28 Oct 2025

"Premier Energies Acquires 51% Stake in Transcon Ind, Expanding into Power Transformer Manufacturing"

"Premier Energies Limited has acquired a 51% controlling stake in Transcon Ind Limited, marking its entry into the power transformer manufacturing sector. The acquisition was advised by Shardul Amarchand Mangaldas & Co, with a team led by partners Kushal Sinha and Dhrupad Pant. This move expands Premier Energies' presence in India's growing energy infrastructure market."

Shardul Amarchand Mangaldas & Co advised Premier Energies Limited in its acquisition of a 51% controlling stake in Transcon Ind Limited. This transaction marks Premier Energies' entry into the power transformer manufacturing segment, thereby expanding its footprint in India's rapidly growing energy infrastructure ecosystem. The transaction team from Shardul Amarchand Mangaldas was led by Partners Kushal Sinha and Dhrupad Pant, with support from Principal Associate Ishita Sehgal, and Associates Pratyush Gupta, Suryansh Srivastava, Yash Goyal, and Abhishek Choudhary.
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