Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Premier Energies has informed that the Board of Directors the Company at its meeting held on 23 October 2025, has approved the acquisition ‘KSOLARE ENERGY’ (‘Target Company’) representing 51% of the issued and paid-up Equity share capital of the Target Company. Post-acquisition, the Target Company shall become a Subsidiary of the Company. Additionally, 49% stake will be with co-acquired by Syrma SGS Technologies. Details of the Acquisition: The Company has entered into the following agreements on 23 October 2025: 1. Share Purchase Agreements (SPA) to acquire equity shares constituting 51%. 2. Shareholders’ Agreement (SHA) to govern the rights and obligations of the shareholders under the joint venture. The disclosure as required under Schedule III Part A of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is attached as Annexure A &B.
The above information is a part of company’s filings submitted to BSE.
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