Monitoring Agency Report

Premier® Energies Ref. No: PEL 41/2026-27 Date: August 11, 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 Sit/Madam, Sub: Submission of Monitoring Agency Report pursuant to Regulation 41 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 41(2) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Monitoring Agency Report issued by CRISIL Ratings Limited, the Monitoring Agency, in respect of the utilisation of the proceeds of the Initial Public Offer of the Company for the quarter ended June 30, 2026. This is for your information and records. Thanking you, Yours truly, For Premier Energies Limited Hitesh Kumar Jain Company Secretary & Compliance Officer PREMIER ENERGIES LIMITED Corporate Office 8th Floor, Orbit Tower| Registered Otfice 8/B/1& 2, E-City (Fab City) 83/1 Hyderabad Knowledge City, TSIIC Raidurgam ~ Maheshwaram Mandal, Raviryala Village Hyderabad 500081, Telangana, India Ranga Reddy District 501359, Telangana, India CIN L40106TG1995PLC0O19909 | &, +91.94.9016.7793 | [ info@premierenergies.com | & www.premierenergies.com Crisil Ratings Monitoring Agency Report Premier Energies Limited for the quarter ended June 30, 2026 entityN umber: U67100MH2019PLC326247 Rgst ered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +91 Z7n13/3000\w ww.crisilratings.com acompany of S&P Global Ratings CRL/MAR/PRSSPL/2026-27/1862 August 10, 2026 Premier Energies Limited Plot No.8/B/1and 8/B/2, E- City, Maheshwaram Mandal, Raviryala Village, K.V. Rangareddy 501 359, Telangana, India Dear Sir, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”) of Premier Energies Limited (“the Company”) Pursuant to Regulation 41(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated August 20, 2024, enclosed herewith the Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of IPO for the quarter ended June 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited sl ishowsly Shounak Chakravarty Director, Ratings (LCG) Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +9122 6137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings Report of the Monitoring Agency (MA) Name of the issuer: Premier Energies Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: Utilization different from objects stated in the offer document but in line with change of objects approved by shareholders’ resolution. During the quarter ended March 31, 2025, location of the Project under Object 1 for establishing 4 GV solar PV cell, has been changed from Ranga Reddy District, Telangana to Tirupati District, Andhra Pradesh pursuant to the special resolution dated April 06, 2025. (b) Range of Deviation: Not applicable Declaration: T\e declare that this 1eport provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receies. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoeverfo,r loss or danage front the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensatiofonr its ratings and certain credit-related analyses. Ve confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. T\ have submitted the report herewith in line with the format prescribed by SEBI, capturing our contments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Managem/e Anudtit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibiliftoyr such comments of the issuer’s Management/Board. Signature: o é Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +9122 6137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings 1) Issuer Details: Name of the issuer: Premier Energies Limited Names of the promoter: Mr. Surenderpal Singh Saluja, Mr. Chiranjeev Singh Saluja Industry/sector to which it belongs: Other Electrical Equipment 2) Issue Details Issue Period: Tuesday, August 27, 2024, to Thursday, August 29, 2024 Type of issue (public/rights): Initial Public Offer (IPO) Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Rs 28,304 million (Fresh issue of Rs 12,914* million and OFS of Rs 15,390 million) *Note: Particulars Amount (Rs. million) Gross proceeds of the Fresh Issue 12,914.00# Less: Issue Expenses 525.11 Net Proceeds 12,388.89 #Crisil Ratings shall be monitoring the gross proceeds. Crisil Ratings Limited Corporate Identity Number: U67100MH2019PLC326247 Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India Phone: +9122 6137 3000 | www.crisilratings.com acompany of S&P Global Crisil Ratings 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ Comments Comments q certifications considered of the of the T x4y by Monitoring Agency Monitoring Board of for preparation of report Agency Directors Management undertaking, Peer- reviewed Independent Whether all utilization is as per the Char.tereci\Accountant No disclosures in the Offer Document? Yes certificate”, Prospectus Comments : dated August 29, 2024 (hereinafter referred to as | Refer note 1 “Offer document”), Bank Statements Whether shareholder approval has been obtained in case of material deviations from NA No expenditures disclosed in the Offer Comments Document? Whether the means of finance for the N No No disclosed objects of the issue has changed? ° Comments Comments Is there any major deviation obser [Showing first 8,000 characters — download PDF for full document]