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Premier Explosives Ltd. - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

| Updated on July 10, 2019 Published on July 10, 2019

This is to inform you that we have received an order from Bharat Dynamics Limited (BDL) for supply of solid propellants for Medium Range Surface to Air Missile (MRSAM) for a value of Rs.14.99 crores (including GST) to be executed within a period of 14 months.This is not a material supply order.

MRSAM (along with LRSAM, QRSAM, etc.) has been developed jointly by Israel Aerospace Industries, Israel and DRDO, India. Our company has been associated with the project since inception and supplied solid propellants to DRDO during the development phase. Now this missile is being inducted by Indian Army with integration being done by BDL. The order we received now is the first one from BDL upon induction of the missile. Currently our company is the sole supplier of solid propellant for this missile

This is for your kind information and record.

Pdf Link: Premier Explosives Ltd. - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Source : BSE - www.bseindia.com

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Published on July 10, 2019
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