Interim report
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Premier® Energies Ref . No : PEL 35 / 2026-27 Date : August 06 , 2026 To The Secretary BSE Limited Phiroze Jeejeebhoy Towers , Dalal Street , Mumbai 400001 Scrip Code : 544238 Dear Sir / Madam , To The Manager , Listing Department National Stock Exchange of India Limited Exchange Plaza , C - 1 , G Block , Bandra - Kurla Complex , Bandra ( East ) , Mumbai - 400 051 Trading Symbol : PREMIERENE Sub : Outcome of Board Meeting held on August 06 , 2026 Pursuant to Regulations 30 and 33 of the Securities and Exchange Board of India ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 ( " the Listing Regulations " ) , we wish to inform you that the Board of Directors of the Company , at its meeting held today i.e. August 06 , 2026 , has , inter alia , approved the following matters : 1. The Unaudited Financial Results ( Standalone and Consolidated ) of the Company for the quarter ended June 30 , 2026 , as reviewed and recommended by the Audit Committee , together with the Limited Review Reports thereon . ( Copy enclosed as Annexure I ) . 2. The Notice convening the 31st Annual General Meeting ( AGM ) of the Company , together with the Explanatory Statement annexed thereto . The AGM is scheduled to be held on Monday , September 21 , 2026 at 11:30 A.M. ( IST ) through Video Conferencing ( " VC " ) / Other Audio- Visual Means ( " OAVM " ) to seek the approval of the members of the Company , inter alia , of the audited ( standalone and consolidated ) financial statements of the Company as at and for the financial year ended March 31 , 2026 and other Ordinary Businesses ; and for raising of funds by way of issuance of either Equity Shares , or non - convertible debentures along with warrants , or any other eligible securities convertible into Equity Shares of the Company , or any combination thereof through permissible modes , for an aggregate amount not exceeding Rs . 5,000 Crores [ Rupees Five Thousand Crores Only ] or an equivalent amount thereof by way of one or more Qualified Institutional Placement ( " QIP " ) or through any other mode and / or combination thereof as may be permitted under applicable laws , subject to such regulatory / statutory approvals , as may be required and other Special Businesses . 3. The re - appointment of Mr. Surenderpal Singh Saluja ( DIN : 00664597 ) as Chairman and Wholetime Director of the Company , for a period of five years commencing from December 19 , 2026 to December 18 , 2031 , based on the recommendation of the Nomination and Remuneration Committee , and subject to the approval of the members of the Company . The details required under Regulation 30 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 , read with SEBI Circular No. HO / 49 / 14 / 14 ( 7 ) 2025 - CFD- POD2 / 1 / 3762 / 2026 dated January 30 , 2026 , are enclosed as Annexure II . PREMIER ENERGIES LIMITED Corporate Office 8th Floor , Orbit Tower 1 83/1 Hyderabad Knowledge City , TSIIC Raidurgam Hyderabad 500081 , Telangana , India CIN L40106TG1995PLC019909 | +91.94.9016.7793 | Registered Office 8 / B / 1 & 2 , E - City ( Fab City ) Maheshwaram Mandal , Raviryala Village Ranga Reddy District 501359 , Telangana , India info@premierenergies.com | www.premierenergies.com
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Premier° Energies 4. The re-appointment of Mr. Chiranjeev Singh Saluja (DIN: 00664638) as Managing Director of the Company, for a petiod of five years commencing from December 19, 2026 to December 18,2031, based on the recommendation of the Nomination and Remuneration Committee and subject to the approval of the members of the Company. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CED- POD2/1/3762/2026 dated January 30, 2026, are enclosed as Annexure IIL. 5. The appointment of M/s. S.5. Zanwar & Associates, Cost Accountants (Firm Registration No. 100283), as the Cost Auditors of the Company for the finandial year ending March 31, 2027. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CED- POD2/1/3762/2026 dated January 30, 2026, are enclosed as Annexure IV. 6. The reconstitution of Risk Management Committee of the Board of Directors. The details of the reconstitution of Risk Management Committee are enclosed as Annexure V. The Board Meeting commenced at 02:32 PM. (IST) and concluded at 03:35 PM. (IST). This s for your information and records. Thanking you, Yours truly, For Premier Energies Limited Hitesh Kumar Jain Company Secretary & Compliance Officer Enclosures: As listed above. 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
