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Premier Energies Limited

DecreasedSAST

PREMIERENEOther Electrical EquipmentMarket Cap₹40K Cr

Value

₹2,377 Cr

2,41,29,527

Price

₹985

Stake

63.94% → 58.61%

Surenderpal Singh Saluja

Promoter

The move

Surenderpal Singh Saluja, a promoter of Premier Energies Limited, sold 2,41,29,527 shares for ₹2376.76 Cr at ₹985.00 apiece via an open market transaction. This reduced his stake from 63.94% to 58.61%.

About Premier Energies Limited

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A manufacturer of solar photovoltaic products, Premier Energies specializes in producing integrated solar cells and modules, including monofacial and bifacial solar panels. The company provides comprehensive solutions across the solar energy value chain, offering engineering, procurement, and construction services alongside operations and maintenance support for solar installations.

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Kotak Mahindra Life InsuranceExited

Kotak Mahindra Life Insurance, which previously held a 1.02 percent stake in Premier Energies Limited, has exited the list of disclosed shareholders, indicating either a complete sale or a reduction in its holding to below 1 percent.