Premier Energies Limited has incorporated a wholly owned subsidiary named Premier Battery Technologies Private Limited. The Certificate of Incorporation was issued by the Central Registration Centre, Registrar of Companies and received by the company on July 16, 2026.
Subsidiary Details
- Name: Premier Battery Technologies Private Limited
- Date of Incorporation: July 15, 2026
- Country of Incorporation: India
- Industry: Battery and Battery Energy Storage Systems Sector
- Business Objective: Carrying on business activities in Battery Energy Storage System, Battery Cell, Battery Material, and related electronics, hardware, and software business segments
Capital Structure and Investment
- Authorized Share Capital: ₹10,00,000 (Rupees Ten Lakh only)
- Share Structure: Divided into 1,00,000 (One Lakh) equity shares of ₹10 (Rupees Ten only) each
- Subscription: Company subscribed to 50,000 (Fifty Thousand) equity shares of ₹10 each
- Total Investment: ₹5,00,000 (Rupees Five Lakh only)
- Shareholding: 100% ownership by Premier Energies Limited
Transaction Details
- Consideration Type: Cash consideration
- Governmental Approvals: Not required for incorporation
- Relationship: Premier Battery Technologies Private Limited is a related party of Premier Energies Limited