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PREMIER ENERGIES LIMITED (CIN) : L40106TG1995PLC019909 Regd office: Plot No. 8/B/1 and 8/B/2, E-City, Raviryala Village, Maheshwaram Mandal, Rangareddy District, Telangana - 501359, Wwww.premierenergies.com Tel: +91 9030994222 E-mail: investors@premierenergies.com Statement of unaudited standalone financial results for the quarter ended June 30, 2026 Annexure | (Amount in 2 million) Quarter ended Year ended Particulars 30-Jun-26 | 31-Mar26 | 30-Jun-25 | 31-Mar26 (Unaudited) | (Unaudited) | (Unaudited) | (Audited) (Refer note 2) 1 [Income Revenue from operations 1,763.56 275171 1,869.73 7,939.58 Other income 136.06 87.69 84.19 601,07 Total income 1,899.62 2.839.40 1,953.92 8.540.65 2 |Expenses Cost of materials consumed 28427 247.71 25261 94321 [Purchases of stock-in-trade 975.82 149273 1,142.23 417886 Changes in inventories of finished goods, stock-in-trade and work-in-progress (179.57) (55.72) (8.84) (60.24) Contract execution expenses 219 108.26 66.53 390.12. Employee benefits expense 87.35 89.87 68.86 361.88 Finance costs 165.56 105.84 7.62 168.93 Depreciation and amortisation expenses 16.54 14.96 1187 11049 Other expenses 15078 63.49 97.68 419.02 Total expenses 1.522.94 2.067.14 1,638.56 651227 3 |Profit before tax (1-2) 376.68 772.26 315.36 2,02838 4 |Tax expense Current fax 98.53 198.87 85.91 466.12 Deferred tax (credit)/charge (8.79) 53.65 G.17) 131.05 Total tax expense 89.74 25252 80.74 597.17 5 [Profit for the period / year (3-4) 286.94 519.74 234.62 143121 6 |Other comprehensive income (i) liems that will not be reclassified subsequently to profit or loss - Remeasurement of net defined benefit liability 1274 (30.41)] (1.76) (28.14) - Income tax relating to items that will not be reclassified to profit or loss @3.21) 7.65 044 7.08 (ii) Items that will be reclassified subsequently to profit or loss - Gain/ (loss) on fair value of investment carried at fair value through other comprehensive income 037 039 026 (0.58)| - Income tax relating to items that will be reclassified to profit or loss (0.09), (©.09) ©.07) 0.15 Total other comprehensive Income/ (loss), net of tax 9.81 (22.46)| (1.13) 21.49)] 7 |Total comprehensive income (5+6) 296.75 497.28 23349 1,409.72 8 [Paid-up equity share capital (Face value of 2 1 cach) 453.95 452.99) 450.77 452.99 9 [Other equity 18,896.52 10{Eamings per share (face value 2 1 per share) Not annualised | Not annualised | Not annualised | Annualised Basic (in 2) 0.64 115 052 3.19 Diluted (in 3) 0.64 115 0.52 3.19 See accompanying notes (0 the statement of unaudited standalone financial results
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[NOTES TO UNAUDITED STANDALONE FINANCIAL RESULTS 1 The sbove unaudited standalone financial resulis of Premier Energics Limited ('the Company") has been prepared in accordance with the Indian Accounting Standards (Ind AS")| prescribed under Section 133 of the Companies Act, 2013 (the "Act"), ead with the relevant rules issued thereunder and other accounting principles generally aceepted in India and in terms| of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2 The above unaudited standalone financial esults of the Company s revicwed by the Audit Commitiee has been approved by the Board of Directors at its meeting held on August 06, 2026 ‘The results for the quarter ended June 30, 2026 has been reviewed by the statutory auditors of the Company. The statutory auditors of the Company have issued an unmodified conclusion in respect of the limited review for the quarter ended June 30, 2026, The figures for the quarter ended March 31, 2026 are the balancing figures between the audited figures in respect of the full financisl year and the naudited published figures for nine months ended December 31, 2025. 3 In accordance with Ind AS 108 ‘Operaring Scgments), scgment information has been given in the unaudited consolidated financial result of the company and thereforc, no scparate| disclosure on segment information is given in unaudited standalone financial results. 4 On October 23, 2025, the Company entered into a Securities Subscription and Sharcholders' Agreement (“SSSHA") for acquisition of majority stake (S1%) in Transcon Ind Limited| (Transcon), which is engaged in business of manufacturing and selling of transformers, for a purchase consideration aggrcgating up to € 5,003.00 million. On December 26, 2025, the ‘Company acquired 34.21% of equity share capital for a consideration of 2 2,500.02 million accordingly, Transcon was considered as an associate forthe year ended March 31, 2026, During the quarter ended June 30, 2026 the Company paid the remaining consideration of 2 2,502.98 million, resultng in the acquisition of $1% shareholding, Consequently, Transcon has| ‘become the subsidiary of the Company with effect from April 03, 2026. S During the previous year ended March 31, 2026, the Company had entered into a Share Purchase Agrecment (“SPA") for acquisition of $1% of the share capital of KSolare Energy Private Limited (KSolare). During the quarter ended Junc 30, 2026, ater mutua discussions and evaluation of evolving strategic considerations, the Company decided not to proceed further with e proposed acquisition of KSolare. The parties have agreed to terminate the discussions with KSolar amicably, and there are no financial implications srisng from the sarme 6 During the previous year ended March 31, 2026, the Company subscribed to 51% of the equity shares of HeliosAnthos Energies Private Limited (HAEPL') for a consideration of ¥ 105| million. Accordingly, HAEPL has become the subsidiary of the Company from the date of acquisition i.c. March 02, 2026 7 Subsequent to the quarter ended on July 15, 2026, the Company incorporated wholly owned subsidiary Premier Battery Technologies Private Limited in India.The subsidiary has nof commenced its operations. 