Outcome of Board Meeting

Ref. No: PEL 26/2026-27 Date: July 02, 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: - Outcome of the Board Meeting - Incorporation of a Wholly Owned Subsidiary Company Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held on July 02, 2026, has approved to incorporate a wholly owned subsidiary in the name as may be approved and made available by the Central Registration Centre, Ministry of Corporate Affairs, Government of India, with Authorised Share Capital of Rs. 10,00,000/- (Rupees Ten Lakh only), divided into 1,00,000 (One Lakh) Equity Shares of Rs. 10/- (Rupees Ten only) each, to carry on the business activities into the Battery Energy Storage System, Battery Cell, Battery Material and related electronics, hardware and software business segments. Further, the Board has given its approval to subscribe 50,000 (Fifty Thousand) Equity Shares of Rs. 10/- (Rupees Ten only) each, aggregating to Rs.5,00,000/- (Rupees Five Lakh only), in the proposed wholly owned subsidiary. Additional information 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, will be disclosed in due course. This is for your information and records. The same will also be hosted on the Company’s website, at www.premierenergies.com. The meeting commenced at 04:32 P.M. and concluded at 04:55 P.M. Thanking you, Yours truly, For Premier Energies Limited Hitesh Kumar Jain Company Secretary & Compliance Officer