StockWatch
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Explosives
Shareholding4 Nov 2026, 03:46 pm

Premier Explosives: Rajasthan Global Securities Sells 4.08% Stake

AI Summary

Rajasthan Global Securities Private Limited (RGSPL) has sold 26,53,831 equity shares of Premier Explosives Ltd, representing 4.08% of the total share capital. This sale reduces RGSPL's holding from 5.90% (26,97,566 shares) to 0.08% (43,735 shares). The transaction occurred on November 3, 2026, via open market sales and tender in an open offer. The total value of the sale was not explicitly stated in the filing, but the reduction in percentage indicates a significant divestment by RGSPL.

Key Highlights

  • Rajasthan Global Securities sold 4.08% stake in Premier Explosives.
  • Holding reduced from 5.90% to 0.08% post-sale.
  • Transaction involved sale of 26,53,831 equity shares.
  • Sale occurred on November 3, 2026.
  • Transaction was via open market and open offer.