StockWatch
·
Other Electrical Equipment
Board Meeting4 Nov 2026, 06:33 pm

Premier Energies Board Approves Unaudited Results, Declares Interim Dividend

AI Summary

Premier Energies Ltd announced the outcome of its Board Meeting held on November 04, 2026. The Board approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026. Additionally, an interim dividend of ₹0.50 per equity share was declared for FY2026-27, with November 11, 2026, set as the record date. The Board also noted the approval of a ₹5,947 crore budget by its wholly-owned subsidiary, Premier Energies Global Environment Private Limited, for a 10 GW Ingot and Wafer Manufacturing Facility in Andhra Pradesh, with Phase I (5 GW) expected by December 31, 2027.

Key Highlights

  • Board approved unaudited financial results for Q2 FY27.
  • Interim dividend of ₹0.50 per share declared for FY27.
  • Record date for dividend set as November 11, 2026.
  • Subsidiary approved ₹5,947 crore for 10 GW manufacturing facility.
  • Phase I of the facility expected by December 31, 2027.