By Debdeep Gupta | 17 Sep, 2025
Premier Explosives shares surges 7% on withdrawal of factory closure order by TGPCB
Premier Explosives share price rose 7 percent in the opening trade on September 17 following Telangana Pollution Control Board (TGPCB) revoked company's factory closure order.At 09:20am, Premier Explosives was quoting at Rs 585.60, up Rs 39.05, or 7.14 percent, on the BSE."Telangana Pollution Control Board (TGPCB) revoked the closure order (which was issued on account of an accident on April 29, 2...
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Arvind01 2025-05-19 13:42:48
The Board of Premier Energies has agreed to form a Joint Venture company with Nuevosol Energy Private Limited. The JV company, to be named as Premier Green Aluminium Private Limited, will carry on the business of foundry, and extrusion of aluminium frames for solar photovoltaic modules. As per the JV agreement, PEL will hold 80 per cent and Nuevosol will hold 20 per cent in the JV company.
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The Telangana Pollution Control Board in Hyderabad has issued closure orders to the company, directing an immediate halt to all industrial operations at its factory located in Yadadri-Bhuvanagiri, Telangana. The directive follows an accident that took place at the facility on April 29, 2025.
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The renewable energy company has secured orders worth Rs 1,460 crore for solar modules and cells from two large independent power producers and others.
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