Premier Energies has issued an official clarification to stock exchanges regarding recent news reports about US tariff impacts on solar stocks. The company submitted a detailed response under Regulation 30 of SEBI LODR Regulations, addressing market speculation and confirming its operational status.

Official Exchange Communication

In its communication to BSE Limited and National Stock Exchange of India Limited, Premier Energies clarified its position on news reports suggesting tariff-related impacts. The company addressed three key areas of regulatory inquiry through formal disclosure requirements.

Compliance and Disclosure Status

The company confirmed it is not engaged in any undisclosed negotiations or events with US authorities regarding tariff measures. Premier Energies stated that all material events requiring disclosure under Regulation 30 of SEBI LODR Regulations are promptly communicated to stock exchanges in accordance with applicable laws.

Market Impact Assessment

Premier Energies characterized the news article as relating to general industry-wide developments concerning proposed US tariff measures impacting the solar sector. The company noted that share price movements appear to be market-driven based on general industry sentiment rather than company-specific factors.

Business Operations Continuity

The company maintains its domestic-focused business model with minimal international exposure. Premier Energies reports that exports contribute less than 1% of total revenue, indicating strong domestic market focus. This positioning continues to provide insulation from international trade policy changes, with the company stating no material adverse impact expected on operations or financial position from the referenced developments.

Premier energies Limited has announced the formation of a strategic joint venture with BA Prerna Renewables Private Limited, marking a significant expansion into the Engineering, Procurement and Construction (EPC) segment of the renewable energy sector. The announcement was made through a regulatory filing under Regulation 30 of SEBI regulations on February 10, 2026.

Joint Venture Structure and Ownership

The strategic partnership will be executed through HeliosAnthos Energies Private Limited, a newly incorporated company established specifically for this venture. The ownership structure reflects Premier Energies' controlling interest in the partnership.

Business Scope and Operations

HeliosAnthos Energies Private Limited will focus on comprehensive EPC solutions across multiple renewable energy segments. The joint venture plans to undertake contracts for solar, wind, standalone battery solar-wind-battery hybrid projects throughout India.

The company will offer end-to-end EPC solutions encompassing:

• Land acquisition services
• Transmission connectivity solutions
• Statutory approvals management
• Detailed engineering services
• Procurement operations
• Installation and commissioning

Strategic Rationale

The formation of this joint venture aligns with Premier Energies' broader strategy to deepen its downstream capabilities and complement its existing integrated manufacturing strengths. The partnership is designed to expand the company's business share across the renewable energy value chain.

Mr. Chiranjeev Saluja, Managing Director & CEO of Premier Energies Limited, emphasized the strategic importance of the partnership: "This JV would strengthen our EPC capabilities and expand our footprint across the renewable energy sector. As the renewable energy market evolves, integrated solutions combining manufacturing excellence with execution capabilities will become more critical."

Partner Expertise

BA Prerna Renewables brings specialized expertise in critical areas of renewable energy infrastructure development. According to the company's leadership, BA Prerna offers particular strengths in securing land and transmission connectivity, which are essential requirements for solar and storage-led energy infrastructure development in India.

Company Background

Premier Energies Limited operates as a publicly listed company and ranks among India's largest integrated solar manufacturers. The company brings over three decades of experience in the solar industry to the joint venture. Premier Energies has established recognition for its emphasis on technology innovation, sustainability, and operational excellence, and has maintained certification as a Great Place to Work® for five consecutive years.