Premier Energies share price is expected to remain in focus after the company announced a strategic investment in a renewable energy entity aimed at supporting its manufacturing operations.
The company, through its wholly owned subsidiary, has approved an investment of ₹68.70 crore to acquire a minimum 26% equity stake in Hexa Energy BH Five Private Limited.
The investment will be made in one or more tranches through cash consideration.
The primary objective of this acquisition is to secure captive power supply for the company’s Solar PV cell manufacturing facility located in Naidupeta, Andhra Pradesh.
This move is expected to enhance energy security and potentially reduce power costs for the manufacturing operations.
Hexa Energy BH Five Private Limited is a newly incorporated entity (April 2025) engaged in the generation and transmission of renewable energy.
The company currently has a limited capital base, indicating that it is at an early stage of development.
The acquisition does not fall under related party transactions, and no promoter group entities have any interest in the target company.
The transaction is expected to be completed over an indicative timeline of 16 months, subject to fulfilment of conditions precedent.
The investment aligns with Premier Energies’ broader strategy of strengthening backward integration and ensuring reliable energy supply for its solar manufacturing operations.
By securing captive renewable energy, the company can improve operational efficiency while aligning with sustainability goals.
Read More: Premier Energies Launches India’s First All-Black G12R Solar Module NeoBlack Series!
As of 04 May 2026, at 3:30 PM, Premier Energies share price closed at ₹1,035.90 per share, reflecting a surge of 1.74% from the previous closing price.
The renewable energy investment supports Premier Energies’ manufacturing strategy, enhancing energy reliability and reinforcing its integrated solar ecosystem.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 5, 2026, 8:38 AM IST
Team Angel One
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