Premier Explosives

Some notes from the AGM:

  1. Management has a policy of not giving future guidance.
  2. The management hopes for a bright future (3-5 years) as they have ventured into ammunition, exports, etc.
  3. The order book of 1108 cr. has to be executed in 15-18 months.
  4. They are constantly participating in tenders.
  5. Chandrayaan side rockets were made by the company’s engineers in Shri Hari Kota.
  6. The board team had no young faces.
  7. They believe the current quarterly results can continue.

I missed a lot of points because of background noise. If others have joined then do share your notes.

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