Premier Energies has notified the stock exchanges of an upcoming Board of Directors meeting scheduled for Friday, May 15, 2026. The intimation has been filed pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The board meeting has been convened to consider and approve the standalone and consolidated audited financial results of the company for the quarter and year ended March 31, 2026. The key details of the scheduled meeting are outlined below:

Trading Window Closure

In accordance with the company's Insider Trading Code under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, Premier Energies has also communicated the applicable trading window restrictions. The trading window for dealing in the securities of the company will remain closed for the following categories of individuals:

• Directors
• Key Managerial Persons
• Designated Persons
• Immediate Relatives of the above, as prescribed under Schedule B of the regulations

The trading window closure period runs from April 01, 2026, and will continue until 48 hours after the declaration of the audited financial results for the quarter and year ended March 31, 2026.

Company Information

The formal intimation was signed by Ravella Sreenivasa Rao, Company Secretary & Compliance Officer of Premier Energies, and dated May 07, 2026. The company's corporate office is located at 8th Floor, Orbit Tower 1, 83/1 Hyderabad Knowledge City, TSIIC Raidurgam, Hyderabad 500081, Telangana, India, while its registered office is situated at 8/B/1 & 2, E-City (Fab City), Maheshwaram Mandal, Raviryala Village, Ranga Reddy District 501359, Telangana, India.

Premier Energies Limited announced that its Board of Directors, at a meeting held on May 4, 2026, approved a second interim dividend of ₹0.75 per equity share (75%) for the financial year 2025-26. The record date for determining the eligibility of shareholders entitled to receive this dividend has been set as Saturday, May 9, 2026, based on names appearing in the Register of Members. The company had previously declared and paid a first interim dividend of ₹0.25 per equity share (25%) for the same financial year during the year ended March 31, 2026.

Dividend Payment and Shareholder Requirements

The interim dividend will be disbursed to shareholders through electronic mode, based on updated bank mandates registered in their demat accounts. Shareholders whose bank mandates are not updated will receive payment only after the relevant bank details are duly updated with their respective depository. Shareholders are requested to ensure their Permanent Account Number (PAN) is updated with the Company or KFin Technologies Limited (KFintech), the Registrar and Share Transfer Agent (RTA), on or before May 9, 2026.

The key details of the dividend declaration are summarised below:

TDS Provisions Applicable to Dividend Income

In accordance with the provisions of the Income-tax Act, 2025, as amended by the Finance Act, 2026, effective April 1, 2026, dividend declared and paid by the company is taxable in the hands of shareholders. Accordingly, Premier Energies is required to deduct tax at source (TDS) from the interim dividend at prescribed rates. The applicable TDS rate varies depending on the residential status of the shareholder and applicable exemptions, subject to fulfilment of documentary requirements.

No TDS shall be deducted on dividend payable to resident individuals if the total dividend to be received during financial year 2026-27 does not exceed ₹10,000. If any further dividend is distributed during financial year 2026-27 and the total dividend received by a resident individual shareholder exceeds ₹10,000, applicable TDS will be deducted on the gross amount of dividend, including past interim dividends.

TDS Rates by Shareholder Category

The following tables outline the applicable TDS rates for resident and non-resident shareholders:

Resident Shareholders

Non-Resident Shareholders

Document Submission Deadline

Shareholders seeking lower or nil TDS deduction are required to submit the relevant supporting documents to the RTA at einward.ris@kfintech.com on or before May 9, 2026. Any document received for lower tax deduction or no tax deduction after May 9, 2026 will not be considered. Shareholders may submit Form 121 (for nil TDS under applicable conditions) and Form 41 (for non-residents claiming DTAA benefits) through the KFintech portal. The company will verify PAN status from the Income Tax Department's online functionality and deduct TDS accordingly.