ALPHA TRIBE

Premier Energies LimitedQIP/Rights/Pref., 26-07-2025: Allotment of Securities

26-07-2025 | 07:25 pm

Premier Energies Limited has allotted 2.22 crore new equity shares to its Employee Stock Option Plan (ESOP) Trust. These shares are for eligible employees at an exercise price of ₹21.29 each. This allotment brings in about ₹4.73 crore as fresh funds for the company. As a result, the company's total paid-up share capital has increased from ₹45.08 crore to ₹45.30 crore. This step expands the equity base and aligns employee incentives with long-term company growth.

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