Description

Premier Energies Limited clarifies that the capacity expansion plans mentioned in an NDTV article are not new information and have already been disclosed to stock exchanges in compliance with LODR regulations.

Summary

Premier Energies Limited has issued a clarification regarding a news article published on NDTV Profit dated January 12, 2026, about 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plans mentioned in the article (7.4 GW cell capacity and 6 GW module capacity at Rs 11,000 crore capex) are not new or unpublished information and have already been disclosed to stock exchanges through previous press releases and regulatory filings.

Key Points

  • The capacity expansion information mentioned in the NDTV article was already disclosed through multiple press releases and regulatory filings
  • Company’s existing capacity at IPO was 2.0 GW cell and 3.7 GW module capacity
  • New module line of 1.2 GW was commissioned on May 17, 2025
  • New cell line of 1.4 GW was commissioned on June 26, 2025
  • Planned expansion of 7.4 GW cell and 6.0 GW module capacity was disclosed on May 17 and October 28, 2025
  • Total target capacity is 10.6 GW solar cell and 11.1 GW solar module by September 2026
  • The expansion plans were also mentioned in the company’s press release dated December 31, 2025, regarding orders worth Rs 2,307.30 crores in Q3 FY26
  • Share price movement is market-driven with no pending unpublished price-sensitive information
  • No regulatory or legal proceedings are being initiated in relation to the announcement

Regulatory Changes

No regulatory changes are introduced in this circular. This is a clarification statement in response to a media article.

Compliance Requirements

  • Company confirms full compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Company commits to continued compliance with LODR regulations
  • No additional compliance actions required as all information was previously disclosed

Important Dates

  • January 12, 2026: Date of clarification letter to exchanges
  • May 17, 2025: Commissioning of new 1.2 GW module line disclosed
  • June 26, 2025: Commissioning of new 1.4 GW cell line disclosed
  • October 28, 2025: Capacity expansion plan detailed in Board Meeting outcome
  • December 31, 2025: Press release on Q3 FY26 orders mentioning expansion plans
  • September 2026: Target date for achieving total capacity of 10.6 GW cell and 11.1 GW module

Impact Assessment

This clarification has minimal market impact as it confirms previously disclosed information rather than announcing new developments. The company emphasizes that:

  • The article will not bear any material impact on the company since information is already in public domain
  • There is no unpublished price-sensitive information pending disclosure
  • Share price movements are market-driven and not related to any new undisclosed information
  • The clarification serves to maintain transparency and regulatory compliance by addressing exchange queries about the media article

The circular demonstrates the company’s proactive approach to addressing market speculation and maintaining investor confidence through clear communication.

Impact Justification

Routine clarification confirming previously disclosed information with no new material developments or regulatory changes