8 On May 04, 2026 Premier Energies Global Environmen Private Limited ("Wholly Owned Subsidiry) entered into a Share Subscription and Sharchoklers’ Agreement (SSSHA) fo ‘acquisition of a mininuum 26% cquity stake aggrogating to ¥ 687.00 million in Hexa Energy BH Five Private Limited, a company engaged in the generation and transmission of renewable| energy. The purchase consideration is subject to fulfilment of closing conditions agreed under the SSSHA, 9 During the year ended March 31, 2025, the Company had completed s Inital Public Offer (1PO) of 62,909,200 cquity shares of face value of € 1 each at an issue price of 2 450 per share| (including 2 share premium of € 449 per share). A discount of 2 22 per share was offered to elgible cmployees bidding in the employee's reservation portion of 233,644 equity shares. Thel issue comprised of a fresh issue of 28,709,200 equity shares ageregating to 2 12,914 million and offer for sale of 34,200,000 equity shares by selling sharcholders sggregating fo € 15,390) millon. Pursuant ( the IPO, the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on September 03, 2024, ‘The Company has received an amount of 2 12,388 89 millon (net of esimated IPO expenses of € 525.11 million®*) from the fresh issue of cquity shares. The utilzation of IPO proceads i summarized below- R in million) [Objects of the Issue as per prospectus Amount to be uilised as per | Utilisation up to June 30, | Unutilised upto June 30, prospectus 2026 2026 [The net proceeds from the new share issuance will be allocated to invest in our] 5,636.03 9,686.03 B subsidiary, Premicr Energics Global Environment Private Limited, to partally [finance the establishment of a 4 GW Solar PV TOPCon Cell and 4 GW Solar PV| [TOPCon Module manufscturing facility (objects as revised by sharcholders| through specal esolution by postal ballot dated April 06, 2025) [General corporate purposes 270286 270286 - Total 12,383.89 12,3889 - *Aggregate of amount utilised by the Company, Premier Encrgics Global Environment Private Limited, wholly-owned subsidiary and Premier-Green Aluminium Private Limited, subsidiary. **The unutilsed IPO expenses amounting to €17.22 million is held in scheduled comme al bank as of June 30, 2026. On April 06, 2025, the sharsholders of the Company have approved the Premier Energies Limited - Employee Stock Option Plan, 2025 (PEL ESOP Scheme 2025) which forms part of the Premier Energies Limited Stock Option Plan. The plan is administered by the Nomination and Remuneration Commiltee' constituted by the Board of Directors of the Company. During the| quarter ended June 30, 2026, the Company allotted 9,57,142 equity shares of face value ¥ 1 cach to PEL ESOP Trust under the PEL ESOP Scheme 2025 at premium of 2699 per share. Place: Hyderabad ) / Chiranje: S ‘Managing Director
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Chartered Accountants i N Meenakshi Pride Rock Tower IIT De I°ltte [Block-M], 8th & 9th floors Haskins & Sells Survery No. 23, Gachibowli Serilingampally Municipality Rangareddy District Hyderabad-500032 Telangana, India INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF PREMIER ENERGIES LIMITED 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of PREMIER ENERGIES LIMITED (“the Company”) for the quarter ended June 30, 2026 (“the Statement”), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”). 2. This Statement, which is the responsibility of the Company’s Management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Deloitte Haskins & Sells Chartered Accountants (Firm’s Registration No. 008072S) e % Jhawar Partner (Membership No. 223888) UDIN:26223888IILKYU8406 Place: Hyderabad Date: August 06, 2026
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PREMIER ENERGIES LIMITED (CIN) : L40106TG1995PLC019909 Regd office: Plot No. 8/B/1 and 8/B/2, E-City, Raviryala Village, Maheshwaram Mandal, Rangareddy District, Telangana - 501359, ‘www.premierenergies.com Statement of unaudited consolidated financial results for the quarter ended June 30, 2026 (Amount in 2 million) Quarter ended Year ended Particulars 30-Jun26 (:yl.,:fl':) 30-Jun25 | 31-Mar-26 Wnaudied | ST, | sty | cawaitea) 1 [Tcome Revenue from operations 24,62594 22303.03 1820742 | 7824374 (Other income 45043 385.98 487.78 201532 Total income 2507637 22,689.01 1869520 | 80.259.06 2 |Expenses Cost of materials consumed 13,49334 893495 955665 | 42,587.50 Purchases of stock-in-trade 2,536.03 429950 1,129.66 743836 Changes in inventories of finished goods, stock-in-trade and work-in-progress (878.48)| 13139 48315 [ (3,15459) (Contract exccution expenses 2630 1174 73.04 419.49 Employee benefits expense 48865 4522 28472 1,580.81 Finance