Premier Energies Ltd

Premier Energies Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with the company's code of conduct for regulating trading by insiders. The window will be shut from October 1, 2026, until 48 hours after the declaration of the company's financial results for the quarter ending September 30, 2026. This measure is standard practice to prevent potential insider trading before the official announcement of financial performance.

Premier Energies Limited has announced the incorporation of its wholly owned subsidiary, PE Horizon Pte. Ltd., in Singapore on September 23, 2026. The subsidiary will engage in trading, management consulting, and ancillary activities within the clean energy industry, including related capital goods. The incorporation was approved by Singapore's Accounting and Corporate Regulatory Authority (ACRA). Premier Energies holds 100% of the initial share capital, which amounts to 10,000 Ordinary Shares of SGD 1 each, subscribed at SGD 1.00 per share.

The Chairman's address at Premier Energies' 31st AGM highlighted India's energy transition, with non-fossil sources exceeding 50% of installed power capacity by June 2025. Solar capacity reached 150.3 GW by March 2026. Premier Energies reported significant financial growth for FY26: revenue from operations increased 20.7% to ₹7,824 crore, EBITDA rose 35% to ₹2,579 crore, and PAT grew 61% to ₹1,510 crore. The company declared a total dividend of ₹1.00 per share. Strategically, Premier Energies is expanding its backward integration into ingots and wafers with a 10 GW facility at Naidupeta, aiming to be a fully integrated solar module manufacturer. It is also diversifying into a 12 GWh battery energy storage business in partnership with RCT Solutions Germany and strengthening its transformer business, Transcon Ind, to become an integrated clean-energy technology platform. The company also emphasized its ESG commitments, with women comprising over 30% of its workforce and significant CSR spending.

Premier Energies Ltd has commissioned its 7 GW N-type TOPCon G12R solar cell manufacturing facility in Naidupeta, Andhra Pradesh, bringing its total solar cell capacity to 10.6 GW and establishing it as India's largest cell manufacturer. The facility, spread across 101 acres with a capital expenditure of ₹3,293 crore, is designed for high-throughput manufacturing, producing approximately 88,000 solar cells per hour. This expansion strengthens the company's integrated solar manufacturing platform, supports India's clean energy transition, and enhances its ability to meet growing domestic and international demand for high-efficiency solar products. The plant is future-ready for TOPCon+ upgrades and incorporates a Zero Liquid Discharge system for sustainable operations.

Premier Energies Ltd has announced the winding-up of its step-down wholly owned subsidiary, IBD Solar Powertech (Pvt.) Ltd, incorporated in Bangladesh. IBD had no revenue or commercial operations and had filed for voluntary winding-up by strike-off on October 10, 2023. The winding-up certificate was received on September 16, 2026, confirming the closure effective September 13, 2026. As of March 31, 2026, IBD reported nil revenue and a net worth of approximately ₹2.09 lakh.

Premier Energies Limited and RCT India, part of RCT Group Germany, have signed a binding term sheet to establish a 12 GWh Battery Energy Storage System (BESS) manufacturing facility in Telangana. The venture, to be operated through Premier Energies' subsidiary Premier Battery Technologies Pvt. Ltd., will initially focus on 6 GWh capacity. This strategic move expands Premier Energies' clean-energy portfolio beyond solar manufacturing and aims to cater to the growing demand for energy storage in India and global markets. The facility is envisioned as an export-oriented platform, leveraging Premier Energies' manufacturing expertise and RCT's global energy sector experience. This partnership is expected to bolster India's domestic BESS manufacturing capabilities and support the nation's renewable energy goals.

Premier Energies Limited announced that its wholly-owned subsidiary, Premier Battery Technologies Private Limited (PBTPL), has entered into a binding Term Sheet with RCT Energy India Private Limited (RCT India) to establish Premier Energies Storage Solutions Private Limited (PESSPL). This strategic joint venture will set up a 12 GWh Battery Energy Storage System (BESS) manufacturing facility, with an initial phase of a 6 GWh plant in Telangana, expected by FY 27-28. The JV aims to cater to commercial, industrial, and utility-scale BESS applications. PBTPL will hold an 85% stake, with an option for RCT India to increase its 15% stake to 20%.

Premier Energies Ltd announced an intra-group shareholding reorganization approved by its Board of Directors on September 01, 2026. The company will incorporate a wholly-owned subsidiary in Singapore, 'PE Horizon Pte. Ltd.', for clean energy trading and consulting, with an initial investment of SGD 10,000. Additionally, Premier Energies will transfer its entire shareholding in Premier Energies Storage Solutions Private Limited (PESSPL) to another wholly-owned subsidiary, Premier Battery Technologies Private Limited (PBTPL), via a share swap. PESSPL will become a step-down subsidiary of Premier Energies, with no change in ultimate control. This move aims to consolidate battery and energy storage businesses under PBTPL and simplify the corporate structure.

Premier Energies Ltd announced board approval for the incorporation of a wholly-owned subsidiary in Singapore, 'PE Horizon Pte. Ltd.', to engage in clean energy trading and consulting. The company will invest up to SGD 1,00,000. Additionally, Premier Energies approved an intra-group shareholding reorganization where its stake in Premier Energies Storage Solutions Private Limited (PESSPL) will be transferred to Premier Battery Technologies Private Limited (PBTPL) via a share swap. PBTPL will issue equity shares to Premier Energies, making PESSPL a step-down subsidiary of Premier Energies. This move aims to consolidate battery and energy storage businesses under PBTPL.

Premier Energies Ltd has announced the convening of its 31st Annual General Meeting (AGM) for the financial year 2025-26. In compliance with SEBI Listing Regulations, the company is dispatching the Annual Report and the AGM Notice electronically to shareholders whose email addresses are registered. For shareholders with un-registered email addresses, a letter with web-links to these documents is also being sent. Both the AGM Notice and the Annual Report are accessible on the company's website, providing comprehensive details on the company's performance, strategic direction, ESG framework, and financial statements for the fiscal year.