StockWatch
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Other Electrical Equipment
Board Meeting15 May 2026, 06:01 pm

Premier Energies: Auditor Re-appointment & ₹5000 Cr Fundraise

AI Summary

Premier Energies Ltd's board approved the re-appointment of Deloitte Haskins & Sells as statutory auditors, subject to shareholder approval at the upcoming AGM. The board also approved raising up to ₹5000 Crores through equity shares, non-convertible debentures, warrants, or other eligible securities via QIP or other permissible modes. Additionally, Mr. Hitesh Kumar Jain was appointed as Company Secretary and Compliance Officer, succeeding Mr. Ravella Sreeenivasa Rao.

Key Highlights

  • Deloitte Haskins & Sells re-appointed as statutory auditors, subject to shareholder approval.
  • Plans to raise up to ₹5000 Crores through various securities.
  • Hitesh Kumar Jain appointed as Company Secretary and Compliance Officer.
  • Ravella Sreeenivasa Rao resigned as Company Secretary and Compliance Officer.