Premier Energies has secured orders aggregating ₹3,011 crore in Q1 FY2027 for the supply of solar cells and modules aggregating 1,846 MW. The orders, received from a mix of leading power producers, module manufacturers, EPC companies and other customers, are scheduled for delivery across FY2027 and FY2028. This development reflects strong confidence in the company's manufacturing capabilities, product quality and execution track record.

Order Details at a Glance

The following table summarises the key parameters of the orders secured during Q1 FY2027:

Capacity Expansion and Strategy

The strong order inflow supports Premier Energies' growth strategy as the company undertakes significant expansion of its manufacturing capacities. The module manufacturing capacity was recently enhanced from 5.5 to 11.1 GW, while solar cell manufacturing capacity is expected to grow from 3.6 GW to 10.6 GW by September 2026.

Commenting on the development, Mr. Chiranjeev Saluja, Managing Director, Premier Energies, said: "Premier Energies is embarking on a high-growth strategy supported by booming solar demand and the Indian government's policy commitment to Make-in-India. Timely implementation of ALMM-2 policy, as recently announced, for domestic manufacturing of solar cells is a critical enabler of business growth. These new orders reflect the leadership position built by Premier Energies with investments in new technologies, scale and product quality."

Premier Energies Limited has secured shareholder approval for three material related party transactions following the conclusion of a remote e-voting process on July 06, 2026. The resolutions were passed with the requisite majority, receiving 99.99% of the total valid votes cast. The approvals authorize specific transactions involving the company and its subsidiaries, including Premier Energies International Private Limited, Premier Energies Global Environment Private Limited, and Premier Energies Photovoltaic Private Limited.

The postal ballot process was conducted in accordance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Sections 108 and 110 of the Companies Act, 2013. Mohit Gurjar, Partner of M/s. P. S. Rao & Associates, Practicing Company Secretaries, served as the Scrutinizer for the process. The e-voting facility was provided by KFin Technologies Limited, with the voting period commencing on June 07, 2026, and ending on July 06, 2026.

A total of 124,844,789 votes were polled across all three resolutions, representing 27.56% of the total outstanding shares. The public institutional shareholders participated actively, casting 123,927,305 votes, while public non-institutional shareholders cast 917,484 votes. Promoters and the promoter group did not participate in the voting process for any of the resolutions.

The detailed voting results for the three ordinary resolutions are summarised below:

The record date for determining the eligibility of shareholders to vote was May 29, 2026. The notices for the postal ballot were dispatched to shareholders via email on June 06, 2026, and public notices were published in the Financial Express and Nava Telangana on June 07, 2026. The scrutinizer confirmed that the votes were unblocked in the presence of two witnesses not employed by the company.