Premier Energies Subsidiary Acquires 26% in Hexa Energy

Premier Energies Global Environment approved a ₹68.70 crore investment for a minimum 26% stake in Hexa Energy BH Five.
The acquisition aims to secure captive renewable power for a solar PV cell manufacturing facility in Andhra Pradesh.
The transaction is not a related party transaction and requires no governmental approvals for completion.
The indicative timeline for completion of the acquisition is 16 months from the agreement execution date.