costs 43934 41476 368.12 158178 Depreciation and amortisation expenses 956.29 79117 157541 4524.99 Other expenses 181649 163184 119736 5:599.83 Total expenses 18.877.96 1676057 1466811 | 6057821 3 |Profit before share of profit from associates and tax (1-2) 6,198.41 592844 402709 | 19,68085 4 [Share of profit of associates, net of tax s41 5025 242 si21 5 |Profit before tax (3+4) 6203.82 5.978.69 402951 | 19.732.06 6 |Tax expense Current tax 163412 126108 121761 4905.48 Deferred tax (credi)/charge (149.48)| 14924 (266.03) (7031) Total tax expense 148464 141032 951.58 4,635.17 7 |Profit for the periodiyear (5-6) 471918 456837 307193 | 15096.89 8 |Other comprehensive income (i) Items that will not be reclassified subsequently to profit or loss - Remeasurement of net defined benefit liability 770 (631) (385) (@153 - Share of ather comprehensive income of assocates - 029 - 029 - Income tax relating t items that wil not be reclassified to profit o loss (292) 27 115 521 (i) tems that will be reclassified subsequently to profit or loss - Gain/(loss) on fair value of investment carried at foir value through other comprehensive income 037 039 026 (0.58) ;::A‘:“‘:'g:ff"'/ (loss) arising on hedging (“22.89) (308.38) - 6125 - Income tax relating t0 items that will be reclassified to profit or loss 9673 1630 o0 67s) Other comprehensive (loss)/income, net of tax G21.01) (3489) G51) 392 9 |Total comprehensive income (7+8) 439817 433348 307442 | 1513081 10 |Profit for the periodiyear attributable to Owners of the company 463067 456825 307793 | 1509768 Non-controlling interests 8851 012 = 0.79) 4719.18 456837 3,077.93 | 1509689 11 |Other comprehensive (loss)income attributable to Owners of the company (320583) (234.89)| @s1) 3392 Non-controlling interests ©0.18) - - - G21.01)] 23489 @30 392 12 {Total comprehensive income attributable to |Owners of the company 4309.84 433336 30742 1513160 Non-controlling interest 88.33 012 - (©.79) 439817 433348 307442 | 1513081 13 [Paid-up equity share capital (face value 21 per share) 45395 45299 45077 45299 14 |Other equity 4262417 15 |Eamings per equity share (Face value of € 1/- cach) Not annualised | Not annualised | Not annualised | Annualised - Basic (in 7 1045 10.14 683 363 -Diluted (in 7) 1045 1014 683 3363 See accompanying notes (o the financial results
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Segment information a. Pursuant to the acquisition of Transcon Ind Limited on April 03, 2026, the Chief Operating Decision Maker (CODM) has reviewed the manner in which the business is monitored and resources are allocated. Consequently, the Company has identified Power Transmission & Distribution Equipment as a separate reportable segment in accordance with the requirements of Ind AS 108 - Operating Segments. Accordingly, segment information has been presented separately from the date of acquisition. Prior to the acquisition, the Company operated as a single operating segment and therefore scparate segment disclosures were not applicable. Consequently, comparative segment information for previous periods is not comparable with the current period presentation. b. Segment results represents the profit before interest and tax carried by each segment without allocation of central administrative costs and other income. Unaudited consolidated segment wise revenue, results, assets and li: ities for the quarter ended June 30, 2026 (Amount in 2 million) Quarter ended Year ended Particulars 30-Jun-26 31-Mar-26 30-Jun-25 31-Mar-26 (Unaudited) (Unaudited) (Unaudited) (Audited) (Refer note 3) Segment wise revenue and results: 1 [Segment Revenue Solar products & related project activities 23,561.26 22,303.03 18,207.42 78,243.74 [Power Transmission & Distribution Equipment 1,064.68 - - - 24,625.94 22,303.03 18,207.42 78.243.74 Less: Inter-segment revenues - - - - Total Revenue from Operations 24,625.94 22,303.03 18,207.42 78,243.74 2 [Segment Results Solar products & related project activities 6,000.95 6,028.79 4,021.47 19,572.82 Power Transmission & Distribution Equipment 240.79 - - - 633174 6,028.79 402147 19,572.82 Adjusted for: Unallocable corporate expenditure (144.42) (71.57) (114.04) (325.51)] Finance costs (439.34), (414.76)| (368.12) (1,581.78) Other income 45043 385.98 487.78 2,01532 Share of profit of assaciates 541 5025 242 5121 3 [Profit before tax 6,203.82 5978.69 4,02951 19,732.06 Particulars As at June 30, 2026 | As at June 30,2025 | As at March 31, 2026 (Unaudited) (Unaudited) (Audited) 1 [Segment Assets Solar products & related project activities 92,163.85 42,269.48 78,989.22 Power Transmission & Distribution Equipment 7.788.07 - - 99.951.92 42,269.48 78,989.22 Less: Inter-segment eliminations - - - Add: unallocated assets 2148531 26,624.78 29.459.41 | Total Assets 1,21437.23 68.894.26 1,08,448.63 2 |Segment Liabilities Solar products & related project activities 32,944.89 22,031.33 28,176.07 Power Transmission & Distribution Equipment 793.51 - - 33,738.40 22,031.33 28,176.07 Less: Inter-segment eliminations - - - Add: unallocated liabilities 37.923.45 15,553.87 37,168.94 Total Liabilities 71,661.85 37,585.20 65.345.01
