Premier Energies’ Board has approved the unaudited financial results for Q3 FY2026 and has extended the long-stop date for the acquisition of a 51% stake in Ksolare Energy Private Limited. The decision was made during a meeting held on January 22, 2026. The board reviewed financial performance and a strategic acquisition.
Financial Results Approved
The Board of Directors has considered and approved the unaudited financial results (standalone and consolidated) for the quarter and nine months ended December 31, 2025 (Q3 FY2026). This includes a Limited Review Report issued by Deloitte Haskins & Sells, the Statutory Auditors.
The Financial Results were reviewed and recommended by the Audit Committee prior to Board approval. Consolidated financial results include a profit after tax of ₹0.91 million and ₹2.97 million for the quarter and nine months ended December 31, 2025, respectively.
Ksolare Energy Acquisition Update
The Board has approved an extension of the long-stop date for fulfilling conditions related to the acquisition of a 51% equity stake in Ksolare Energy Private Limited. This follows an extension letter from both the Seller and Target Company.
The extension allows Premier Energies to finalize the proposed acquisition of a 51% stake in Ksolare Energy Private Limited, with the new deadline set for February 20, 2026. The initial intention to acquire Ksolare in association with Syrma SGS Technologies Limited was outlined in a letter dated October 23, 2025.
Source: BSE
