Major global investors and Indian mutual funds acquired a 5.3% stake in Premier Energies through open market transactions worth around ₹2,291 crore, highlighting strong investor interest in India’s renewable energy sector.

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• Global financial institutions bought a 5.3% stake in Premier Energies.
• Total transaction value stood at around ₹2,291 crore.
• Shares were purchased through open market block deals on NSE.
• Investors included Nomura Asset Management and Capital Group.
• Other foreign investors included Abu Dhabi Investment Authority and Canadian pension funds.
• Several Indian mutual funds also participated in the transaction.
• Insurance companies including SBI Life and HDFC Life purchased shares as well.
• Nearly 2.4 crore shares were traded during the deal.
• Average purchase price was around ₹955 per share.
• Following the transaction, Premier Energies shares rose more than 3% on NSE.
• Promoters reduced their combined stake in the company after the sale.
• Promoter holding declined from around 63.9% to 58.6%.
• Premier Energies recently secured solar orders worth ₹2,577 crore.
• Orders include supply of 1,600 MW solar cells and modules.
• Execution of these orders is planned during FY27 and FY28.
• Company is expanding solar cell and module manufacturing capacity significantly.
• Rising investments reflect growing confidence in India’s renewable energy industry.