365Telugu.com online news, Hyderabad, June 21st, 2024 : Premier Energies Limited has been recognized as among the Best in Industry in the Energy, Oil & Gas sector for 2024 by Great Place To Work in India. This recognition has been awarded to the company for creating and sustaining a High-Trust, HighPerformance culture.
Premier Energies has also achieved the Great Place to Work certification for three consecutive periods: from March 2022 to March 2023, February 2023 to February 2024, and February 2024 to February 2025
Premier Energies is one of India’s leading integrated solar cell and solar module manufacturers with an annual installed capacity of 2 GW and 3.36 GW, respectively, as of March 31, 2024, according to the F&S Report. In relation to solar cells alone, it is also one of the leading domestic manufacturers in terms of annual installed capacity as of March 31, 2024., according to the F&S Report*.
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Chiranjeev Singh Saluja, Managing Director of Premier Energies Limited, said, ‘We are immensely proud to have been recognized as a Great Place To Work in India for third consecutive year and Best in Industry in the Energy, Oil & Gas sector. This recognition underscores our commitment to employee well-being. We are also proud of our progress in diversity and inclusion, with increasing female representation across the company. We remain dedicated to launching initiatives aimed at promoting employee welfare.’
Report titled “Industry Report on Solar Cell and Module Market” dated April 18, 2024 prepared and issued by Frost & Sullivan (India) Private Limited, exclusively commissioned and paid for by the Company in connection with its initial public offering.
“Premier Energies Limited (“Company”) is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to undertake an initial public offering of its equity shares and has filed a draft red herring prospectus dated April 19, 2024 (“DRHP”) with the Securities and Exchange Board of India (“SEBI”).
The DRHP is available on the websites of SEBI at www.sebi.gov.in, stock exchanges i.e., BSE at www.bseindia.com and NSE at www.nseindia.com, respectively and is also available on the website of our Company at www.premierenergies.com and websites of the book running lead managers, i.e. Kotak Mahindra Capital Company Limited at https://investmentbank.kotak.com, J.P. Morgan India Private Limited at www.jpmipl.com, and ICICI Securities Limited at www.icicisecurities.com, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see the section titled “Risk Factors” on page 31 of the DRHP. Potential investors should not rely on the DRHP filed with SEBI in making any investment decision.
These materials are not for distribution, directly or indirectly, in or into the United States (including its territories and possessions,any State of the United States and the District of Columbia). These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The equity shares have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “Securities Act”).
The equity shares may not be offered or sold in the United States except pursuant to an exemption from, or in transactions not subject to, the registration requirements of the Securities Act. There will be no public offer of equity shares in the United States.”