Premier Energies Approves ₹5000 Crore Fundraising

Premier Energies Board approved audited FY2026 results with consolidated net profit of ₹15,096.89 million and standalone profit of ₹1,431.21 million.
Board approved fundraising up to ₹5000 crore via QIP or other permissible modes including equity shares and non-convertible debentures with warrants.
Management changes include resignation of Company Secretary Ravella Sreenivasa Rao and appointment of Hitesh Kumar Jain as replacement effective May 16, 2026.
Reappointed Deloitte Haskins & Sells as statutory auditors for second five-year term and Protiviti as internal auditor for FY2026-27.