Premier Energies Merger & Restructuring
Premier Energies Limited announced the voluntary winding-up of its step-down subsidiary, IBD Solar Powertech (Pvt.) Ltd, effective September 13, 2026.
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Premier Energies Limited announced the voluntary winding-up of its step-down subsidiary, IBD Solar Powertech (Pvt.) Ltd, effective September 13, 2026.
Premier Energies' subsidiary signed a binding term sheet to form a BESS manufacturing joint venture with RCT Energy India for a 12 GWh capacity plant.
Premier Energies' board approved incorporating a Singapore subsidiary and an intra-group share reorganization. The restructuring transfers its PESSPL stake to PBTPL via share swap.
Premier Energies incorporated a wholly owned subsidiary, Premier Battery Technologies Private Limited, with a Rs. 0.05 Crore subscription. The unit focuses on battery energy storage systems.