Premier Energies Limited — JV/Acquisition, 03-04-2026: Acquisition

Premier Energies Limited has completed the final tranche of its strategic acquisition of Transcon Ind Limited, paying approximately 250.31 Cr. This transaction secures a 51% equity stake in Transcon Ind, officially making it a subsidiary. As a result, Neotrafo Solutions India Private Limited becomes a step-down subsidiary of Premier Energies. This move marks a strategic expansion, integrating Transcon Ind and its operations into the company's structure.