Solarium Green Energy Ltd

Solarium Green Energy Ltd has received a Letter of Award (LOA) for End-to-End Engineering, Procurement and Construction (EPC) works, including three years of Operation and Maintenance (O&M) services, for a 50 MW AC/65 MW DC Solar PV Power Project in Maharashtra. The project is awarded under a scheme by Maharashtra State Power Generation Company Limited (MAHAGENCO). The total order value is approximately ₹186.525 Crore, exclusive of GST. Solarium Green Energy will act as a sub-contractor for this project. This award is expected to bolster the company's standing in the renewable energy sector and contribute to its revenue over the project's execution period.

Solarium Green Energy Limited has been recognized by the Ministry of New and Renewable Energy (MNRE), Government of India, as the Second Largest Vendor for solarizing residential homes under the PM Surya Ghar Muft Bijli Yojana. The award was presented at a national event organized by MNRE, acknowledging the company's significant contribution to residential solar installations. This recognition highlights Solarium Green Energy's strong position in the renewable energy sector and its role in promoting solar adoption across India.

Solarium Green Energy Ltd reports no deviation in the utilization of funds raised through its SME IPO for the half year and year ended March 31, 2026. The IPO, which raised ₹105.04 Cr on February 11, 2025, was reviewed by the Audit Committee on May 29, 2026. The funds were allocated to working capital (₹71.00 Cr), general corporate purposes (₹25.26 Cr), and issue-related expenses (₹8.78 Cr), with no deviations or variations reported.

Solarium Green Energy Ltd. announced the appointment of Mrs. Aditi Goyal as a Non-Executive Director and the resignation of Mrs. Priya Bansal from the same position, both effective May 29, 2026. These changes were approved during a Board Meeting held on the same date, where the board also reviewed and approved the audited financial results for the half year and year ended March 31, 2026.

Mrs. Priya Bansal resigned from her position as Non-Executive Director of Solarium Green Energy Ltd, effective May 29, 2026, due to personal reasons and other commitments. The resignation was noted during a Board Meeting held on the same day, where the board also approved the appointment of Mrs. Aditi Goyal as an Additional (Non-Executive) Director, subject to shareholder approval. The board also considered and approved the audited financial results for the year ended March 31, 2026.

Solarium Green Energy Ltd's board approved and recorded the audited standalone and consolidated financial results for the half year and year ended March 31, 2026, along with the audit report with unmodified opinion. The board also approved the appointment of Mrs. Aditi Goyal as an Additional (Non-Executive) Director, subject to shareholder approval, and noted the resignation of Mrs. Priya Bansal as Non-Executive Director, both effective May 29, 2026.

Solarium Green Energy Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the half year and year ended March 31, 2026. The meeting will also address other business matters. The trading window for dealing in the company's securities has been closed from April 1, 2026, until 48 hours after the declaration of the financial results.

Solarium Green Energy Ltd has released a Monitoring Agency Report by Acuite Ratings & Research Limited for the quarter and half-year ended March 31, 2026, as per SEBI regulations. The report, dated May 14, 2026, confirms no deviation from the objects of the Initial Public Offer. It is available on the company's website.

Solarium Green Energy Ltd. has announced receipt of a Letter of Award (LOA) dated April 01, 2026, as a sub-contractor for execution of End-to-End Engineering, Procurement and Construction (EPC) works for a 50 MWac Solar PV Power Project in Maharashtra. The total order value is approximately ₹188.525 Crore (Rupees One Hundred Eighty-Eight Crore Fifty-Two Lakh and Fifty Thousand only) exclusive of GST. This order is expected to strengthen the Company’s presence in the renewable energy sector and contribute to the Company’s revenues over the project execution period.

Solarium Green Energy Ltd, in accordance with SEBI (Prohibition of Insider Trading) Regulation, 2015 and the company’s Code of Internal Procedures and Conduct for Prevention of Insider Trading in Securities, has announced the closure of the trading window for dealing in securities of the company by the Insiders. The closure will be effective from Wednesday, April 01, 2026, and will continue for 48 hours after the declaration of the Financial Results for the half year and year ended on March 31, 2026. The date of the Board Meeting to consider the Financial Results for the half year and year ended on March 31, 2026, will be intimated in due course. All Designated Persons and their immediate relatives are advised not to trade in the securities of the Company during the aforesaid period of trading window closure.