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Premier Explosives to resume operations at Telangana plant after TSPCB revokes closure order

Premier Explosives to resume operations at Telangana plant after TSPCB revokes closure order

Business Upturn2 days ago

Premier Explosives Ltd has announced that the Telangana Pollution Control Board (TSPCB) has issued an order dated June 2, 2025, revoking the earlier closure order of the company's factory located at Katepally Village, Motakondur Mandal, Yadadri-Bhuvanagiri District, Telangana.
The closure order was initially issued on May 7, 2025. As per the new revocation order, the company is permitted to resume operations at the facility for a period of three months, subject to compliance with conditions outlined in the TSPCB's order.
Premier Explosives stated that it has paid an environmental compensation of ₹6,75,000 as required. The company confirmed it will adhere to all compliance requirements as stipulated by the board and resume production at the facility promptly.
This update follows the company's earlier disclosure dated May 12, 2025, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
In the meantime, Premier Explosives shares opened today at ₹574.00, reaching a high of ₹590.00 and a low of ₹565.05 during the trading session. The stock continues to show volatility amid market movements. Over the past year, Premier Explosives recorded a 52-week high of ₹908.80 and a low of ₹309.15
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com

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