As of March 2024, Chirag Dilipkumar Lakhi – son of Dilipkumar Lakhi owns a 1.79 per cent stake and Atim Kabra owns a 1.78 per cent stake in the company. Premier Explosives Limited is engaged in the manufacturing of industrial explosives and detonators. It also undertakes operation and maintenance (O&M) services of solid propellant plants at the Srihari Kota Centre of ISRO.
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