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[NOTES TO UNAUDITED CONSOLIDATED FINANCIAL RESULTS: 1 The above unaudited consolidaed fnancial esuls of Premier Energics Limited (*Company’)including its subsidiaries (coletively known a the “Group) and ts associates has been prepared in accordancel it the Indian Accouting Sandards (Ind AS') prescribed under Secton 133 of the Companies Act, 2013 (the "Ac”),read with the rclevantrles isucd thereunder and other ccounting principles generaly| accepted inIndia and in terms of Regulation 33 of the Securities and Fxchange Board of Inia (Listing Obligations and Disclosure Requirements) Regulatons, 2015, a amended 2 The above unaudited consolidated financal results has been prepared in accordance with principles and procedures as set out i the Ind AS 110 on "Consolidated financial satements" and Ind AS 28 nvestmentsin Associates and Joint ventures” noified under Section 133 of the Act and Companies (Indian Accounting Standards) Rules, 2015, as amended. 3 The above unaudited consolicated financial results of the Group as reviewe by the Avdit Committce has been approved by the Board of Divecors at its meeting held on August 06, 2026, The resuls fr quarter ended June 30, 2026 has been reviewed by the tatutory auditors of the Group. The stnuory auditors of the Company have issued an unmodified conclusion in espect o the limited review for te quarter nded June 30,2026, The figures for the quarer ended March 31, 2026 are the balancing igures between the audited figures i respect of the fll financial year an the unaudited publshed figures fo ine months ended December 31,2025, 4 The Board of Directors o the Company passed rsoluion dted Sepember 06, 2022 o discontinue th aperatons and volutarly windup s subsidiary, IBD Solar Powertech (Pvt). L Bangladesh. The ‘application for winding up is pending with relevant authorites. The said subsidiay is ot material to the Group. 3 Subsequent o the quarer ended on uly 1, 2026, the Company incoporated wholly owned subsidiay Premier Battery Technologies Pivate Limited i India, The subsidary has not commenced s opersions. 6 During the previous year ended, PremierGreen Aluminium Private Limited (‘PGAPL), whally owned subsidary of the Company, raised funds sggregatin o € 26.25 millon through prefercntial alloment of aquity shares. Consequent upon the allotmen of share, the Company's sharcholding in PGAPL i reduced to 80%, 7 On October 23, 2025, the Company entered ino a Securies Subscription and Sharcholders” Agresment (*SSSHA”) for acquision of majory sake (51%) in Transcon Ind Liited (Transcon, which s eneaged in business of manufactuing and seling oftansformers, for & purchase consideration ageregating up 10 ¥ 5,003.00 millon. On December 26, 2025, the Company acquired 34.219% of equty shre| ‘capital for consideration of 2,500.02 millon accordingly, Transcon was considered as an asocate for the year ended March 31, 2026, ‘During he quarter ended June 30, 2026, the Company paid the remaiing consideraton of 2 2,502.95 millon, esulin i the cquisiton of 1% of equity share capital, Consequenly, Transcon has become subsidiary of the Company with effect from April 03, 2026. As per Ind AS 103, purchase consideration has been allocated on a provisional basis, pending determination of the final far value of asects and] lablities acquired. The Group has recognised 2 2,422 14 million towards goodwill 8 During the previous year ended, the Company had crtered into a Share Purchase Agreement (“SPA") for acquisiton of 51% of th share capital of KSolare Energy Private Limited (KSolare). During uarterended June 30, 2026, afer mutal discussions and evaluaion of evolving strategic consideraiors, the Company decided not o procecd further with the proposcd scquisiion of KSolre. The parie| ‘have agreed 1o erminate the discussions with K'Solare amicably, and there are no financialimplications arising from the same. 9 Puring the previous year ended, the Company subscribed to 51% of the equity shares of HeliosAnthos Energes Private Limited (HAEPL) for a consideration of 2 1.05 millon on March 02, 2026 Accordingly, HAEPL has become the subsdiary of the Company fom the dat of acquisiion. The Company has accounted for this acqisiion as per Ind AS 103 "Business Combinatons” during the yea| ‘ended March 31, 2026 10 On May 04, 2026 Premicr Encrgis Global Environanent Private Limited (*Wholly Owned Subsidiary) entered int a Share Subscription and Sharcholders' Ageement (SSSHAY for acquisiion of a miimur 265% ey stake aggregating (o 2 687.00 millon in Hexa Encrgy BH Five Private Limited, 3 company engaged i the gencration and transmissio ofrenewable encrgy. Th proposed tansacton issubjet fulfilment of closing conditons agreed under the SSSHA. Accordingly, o financial impact hasarisen in this quartr, 11 During theyear ended March 31, 202, the Company had complete is Il Pubic Offr (IPO) of 62,909,200 equity shares of fice value of ¥ 1 each a an isue price of 