Premier Energies has informed that the Finance Committee of the Board of Directors, in its meeting held on October 22, 2024 (concluded at 5:10 pm), has approved the issuance of a corporate guarantees in favor of the working capital bankers of its subsidiary companies. These guarantees were issued to secure renewed or fresh working capital facilities to be availed by its subsidiary companies. The details required under Regulation 30 of SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, are enclosed as Annexure.
The above information is a part of company’s filings submitted to BSE.
