Ahasolar Technologies Ltd

AHASOLAR Technologies Limited reported no deviation or variation in the utilization of funds raised from its public issue dated July 17, 2023, for the half-year ended March 31, 2026. The company raised ₹1284.89 lacs. The statement, reviewed by the Audit Committee on May 28, 2026, confirmed that all funds were utilized as per the original objects, with no comments from the Audit Committee or auditors.

AHASOLAR Technologies Limited's Board of Directors, in a meeting held on May 28, 2026, approved the audited financial results for the half year and financial year ended March 31, 2026. Additionally, the Board appointed M/s. JHS & Associates LLP as the Internal Auditor and M/s. Mukesh H Shah & Co. as the Secretarial Auditor for the financial year 2026-27. The meeting commenced at 11:30 a.m. IST and concluded at 01:15 p.m. IST.

Ahasolar Technologies Limited's Board of Directors, in a meeting held on May 28, 2026, approved the Audited Financial Results for the half year and financial year ended March 31, 2026. Additionally, the Board appointed M/s. JHS & Associates LLP as the Internal Auditor and M/s. Mukesh H Shah & Co. as the Secretarial Auditor for the financial year 2026-27. The meeting commenced at 11:30 a.m. and concluded at 01:15 p.m. IST.

Ahasolar Technologies Ltd has announced the commencement of its 2.5 MW (DC) solar power plant in Himmatnagar, Sabarkantha district, Gujarat. The commercial operation began on May 21, 2026, as per regulatory filing under SEBI Listing Regulations.

Ahasolar Technologies Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the audited financial results for the half year and financial year ended March 31, 2026. The board will also consider the appointment of M/s. Mukesh H Shah & Co. as Secretarial Auditor and M/s. JHS & Associates LLP as Internal Auditor for FY 2026-27. The trading window for the company's equity shares has been closed from April 1, 2026, until 48 hours after the financial results are made public.

Ahasolar Technologies Limited has received a work order for consultancy services for Project Management Consultancy (PMC) for DC Capacity Upgradation of 5 MW Ramgarh, Jaisalmer Solar Plant from a domestic entity. The consultancy service is priced at approximately ₹10 Lacs (including GST). The order is to be executed within 15 months.

Ahasolar Technologies Ltd has received a work order for consultancy services for Project Management Consultancy (PMC) for DC Capacity Upgradation of 5 MW Ramgarh, Jaisalmer Solar Plant from a domestic entity. The consultancy service is valued at approximately ₹1 Crore (including GST) and is expected to be executed over 15 months. The name of the entity awarding the order is not disclosed due to confidentiality obligations.

Ahasolar Technologies Limited has announced the receipt of a work order from Mahatma Phule Renewable Energy and Infrastructure Technology Limited. The order is for providing Project Monitoring Consultant (PMC) services for 30MW (AC) distributed Grid-connected rooftop solar PV projects across various government buildings in Goa. The total value of this consultancy service is approximately ₹2.48 Crores, including GST. The project is a domestic consultancy contract and is expected to be executed within a period of 15 months. This order signifies a new business engagement for the company in the renewable energy sector.

Ahasolar Technologies Ltd received an email from stock exchanges on April 16, 2026, requesting clarification regarding significant movement in its security price. The company affirmed its adherence to Regulation 30 of the SEBI (LODR) Regulations, 2015, stating that it has consistently intimated the stock exchanges of all events and information bearing on its operations or performance, including all price-sensitive information. Ahasolar Technologies further confirmed that it is not aware of any undisclosed price-sensitive information that should have been intimated to the stock exchange. The company attributed the share price movement solely to market-driven factors, disclaiming any involvement.

Ahasolar Technologies Ltd has received a yearly disclosure from its promoters under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure states that the promoters and promoter group, represented by Piyushkumar Vasantlal Bhatt, held 11,39,020 shares, which is 36.95% of the company's total shares, as of March 31, 2026. No encumbrance of shares, directly or indirectly, was made during the financial year ended March 31, 2026. The company requests that this information be taken on record and acknowledged.