Premier Energies Board Approves Q1 FY27 Unaudited Results, Plans ₹5,000 Cr Fundraise
Premier Energies Ltd announced that its Board of Directors, in a meeting held on August 06, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved the notice for the 31st Annual General Meeting (AGM) scheduled for September 21, 2026, where audited financial statements for FY26 and a proposal to raise up to ₹5,000 Crores through Qualified Institutional Placement (QIP) or other permissible modes will be presented. Additionally, the re-appointment of Mr. Surenderpal Singh Saluja as Chairman and Wholetime Director and Mr. Chiranjeev Singh Saluja as Managing Director for five years was approved, along with the appointment of S.S. Zanwar & Associates as Cost Auditors for FY27 and reconstitution of the Risk Management Committee.
Key Highlights
- Board approved unaudited Q1 FY27 financial results.
- Proposed fundraise of up to ₹5,000 Crores via QIP or other modes.
- AGM scheduled for September 21, 2026, to approve FY26 audited financials.
- Re-appointment of Chairman and Managing Director approved.
- Cost auditors appointed for FY27; Risk Management Committee reconstituted.
Price Impact
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