Premier Energies will participate in a virtual seminar organized by Morgan Stanley on September 16, 2026. The event is part of the firm’s Virtual India Industrials & Energy Seminar.

The company disclosed the engagement pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Management will interact with institutional investors and analysts in a group setting via Zoom.

Meeting Details

The schedule remains subject to change based on exigencies involving the organizers, participants, or the company. Discussions will be limited to publicly available information. No unpublished price-sensitive information will be shared during the interaction.

Hitesh Kumar Jain, Company Secretary & Compliance Officer, issued the intimation on September 9, 2026.

The board of Premier Energies approved the incorporation of a wholly owned Singapore subsidiary and an intra-group shareholding reorganization on September 1, 2026. The moves aim to consolidate the company’s battery energy storage operations and expand its international footprint in the clean energy sector.

Singapore Subsidiary Incorporation

The company approved the creation of PE Horizon Pte. Ltd. in Singapore to engage in trading, management consulting, and ancillary activities within the clean energy industry, including related capital goods. The board authorized an Overseas Direct Investment of up to SGD 1,00,000 in one or more tranches. The initial investment will be SGD 10,000, comprising 10,000 ordinary shares of SGD 1 each, representing 100% of the proposed subsidiary’s share capital.

Intra-Group Restructuring

The board also approved a share swap to transfer the company’s entire stake in Premier Energies Storage Solutions Private Limited (PESSPL) to Premier Battery Technologies Private Limited (PBTPL). PBTPL, incorporated on July 15, 2026, is a wholly owned subsidiary focused on battery cells, materials, and energy storage systems. Following the transaction, PESSPL will become a step-down subsidiary of PBTPL.

The consideration for the transfer is entirely non-cash, discharged through the allotment of 8,50,579 equity shares of face value ₹10 each by PBTPL to the listed entity. The aggregate cost works out to ₹85,05,790, based on the net asset value of PESSPL as on August 31, 2026. The company will retain 100% ownership of PBTPL before and after the transaction, with no change in ultimate beneficial control.

The transaction was approved by the audit committee as a related party transaction under Regulation 23 of the SEBI LODR Regulations, based on fair value determined by a registered valuer. No promoter group other than the company holds an interest in PBTPL.