WEBSOL ENERGY SYSTEM LTD.

Websol Energy System Ltd has announced that its Board of Directors will convene on August 10, 2026. The primary agenda item for this meeting is to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the company confirmed that the trading window, which was closed from July 1, 2026, will remain shut until August 12, 2026, impacting trading of the company's equity shares.

Websol Energy System Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is effective from July 01, 2026, and will remain in effect until 48 hours after the announcement of the unaudited financial results for the quarter ending June 30, 2026. The company will separately intimate the date of the board meeting convened to approve these financial results. This measure is in compliance with SEBI regulations on insider trading.

Websol Green Projects Pvt Ltd, along with PACs, acquired 12,100,000 equity shares of Websol Energy System Ltd upon conversion of convertible warrants. This acquisition, under Regulation 29(2) of SEBI Regulations, increased Websol Green Projects' holding to 33,603,800 shares, representing 7.74% of the total share capital. The total diluted share/voting capital of Websol Energy after the acquisition is ₹43,41,63,470.

Websol Energy System Ltd filed its Statement of Deviation for the quarter ended March 31, 2026, concerning the utilization of funds raised through a preferential issue for equity shares upon warrant conversion. The company confirmed no deviation or variation in the utilization of these funds. Out of the total funds, ₹6.00 Cr was fully utilized for debt repayment. The remaining funds allocated for expansion of the renewable energy project (₹10.03 Cr utilized out of ₹42.10 Cr) and general corporate purposes (₹0.09 Cr utilized out of ₹16.03 Cr) are currently parked in a liquid state and will be utilized for their stated objects.

Websol Energy System Ltd announced strong financial results for Q4 FY26 and the full year FY26. For Q4 FY26, revenue surged 132.1% year-on-year to ₹401 crore, with PAT jumping 157.9% to ₹125 crore. The EBITDA margin for the quarter stood at 36.4%. For the full fiscal year FY26, the company reported a revenue of ₹1,049 crore, an 82.4% increase from FY25, and a PAT of ₹303 crore, up 95.8% year-on-year. The full-year EBITDA margin was 40.8%. Key business highlights include the initiation of an upgrade for a Mono PERC cell line to Topcon technology, increasing overall cell capacity to 1.35 GW. Cell Line-2 successfully ramped up, maintaining over 90% utilization. The company turned net cash surplus with ₹34 crore net cash and holds a strong order book of ₹1,161 crore as of March 31, 2026. Websol is well-positioned to capitalize on India's solar manufacturing opportunities, driven by supportive government policies and increasing demand.

Websol Energy System Ltd's Board of Directors, at a meeting held on April 27, 2026, approved the Standalone & Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026. The Board also recommended a final dividend of Re. 0.25 per equity share for FY26, subject to shareholder approval. Additionally, Mr. Sohan Lal Agarwal was re-appointed as Managing Director for a three-year term, and M/s RSM Astute Consulting Private Limited was appointed as the Internal Auditor for FY2026-27. The statutory auditors issued an unmodified opinion on the financial results.

The Board of Directors of Websol Energy System Ltd, at its meeting on April 27, 2026, approved the Standalone & Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026. The Board also recommended a final dividend of Re. 0.25 per equity share for FY26, subject to shareholder approval. Additionally, Mr. Sohan Lal Agarwal was re-appointed as Managing Director for a three-year term, and M/s RSM Astute Consulting Private Limited was appointed as the Internal Auditor for FY 2026-27. The Statutory Auditors provided an unmodified opinion on the financial results.

Websol Energy System Ltd has announced that its Board of Directors will convene on April 27, 2026. The primary agenda includes considering and approving the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Additionally, the Board will consider the recommendation of a final dividend, if any. In compliance with insider trading regulations, the trading window for designated persons and their immediate relatives, which closed on April 1, 2026, will remain shut until 48 hours post the declaration of these financial results.

Websol Energy System Ltd's promoter, Sohan Lal Agarwal, has pledged an additional 300,000 shares of the company. This encumbrance, created on March 16, 2026, represents 0.069% of the company's total share capital. The shares were pledged to AAMARA CAPITAL PRIVATE LIMITED, reportedly to secure funds raised due to a margin call. Following this event, the total encumbered shares held by the promoter group now amount to 8.56% of the total diluted share capital. The promoter's overall holding in Websol Energy System Ltd is 8.90%, indicating a substantial portion of their stake is now pledged.

Websol Energy System Ltd announced that Mrs. Ritu S Jain has resigned from her position as an Independent Director, citing time constraints as the reason. The resignation was received on 8th April, 2025, and took effect from the same date as per the Companies Act, 2013. Mrs. Jain confirmed that she does not hold directorship in any other listed entity. The company assures that all material information will be communicated in due course.