Premier Energies Limited — JV/Acquisition, 04-05-2026: Acquisition

Premier Energies Global Environment, a wholly-owned subsidiary, will acquire a minimum 26% equity stake in Hexa Energy BH Five Private Limited for INR 68.70 Crore. This strategic move targets securing captive power for the subsidiary's Solar PV Cell Manufacturing Project in Naidupeta, Andhra Pradesh. Hexa Energy specializes in renewable energy generation. This acquisition marks a crucial backward integration step, aiming to ensure a stable energy supply and optimize operational costs for Premier Energies' manufacturing facility.