StockWatch
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Other Electrical Equipment
Dividend4 Nov 2026, 07:03 pm

Premier Energies declares interim dividend of ₹0.50 per share

AI Summary

Premier Energies Ltd announced an interim dividend of ₹0.50 per equity share (50% of face value) for FY 2026-27. The record date for this dividend is November 11, 2026, with payment expected by December 3, 2026. The company's Board of Directors also approved the unaudited financial results for the quarter and half-year ended September 30, 2026. Additionally, the Board noted the approval by its wholly-owned subsidiary, Premier Energies Global Environment Private Limited (PEGEPL), for a ₹5,947 crore budget to establish a 10 GW Ingot and Wafer Manufacturing Facility in Naidupeta, Andhra Pradesh. Phase I of this project, with a 5 GW capacity, is slated for completion by December 31, 2027.

Key Highlights

  • Interim dividend of ₹0.50 per share declared for FY 2026-27.
  • Record date set for November 11, 2026; payment by December 3, 2026.
  • Unaudited financial results for Q2 and H1 FY27 approved.
  • Subsidiary to set up 10 GW Ingot and Wafer facility at ₹5,947 crore.
  • Phase I of new facility targeted for completion by December 31, 2027.