SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Premier Energies’ arm gets nod to acquire 26% equity stake in Hexa Energy BH Five

05 May 2026 Evaluate

Premier Energies’ wholly owned subsidiary -- Premier Energies Global Environment has received an approval and entered into a Share Subscription and Shareholders’ Agreement (SSSHA) with the intention to acquire a minimum 26% equity stake aggregating to Rs 68.70 crore in Hexa Energy BH Five (SPV), a company engaged in the generation and transmission of renewable energy, in one or more tranches. The board of directors of Premier Energies Global Environment, at its meeting held on May 04, 2026 has approved the same.

The proposed acquisition is intended to meet the energy requirements for captive power consumption of the subsidiary’s Solar PV Cell Manufacturing Project at its manufacturing facility located in Naidupeta, Andhra Pradesh. Subject to satisfactory completion of the conditions precedent and closing conditions, as set out in agreement, the indicative timeline for the completion of the Proposed Transaction is 16 months from the date execution of the agreement.

Premier Energies manufactures integrated solar cell and solar panel.

Premier Energies Share Price

1022.00 -10.15 (-0.98%)
07-May-2026 12:53 View Price Chart
Peers
Company Name CMP
Redington 224.00
Adani Enterprises 2520.50
Amrapali Industries 18.38
Rashi Peripheral 515.00
PDS 300.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×