Premier Energies Limited issued a clarification on February 25, 2026, in response to media reports concerning US tariff clarifications affecting solar stocks. The company stated there are no specific negotiations or events requiring disclosure related to the subject. Furthermore, Premier Energies confirmed it is not aware of any unpublished price-sensitive information (UPSI) that could explain recent stock movements. The company views the market reaction as generally industry-wide sentiment.
Clarification on Market News
Premier Energies Limited responded to a news item published on www.moneycontrol.com on February 25, 2026, which referenced solar stocks, including Premier Energies, trimming losses following clarification on US tariffs. The company provided a formal response to the Stock Exchanges on the same date.
Negotiations and Events Status
In response to whether specific negotiations or events were taking place, the company confirmed that there are no specific negotiations or events related to the captioned subject that require immediate disclosure. The news article appears to pertain to general developments concerning proposed or clarified tariff measures by the United States authorities impacting the entire solar sector. The Company explicitly stated it is not engaged in any undisclosed negotiations or events with US authorities in this regard.
Unpublished Price Sensitive Information (UPSI)
The Company definitively confirmed that it is not aware of any information that has not yet been disclosed to the Stock Exchanges which could account for the recent movement observed in the price or volume of its shares.
Material Impact Assessment
Regarding the material impact of the article, Premier Energies noted that the article refers to sectoral developments related to US tariff clarifications and subsequent market reactions in solar stocks. At present, the Company does not foresee any material adverse impact on its operations or financial position arising solely from this specific news item. The movement in the share price is assessed to be market-driven and based on general industry sentiment. The Company will continue to monitor regulatory and market developments and make disclosures if and when required.
The clarification was signed by Ravella Sreenivasa Rao, Company Secretary and Compliance Officer.
Source: BSE