450 per share (including a share] premium of X 449 per share). A discount of 2 22 pe share was offered o elgible employees bidding in the employee's reservaton portion of 233,644 equity shrcs. The issue comprised of fiesh isuc o 28709200 ety shares aggregating o 2 12,914 millon and offer for sale of 34,200,000 ity shars by selling sharcholdes aggregating o ¥ 15,390 millon. Pursuantto th IPO, the quity sharc ot ‘Company were listed on Natioral Stock Exchange of ndia Limited (NSE) and BSE Limited (BSE) on September 03, 2024, The Company bas eceived an amount of ¢ 12,385 89 milon netof estimated TPO expenses of ¥ 525,11 milon®*) fom the fresh issue of eqity shares. The utiizaton of PO proceedsis summarized below: @ in million) [Objects o the isue as per prospectus Amount to be uilised as per prospectus| Utilisation up to | Unutilised up to June 30, 2026+ June 30,2026 [The nct procecds from the new share issuance will b allocated 1o ivest in our subsidiry, Premior Energics Global 565603 55560 - [Environment Private Limited, to partially inance the establishment of 2 4 GW Solar PV TOPCon Cell and 4 GW| [Solar PV TOPCon Module manufacruring facility (objects as revised by sharcholders through special resolution by [postal bllot dated April 06, 2025). (General corporate purposes 270286 270286 - [Totar 12,388.89 12,388.89 - *Agregatc of amount ilised by the Company, Prennier Energies Global Envirnment Pivae Limited, wholl-owned subsidiary and Premicr-Green Aluinium Private Limited, subsidiary. ** The unutiised [PO expenses amounting to 2 17.22 millon s heldin scheduled commercial bank as of June 30, 2026 12 During th yea ended March 31, 2025, the Boardof Divecors had consideed and notd the technologicalupgradation plan of manufactrin assetsincertain subsidarie, The Group had accordingly eviewed a0 r-esimated the usefl i ofcetain plant and machincry used n the manufacturing o sla celsand modules o prospective basis. Consequently,th charge of deprecatonfo the quarerended June 30, 2026, for the quate endeq June 30, 2025 and fo the quaterended March 31,2026 o account of change inthe accountin estimae s higher by € il millon, € 907,68 million,and € il millon respectveh (fo the year ended March 31, 2026: 2 1,815.54 million), 13 On April 06, 2023, the sharchalders of the Company have approved th Premicr Energies Linitd - Employee Siock Option Plan, 2025 (PEL ESOP Scheme 2025) which forms pat of the Prenir Energis| Linitcd Stock Option Plan. The plan i administerd by the 'Nomination and Remunration Commitee constitutd by the Board of Dircctors of the Company: Durin the quarter ended June 302026t ‘Company allted 9,57,142 equity shares of face vlue 2 1 each o PEL ESOP Truston April 20, 2026 under the PEL ESOP Scheme 2025 at & premium of 2 699 per share Y\AGKW;‘\ \go \ CHARTERED | ¢ ACCOUNTANTS) m & \ | Phace: Hyderabad Date: August 06, 2026
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Chartered Accountants Deloitte . Mecnakshi Pride Rock Tower Il [Block-M], 8th & 9th floors Haskins & Sells Survery No. 23, Gachibowl Serilingampally Municipality Rangareddy District Hyderabad-500032 Telangana, India INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF PREMIER ENERGIES LIMITED 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of PREMIER ENERGIES LIMITED (“the Parent”) and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”), and its share of the net profit after tax and total comprehensive income of its associates for the quarter ended June 30, 2026 (“the Statement”) being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”). 2. This Statement, which is the responsibility of the Parent’s Management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of Parent's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the subsidiaries and associates listed in Annexure I. 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement&/
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Deloitte - Haskins & Sells 6. We did not review the interim financial information of two subsidiaries included in the unaudited consolidated financial results, whose interim financial information reflect total revenues of ¥ 1,064.68 for the quarter ended June 30, 2026, total net profit after tax of ¥ 182.87 for the quarter ended June 30, 2026 and total comprehensive income of ¥ 182.49 for the quarter ended June 30, 2026, as considered in the Statement. The unaudited consolidated financial results also includes the Group’s share of profit after tax of # 5.41 for the quarter ended June 30, 2026 and total comprehensive income of % 5.41 for the quarter ended June 30, 2026, as considered in the Statement, in respect of two associates, whose interim financial information have not been reviewed by us. These interim financial information have been reviewed by other auditors whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiary and associates, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of these matters. 