Re-appointment of Statutory Auditors subject to shareholders of the Company in ensuing AGM.
PREMIERENE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved in line with Nifty Midcap 150 and 1.3 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Premier Energies reported strong FY26 results with revenue from operations growing 20% to Rs 78,244 million from Rs 65,187 million in FY25. Profit after tax surged 61% to Rs 15,097 million from Rs 9,371 million, with diluted EPS of Rs 33.63 versus Rs 21.35 prior year. The Board approved raising up to Rs 5,000 crores via QIP or other permissible modes, subject to shareholder approval. The Company Secretary resigned (internal transition) and was replaced by Mr. Hitesh Kumar Jain with 25+ years experience. Deloitte Haskins & Sells is being re-appointed for a second 5-year term as statutory auditor, and Protiviti India continues as internal auditor. The statutory auditor issued an unmodified opinion on the annual results.
Strong financial performance with 20% revenue growth and 61% PAT growth indicates robust business momentum. The Rs 5,000 crore fund raise plan suggests expansion plans. Clean audit opinion without any qualifications provides investor confidence.