transfer Holding	Post-Transfer Holding
Mr. Amarnath Gupta jointly with Mrs. Kailash Gupta	24.37%	30.48%
Amarnath Gupta HUF	6.11%	0.00%

Company Overview

Premier Explosives operates with a total equity share capital of INR 10,75,22,390, comprising 5,37,61,195 equity shares, each with a face value of INR 2.

Regulatory Compliance

In compliance with regulatory requirements, Premier Explosives has submitted the necessary disclosures under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has also filed a report under Regulation 10(6) of the same regulations, citing the exemption under Regulation 10(1)(a)(ii) for this inter-se transfer among promoters.

This share transfer, while significant in terms of promoter holding, does not involve any change in the company's total outstanding shares or its management control. It represents an internal redistribution of shares among the promoter group, aligning with the partition of the Amarnath Gupta HUF.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.25%	-3.94%	-7.10%	-2.34%	+31.85%	+1,968.94%

Premier Explosives Limited , a key player in the explosives industry, has reported a significant change in its promoter shareholding structure. The company disclosed an inter-se transfer of equity shares between promoter entities, resulting in an increased shareholding for two of its key promoters.

Details of the Transfer

The transfer involved the following key points:

Acquirers: Dr. Amarnath Gupta and Dr. Kailash Gupta (joint holders)
Transferor: Amarnath Gupta HUF
Number of Shares Transferred: 32,83,485 equity shares
Mode of Transfer: Off-market transaction
Reason for Transfer: Partition of the Amarnath Gupta HUF

Impact on Shareholding

The inter-se transfer has led to a significant change in the promoters' individual shareholding:

Particulars	Before Transfer	After Transfer
Shares Held	1,31,00,915	1,63,84,400
Percentage	24.37%	30.48%

Key Points to Note

The total equity share capital of Premier Explosives Limited remains unchanged at INR 10,75,22,390, consisting of 5,37,61,195 equity shares with a face value of INR 2 each.
Despite the individual increase in shareholding for Dr. Amarnath Gupta and Dr. Kailash Gupta, the aggregate shareholding of the promoter group remains unaltered. This is because the transfer occurred between promoter entities.
The company has duly informed the stock exchanges about this change in shareholding structure, in compliance with SEBI regulations.

This inter-se transfer among promoters indicates a restructuring within the promoter group of Premier Explosives Limited. While it doesn't affect the overall promoter group holding, it does consolidate a larger portion of shares under the direct ownership of Dr. Amarnath Gupta and Dr. Kailash Gupta. Investors and market watchers may want to take note of this change in the company's ownership structure.