7. The consolidated unaudited financial results includes the interim financial information of two subsidiaries which have not been reviewed by their auditors, whose interim financial information reflect total revenue of 2 Nil for the quarter ended June 30, 2026, total profit after tax of ¥ Nil for the quarter ended June 30, 2026 and total comprehensive income of Z Nil for the quarter ended June 30, 2026 as considered in the Statement. According to the information and explanations given to us by the Management, these interim financial information are not material to the Group. Our Conclusion on the Statement is not modified in respect of our reliance on the interim financial information certified by the Management. For Deloitte Haskins & Sells Chartered Accountants (Firm’s Registration No. 008072S) N %?a\y Jhawar Partner (Membership No. 223888) UDIN:26223888YPGIPV1646 Place: Hyderabad Date: August 6, 2026
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Deloitte - Haskins & Sells Annexure I to the Independent Auditor’'s R Consolidated Financial Results eport on Review of Interim Unaudited The interim unaudited consolidated financial results include the results of the following entities: S.No. | Name of the Component Country Relationship 1 Premier Energies Photovoltaic Private Limited India Direct Subsidiary 2 Premier Energies International Private Limited India Direct Subsidiary 3 Premier Energies Global Environment Private | India Direct Subsidiary Limited 4 Premier Solar Powertech Private Limited India Direct Subsidiary 5 Premier Photovoltaic Gajwel Private Limited India Direct Subsidiary 6 Premier Photovoltaic Zaheerabad Private Limited India Direct Subsidiary 7 Premier-Green Aluminum Private Limited India Direct Subsidiary 8 Premier Energies GWC Private Limited India Direct Subsidiary 9 Premier Energies Storage Solutions Private Limited | India Direct Subsidiary 10 Premier Energies Photovoltaic LLC USA Direct Subsidiary 11 HeliosAnthos Energies Private Limited India Direct Subsidiary 12 | Transcon Ind Limited India Direct Subsidiary 13 Neotrafo Solutions India Private Limited India Step-Down Subsidiary 14 IBD Solar Powertech Private Limited Bangladesh | Step-Down Subsidiary 15 Mavyatho Ventures Private Limited India Associate 16 Brightstone Developers Private Limited India Associate ]
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Premier® Energies Annexure IT Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular No. HO /49/14/14(7)2025- CFD-POD2/1/3762/2026 dated January 30, 2026 S. No. Particulars Details I | Reason for change viz. appeintment, re- | Re-appointment of Mr. Surenderpal Singh appointment; resignation; removaldeath | Saluja as Chairman and Whole-time Director orotherwise; of the Company as his present term wil expire on December 18, 2026 2. Date of appeintsment; re-appointment Date of Re-appointment: /eessation {as-applicable) & term of At Board Meeting held on August 06, 2026 appeintment/re-appointment; Term of Re-appointment: For a petiod of five years commencing from December 19, 2026 fo December 18, 2031. 3. | Brief Profile (in case of appointment); Mz. Surenderpal Singh Saluja is the Chairman and Whole-time Director and one of the Promoters of the Company. He has been associated with the Company since its incotporation. He is responsible for providing strategic advice to the Board and developing and executing the Company’s business strategies. He has a bachelor’s in engineering (mechanical) degree from Karnatak University, Dharwad, Karnataka. He was awarded the National Award for Outstanding Entrepreneuship in Micro and Small Enterprises by the Ministry of Micro, Small and Medium Enterprises, Government of India in 2007. 4 | Disclosure of relationships between | Mr. Sutenderpal Singh Saluja, Whole-time directors (in case of appointment of a | Director of the Company, is the father of M. director). Chiranjeev Singh Saluja, Managing Director and Promoter of the Company. Except for the aforesaid relationship, he is not related to any other Director of the Company. 5. | Information as required pursuant to BSE | Mr. Sutenderpal Singh Saluja is not debarted Circular ref. no. LIST/COMP/ 14/ 2018- | from holding the office of Director by virtue 19 and NSE ref. no. NSE/ML/2018/24, | of any SEBI Order or any other such dated June 20, 2018. Authority. 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 L40106TG1995PLCO19909 | &, +91.94.9016.7793 | <] info@premierenergies.com | & www.premierenergies.com
