NSEGeneral Updates1d ago · 17 Sept 2026, 08:20 pm

General Updates

Premier Energies Limited · PREMIERENE

✦ AI SummaryInsolvency

Premier Energies Limited has informed the Exchange about the winding-up of its step-down wholly owned subsidiary, IBD Solar Powertech (Pvt.) Ltd, with effect from 13th September, 2026.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Premier Energies Limited has informed the Exchange about winding-up of IBD Solar Powertech (Pvt.) Ltd

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PEL2024_17092026202033_SE_Intimation.pdf

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Ref. No: PEL 54/2026-27 Date: September 17, 2026 To To The Secretary The Manager, BSE Limited Listing Department Phiroze Jeejeebhoy Towers, National Stock Exchange of India Limited Dalal Street, Exchange Plaza, C-1, G Block, Bandra-Kurla Mumbai – 400001 Complex, Bandra (East), Mumbai – 400 051 Scrip Code: 544238 Trading Symbol: PREMIERENE Dear Sir/Madam, Sub: - Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This has reference to IBD Solar Powertech (Pvt.) Ltd (“IBD”), a step-down wholly owned subsidiary of the Company, incorporated in Bangladesh under the Companies Act, 1994, for operating and to carry on the business of solar power plant. IBD, had no revenue or commercial operations and had filed an application for voluntary winding-up by way of strike off of name on 10th October, 2023 with the Office of the Registrar of Joint Stock Companies and Firms, Bangladesh. This is to inform that on 16th September, 2026, IBD has received the winding-up certificate from the Office of the Registrar of Joint Stock Companies and Firms, Bangladesh, confirming the winding-up of IBD with effect from 13th September, 2026. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with the SEBI Master Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure A. This is for your information and records. Thanking you, Yours truly, For Premier Energies Limited Hitesh Kumar Jain Company Secretary & Compliance Officer Annexure A Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 Particulars Details a) The amount and percentage of the turnover As on March 31, 2026: or revenue or income and net worth Revenue from operations (in ₹): Nil contributed by such unit or division or Percentage: NIL undertaking or subsidiary or associate company of the listed entity during the last financial year; Net Worth: (₹2.09 lakh) Percentage: Nil b) Date on which the agreement for sale has Not Applicable been entered into; c) The expected date of completion of Not Applicable sale/disposal; d) Consideration received from such Not Applicable sale/disposal; e) Brief details of buyers and whether any of the Not Applicable buyers belong to the promoter/ promoter group/group companies. If yes, details thereof; f) Whether the transaction would fall within Not Applicable related party transactions? If yes, whether the same is done at “arm’s length”; g) Whether the sale, lease or disposal of the Not Applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. h) Additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.