Solarworld Energy Solutions Ltd

Solarworld Energy Solutions Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure will be effective from Wednesday, July 01, 2026, and will remain in effect until 48 hours after the declaration of the company's Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. The company has advised all concerned individuals not to trade in its securities during this period, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The date for the Board of Directors' meeting to approve these financial results will be communicated separately.

Solarworld Energy Solutions Ltd announced its audited financial results for the quarter and year ended March 31, 2026. Total income for FY26 stood at ₹14,160.66 Mn, a 157% YoY increase. Profit After Tax (PAT) reached ₹1,204.74 Mn in FY26, compared to ₹770.48 Mn in FY25. The company's total order book value stood at ₹28,130.42 Mn as of March 31, 2026. The company commissioned a 1.552GW module manufacturing facility in Roorkee and is developing a 1.2 GW solar cell facility.

Solarworld Energy Solutions Ltd announced the appointment of Mr. Kartik Teltia, Managing Director, as Chairman of the Board, effective May 26, 2026. This follows the resignation of Ms. Rini Chordia as Chairperson and Independent Director. The Board also approved the audited financial results for the year ended March 31, 2026, and reconstituted various committees, effective May 27, 2026. The revised composition of the committees is available on the company's website.

Solarworld Energy Solutions Ltd. announced the approval of audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during its Board Meeting on May 26, 2026. The board also approved the reconstitution of various committees following the resignation of Ms. Rini Chordia as Chairperson and Independent Director. Mr. Kartik Teltia was appointed as Chairman of the Board, in addition to his role as Managing Director. The revised composition of the Board committees is available on the company's website.

Solarworld Energy Solutions Ltd. announced the approval of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during its Board Meeting on May 26, 2026. The board also noted the resignation of Ms. Rini Chordia as Chairperson and Independent Director, leading to the reconstitution of various board committees effective May 27, 2026. Mr. Kartik Teltia was appointed as Chairman of the Board in addition to his role as Managing Director.

Ms. Rini Chordia has resigned from her position as Chairperson and Independent Director of Solarworld Energy Solutions Ltd, effective from the close of business hours on May 26, 2026. The resignation is due to pre-occupation and other personal commitments. Ms. Chordia also confirmed that there are no other material reasons for her resignation besides those mentioned in her resignation letter dated May 23, 2026. Consequently, she will also be stepping down from various committee positions.

Ms. Rini Chordia has resigned from her position as Chairperson and Independent Director of Solarworld Energy Solutions Ltd, effective from the close of business hours on May 26, 2026. Her resignation also includes stepping down from various committees. The company has confirmed that there are no material reasons for her resignation other than those stated in her resignation letter dated May 23, 2026.

Solarworld Energy Solutions Ltd has scheduled a Board of Directors meeting on May 26, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The trading window, which closed on April 1, 2026, will remain closed until 48 hours after the declaration of the results.

Solarworld Energy Solutions Ltd. has released the Monitoring Agency Report by CRISIL Ratings Limited for the quarter ended March 31, 2026. The report, pursuant to Regulation 32(6) of SEBI regulations, concerns the utilization of proceeds from the company's IPO and pre-IPO. CRISIL Ratings confirms no deviations from the stated objectives. The report declares an objective view of the utilization of issue proceeds based on information provided by the Issuer.

Solarworld Energy Solutions Ltd has appointed Mr. Rajiv Gupta, Ms. Ritu Hastir, Mr. Subhash Kumar Changoiwala, and Mr. Upendra Goyal as Additional Independent Directors, effective May 1, 2026, for a term of five years, subject to shareholder approval. The company also approved alterations to its Memorandum of Association, including deleting clauses related to the food products business and inserting new sub-clauses related to Sections 179, 180, 185, and 186 of the Companies Act, 2013. A postal ballot will be conducted to seek shareholder approval for these matters.