Premier Energies Limited has approved the acquisition of a 51% stake in KSolare Energy Private Limited for approximately INR 86.7 Cr. Syrma SGS Technologies Ltd. will co-acquire the remaining 49%. The acquisition will enable Premier Energies to expand into manufacturing solar inverters and smart energy solutions. KSolare Energy has a revenue of INR 342 Cr in FY25.
Strategic Acquisition of KSolare Energy
Premier Energies Limited has finalized an agreement to acquire a majority stake in KSolare Energy Private Limited, a company specializing in solar inverters and smart energy solutions. The acquisition was approved on October 23, 2025, with Premier Energies securing a 51% ownership position.
Deal Structure and Rationale
The acquisition involves Premier Energies acquiring 51% of the equity shares of KSolare Energy for approximately INR 86.7 Cr. Syrma SGS Technologies Ltd. will co-acquire the remaining 49% stake for approximately INR 83.3 Cr. This strategic move allows Premier Energies to foray into the solar inverter market.
KSolare Energy: Company Overview
KSolare Energy, established in 2012, manufactures solar inverters. Their offerings include on-grid, off-grid, and hybrid models, mainly for the residential market. The acquisition provides Premier Energies with access to KSolare’s manufacturing capacity and a wider range of solar energy solutions.
Financial Highlights of KSolare
KSolare Energy has demonstrated growth in recent years, with turnover figures as follows:
Future Synergies
The business will benefit from Premier Energies’ extensive sales and distribution network. This acquisition aligns with the company’s strategy to expand into the residential solar inverter segment. Premier Energies will hold 51% of the Target Company post subscription.
Source: BSE
