Description

Premier Energies Limited clarifies that the capacity expansion plans mentioned in an NDTV article are not new information and were already disclosed to stock exchanges in previous announcements.

Summary

Premier Energies Limited has issued a clarification in response to an NDTV article dated January 12, 2026, regarding the company’s capacity expansion plans. The company confirms that the expansion plans mentioned in the article (7.4 GW cell capacity and 6 GW module capacity with Rs 11,000 crore capex) are not new or unpublished information. All capacity expansion details were already disclosed to stock exchanges through previous press releases and regulatory filings in compliance with LODR Regulations, 2015.

Key Points

  • The capacity expansion plans were already disclosed through multiple press releases and board meeting outcomes
  • Company is expanding from existing 2.0 GW cell and 3.7 GW module capacity at IPO to total 10.6 GW cell and 11.1 GW module capacity by September 2026
  • Total addition: 7.4 GW cell capacity and 6.0 GW module capacity
  • New module line was commissioned on May 17, 2025 (1.2 GW)
  • New cell line was commissioned on June 26, 2025 (1.4 GW)
  • Expansion plans were detailed in press release dated December 31, 2025, which also announced orders worth Rs 2,307.30 crores in Q3 FY26
  • No unpublished price sensitive information is pending disclosure
  • Share price movement is market driven
  • No regulatory or legal proceedings are being initiated
  • Company confirms full compliance with SEBI LODR Regulation 30

Regulatory Changes

No regulatory changes are introduced in this circular.

Compliance Requirements

This is a clarification filing confirming that the company has already complied with disclosure requirements under SEBI LODR Regulation 30. No additional compliance actions are required.

Important Dates

  • January 12, 2026: Date of clarification filing and NDTV article publication
  • May 17, 2025: Commissioning of new 1.2 GW module line
  • June 26, 2025: Commissioning of new 1.4 GW cell line
  • October 28, 2025: Board meeting outcome detailing capacity expansion plans
  • December 31, 2025: Press release announcing Q3 FY26 orders and expansion roadmap
  • September 2026: Target completion date for achieving 10.6 GW cell and 11.1 GW module capacity

Impact Assessment

This clarification has minimal market impact as it merely confirms previously disclosed information. The company states that the article will not bear any material impact since the information was already in the public domain. There is no new price sensitive information being disclosed, and the company confirms no pending regulatory or legal proceedings. The filing demonstrates the company’s commitment to transparency and compliance with disclosure norms.

Impact Justification

Routine clarification confirming previously disclosed information with no new material developments or price sensitive information