Deals1 Sept 2025, 07:21 pm
Websol Energy System Approves 4 GW Solar Cell, 4 GW Solar Module Capacity Expansion; Announces Stock Split
AI Summary
Websol Energy System Ltd. has approved a phased expansion plan of its manufacturing capacity by a total of 4 GW of solar cells and 4 GW of solar modules through a wholly owned subsidiary. The expansion will be executed in two phases, III and IV, by June 2027 and June 2028, respectively. The total investment for both phases will be financed through a combination of internal accruals and lending facilities from financial institutions. The company also announced a stock split in the ratio of 1:10, subject to approval of the Company’s shareholders at the Annual General Meeting to be held on 29th September 2025.
Key Highlights
- Websol Energy System Ltd. to expand its manufacturing capacity by 4 GW of solar cells and 4 GW of solar modules in two phases.
- The expansion will be financed through a combination of internal accruals and lending facilities from financial institutions.
- The company announced a stock split in the ratio of 1:10, subject to shareholder approval at the AGM.
- The expansion will strengthen Websol’s market position in clean energy adoption and its ability to deliver high-efficiency solar based products.
- The integrated facilities with advanced technology represent the future of solar manufacturing in India.