Premier Explosives Limited settles non-compliance fines imposed by BSE and NSE
Premier Explosives Limited announced that it has paid the penalties previously imposed by both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). The payment settled fines related to past non-compliance and delayed compliance issues with the exchanges.
The company completed the settlement on August 13, 2026, paying a total amount of Rs. 3,11,520, which included GST. These penalties were originally imposed by BSE and NSE concerning violations of Regulation 17(1A) of the SEBI Listing Regulations.
The fines relate to two specific periods as detailed below:
| Quarter Ended | Fine Amount (Including GST) | Imposing Entity |
|---|---|---|
| December 2024 | Rs. 1,06,200 | BSE and NSE |
| June 2021 | Rs. 2,05,320 | BSE and NSE |
The company confirmed that the fine amount related to the quarter ending in June 2021 was paid to NSE following the rejection of a waiver application regarding the penalty. The settlement ensures all outstanding penalties from both exchanges concerning these instances are cleared.
PREMEXPLN Stock Price Movement
Premier Explosives Limited shares today shed 0.54% after closing, settling at ₹651.9. The stock saw a trading volume of 424,986 shares during the post-market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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