Premier Energies' material subsidiary is acquiring a minimum 26% stake in Hexa Energy BH Five Private Limited for ₹68.70 Crore. The investment aims to secure captive renewable energy for a solar cell manufacturing project in Andhra Pradesh. The transaction is expected to conclude within 16 months.
Premier Energies' subsidiary will invest ₹68.70 Crore to acquire a 26% stake in Hexa Energy BH Five Private Limited. The investment secures renewable energy for captive consumption at its Andhra Pradesh manufacturing facility. The transaction is expected to conclude within 16 months.
Premier Energies Limited has successfully completed the acquisition of a 51% stake in Transcon Ind Limited. The transaction, initially announced in October 2025, makes Transcon a subsidiary. This strategic move strengthens Premier's market position through majority ownership of the target company.
Premier Energies Limited completed the final tranche acquisition of Transcon Ind Limited for ₹250.31 Crore. Consequently, Transcon Ind Limited and its subsidiary, Neotrafo Solutions India, have become a subsidiary and step-down subsidiary of the company, respectively, with Premier Energies now holding a 51% stake.