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Premier® Energies Annexure IIT Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular No. HO /49/14/14(7)2025-CFD-POD2/1/3762 /2026 dated January 30, 2026 S. No. Particulars 1 Reason for change viz. sppostment, tc- appointment; resignations removal-death-or otherwise; Details Re-appointment of Mr. Chiranjeev Singh Saluja as Managing Director of the Company as his present term will expite on December 18, 2026 Date of Re-appointment: At Board Meeting held on August 06, 2026 2 Date of appeintment; re-appointment /eessation-fas-applieable)-& term of appeintment/ re-appointment; Tetm of Re-appointment: For a period of five years commencing from December 19, 2026, to December 18, 2031 Mr. Chiranjeev Singh Saluja is the Managing Ditector and one of the Promoters of the Company. 3 Bricf Profile (in case of appointment); He has been associated with the Company since 1997 and is responsible for its overall operations, driving both its short- and long-term strategy, and setting its strategic direction and goals. He was awarded a Professional Doctorate in Global Leadership and Management by the European International Univessity, Paris, France M. Saluja sexves as the Co-Chair of the FICCI Solar Manufacturing Committee, where he represents the voice of the industry and works closely with policymakers and key stakeholders to diive policy reforms, strengthen domestic manufacturing, and shape India’s solar manufacturing ecosystem He also serves as the President of the Indian Solar Manufacturers Association (ISMA), representing the interests of India's solar manufacturing industry and advancing the vision of a self-reliant, globally competitive renewable energy sector 4. Disclosure of relationships between ditectors (in case of appointment of a directos) M. Chiranjeev Singh Saluja, Managing Director of the Company, is the son of Mr. Surenderpal Singh Saluja, Chairman and Whole-time Ditector and Promoter of the Company. Except for the aforesaid relationship, he is not related to any other Director of the Company. 5 Information as tequired pursuant to BSE Circular tef. no. LIST/COMP/14/ 2018-19 and NSE ref no. NSE/ML/2018/24, dated M. Chiranjeev Singh Saluja is not debarred from holding the office of Director by virtue of any SEBI Oxder or any other such Authority. June 20, 2018. PREMIER ENERGIES LIMITED Corporate Office 8th Floor, Orbit Tower 1 83/1 Hyderabad Knowledge City, TSIIC Raidurgam Hyderabad 500081, Telangana, India Registered Otfice 8/B/1& 2, E-City (Fab City) Maheshwaram Mandal, Raviryala Village Ranga Reddy District 501359, Telangana, India CIN L40106TG1995PLC0O19909 | &, +91.94.9016.7793 | [ info@premierenergies.com | & www.premierenergies.com
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Premier° Energies Annexure IV Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular No. HO /49/14/14(7)2025- CFD-POD2/1/3762/2026 dated January 30, 2026 S. No. Particulars Details I | Reason for change viz. appointment, re- | Appointment of M/s. SS. Zanwar & ppointment resignation; Ldeath | Associates, Cost Accountants (Firm orotherwise; Registration No. 100283), as the Cost Auditors of the Company for the financial year ending March 31, 2027. 2. | Date of appointment/ze- Date of Appointment: ppointment/cessation{asapplicabler& | August 06,2026 term of appointment/e-appeintment; Tewm of Appointment: For the Financial year commencing from Apil 1,2026, up to March 31, 2027. 3. | Buief Profile (in case of appointment); Established in 1999,SS. Zanwar & Associates is a leading Hyderabad-based firm specializing in Cost Audit, Management Consultancy, and Regulatory Compliance. The firm is led by Proprietor CMA Sandeep Shrivallabh Zanwar, the firm leverages over 25 years of expertise to deliver precision- diven financial solutions across diverse industrial sectors. The firm has a multi-disciplinary team of qualified CMAs and expert assistants. M/s. S.S. Zanwar & Associates is a Peer Reviewed Firm holding a valid Peer Review Certificate issued in accordance with the Peer Review Guidelines of the Institute of Cost Accountants of India (CMAI). 4 | Disclosure of relationships between | Not Applicable directors (in case of appointment of a director). PREMIER ENERGIES LIMITED Corporate Office 8th Floor, Orbit Tower 1 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
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Premier° Energies Annexure V Details of Reconstitution of the Risk Management Committee: Existing Composition Name of Member Category Position in Committee Chiranjeev Singh Saluja Managing Director Chairman* Ragunathan Kannan Non-Executive Independent | Member Ditector Nishith Hasmukh Mehta Non-Executive Independent | Member Ditector Revised Composition Name of Member Category Position in Committee Nishith Hasmukh Mehta Non-Executive Independent | Chairman* Ditector Chiranjeev Singh Saluja Managing Director Member Ragunathan Kannan Non-Executive Independent | Member Ditector * Mz Nishith Hasmukh Mehta, Non-Executive Independent Director, has been appointed as the Chairman of the Risk Management Commmittee in place of M. Chiranjeev Singh Saluja, Managing Director, with effect from August 06, 2026. The composition of the Committee remains unchanged except for the change in the position of Chairman. PREMIER ENERGIES LIMITED Corporate Office 8th Floor, Orbit Tower 1 83/1 Hyderabad Knowledge City, TSIIC Raidurgam Hyderabad 500081, Telangana, India Registered Otfice 8/B/1& 2, E-City (Fab City) Maheshwaram Mandal, Raviryala Village Ranga Reddy District 501359, Telangana, India CIN L40106TG1995PLC0O19909 | &, +91.94.9016.7793 | [ info@premierenergies.com | & www.premierenergies.com