Premier Energies Limited
Bajaj Finserv Mutual Fund bought 1,047,120 shares of Premier Energies Limited for ₹100.00 Cr at ₹955.00 apiece in a block deal. This was part of a larger transaction where promoters sold a 5.3% stake in the company.
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.
AMC subsidiary of Bajaj Finserv, India's leading non-banking financial services conglomerate. Launched in 2023 with an aggressive passive-first strategy, offering index funds and ETFs at competitive expense ratios to challenge incumbents in the rapidly growing passive segment. One of the fastest-growing new entrants in the AMC space with strong distribution from Bajaj Finserv's vast financial services network.