Premier Energies Ltd has announced the completion of its acquisition of 51 per cent stake in HeliosAnthos Energies Private Ltd, making it a subsidiary of the company.
The acquisition was conducted through a preferential allotment via private placement at a total consideration of ₹10.45 lakh. This move is part of Premier Energies’ strategy to enhance its portfolio in the renewable energy sector, specifically in collaboration with BA Prerna Renewables Private Limited.
(This article was generated using AI)