Premier Energies Limited has incorporated a wholly owned subsidiary, Premier Energies GWC Private Limited, for the manufacturing and processing of high-quality silicon ingots and wafers using advanced technologies and processes.
The subsidiary, which will focus on the solar cell segment, was incorporated on April 20, 2025, with an authorised share capital of Rs 1 million. Premier Energies GWC Private Limited is a related party and a wholly owned subsidiary. The entire paid-up share capital of 1,00,000 equity shares of Rs 10 each will be held by Premier Energies Limited.