Premier Energies Limited — JV/Acquisition, 19-06-2025: Acquisition

Premier Energies has increased its stake in associate Mavyatho Ventures by investing Rs. 10.5 Cr in optionally convertible preference shares, raising its holding from 30% to 36.7%. Mavyatho Ventures is in solar power generation, with a turnover around Rs. 1.97 Cr in FY25. This infusion supports Mavyatho’s capital needs to strengthen its solar projects, aligning with Premier Energies’ focus on renewable energy expansion. The investment deepens Premier’s exposure to the growing clean energy space, potentially enhancing future operational scale and returns.