Solar Industries India Credit Rating
Solar Industries India Limited received an [ICRA]A1+ rating for its commercial paper of Rs. 500 Crore from ICRA Limited.
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Solar Industries India Limited received an [ICRA]A1+ rating for its commercial paper of Rs. 500 Crore from ICRA Limited.
CRISIL Ratings Limited has placed the bank loan facilities and non-convertible debentures of Solar Industries India Limited on 'Rating Watch with Developing Implications'.
Solar Industries India Limited has confirmed the redemption of Commercial Paper worth ₹75 Crore, fulfilling its payment obligation on the due date.
Solar Industries announced the acquisition of Omnia Holdings (South Africa) to create an integrated global explosives platform. Management projects consolidated FY28 revenue exceeding ₹30,000 crores with EBITDA near ₹7,000 crores.
Solar Industries India will acquire South Africa’s Omnia Holdings Limited in an all-cash deal valued at ₹12,951 Crore, expanding its global mining and explosives footprint.
ICRA has reaffirmed the [ICRA]A1+ rating on the company's commercial paper programme of Rs. 500 Crore. This maintains the company's current debt credit profile.
Solar Industries India Limited clarified that media reports regarding a potential acquisition in South Africa are speculative. The company stated no material information remains undisclosed to the exchanges.
Solar Industries India Limited reported a 70% YoY revenue growth to ₹3,668 crore for Q1FY27. Net profit increased 89% to ₹666 crore, supported by a ₹21,350 crore order book.
Solar Industries delivered stellar Q1FY27 results with significant growth across all key financial metrics, driven by strong performance in domestic, international, and defense segments.
Solar Industries India Ltd reported revenue from operations of ₹3,668 Cr (+70.3% YoY) and net profit of ₹666.4 Cr (+89.0% YoY) for Q1 FY27.
Solar Industries India Limited conducted its 31st Annual General Meeting on August 11, 2026. Shareholders approved a final dividend of Rs. 11 per equity share.
Solar Industries India Ltd has scheduled a board meeting on August 13, 2026, to approve the company's unaudited standalone and consolidated financial results for the June quarter.
Solar Industries has issued a notice to shareholders regarding the 31st AGM and the FY 2025-26 Integrated Annual Report web-link.
Solar Industries India Limited has submitted its Business Responsibility and Sustainability Report for FY 2025-26, along with an Independent Reasonable Assurance Report.
Solar Industries India Limited has issued the notice for its 31st Annual General Meeting scheduled for August 11, 2026.
Solar Industries India Ltd filed its Integrated Annual Report for FY 2025-26, including the notice for the 31st AGM and record date for final dividend.
Solar Industries incorporated Solar SA Investments (Pty) Ltd as a step-down subsidiary in South Africa. The investment of ZAR 12,000 supports internal group restructuring.
Solar Industries India received an INR 1076 Crore export order for defence products. The contract will be executed over a three-year period.
Solar Industries delivered record FY26 performance with 30% revenue growth and 35% PAT growth, driven by defense and international business.
Solar Industries delivered stellar FY26 performance with 30% revenue growth and 35% PAT growth. Management issued strong FY27 guidance targeting ₹14,000cr revenue, driven by defense and international markets.
Solar Industries India Ltd reported revenue from operations of ₹3,053 Cr (+40.9% YoY) and net profit of ₹556 Cr (+60.6% YoY) for Q4 FY26.
Solar Industries India scheduled a board meeting for May 15, 2026. Directors will consider annual audited financial results and a potential final dividend recommendation.
Solar Industries India Limited announced the resignation of Additional Non-Executive Independent Director, Shri Kirit Ramesh Kamdar, effective May 06, 2026. The director resigned due to unavoidable professional commitments, confirming there are no other material reasons for his departure. The company has taken the resignation on record.
Solar Industries India Limited received a credit rating upgrade on its outlook from CRISIL Ratings. The ratings for its ₹1,479.50 Crore bank facilities and ₹35 Crore NCDs were reaffirmed at CRISIL AA+, with the outlook revised from 'Stable' to 'Positive' due to improved business risk profiles and defense sector growth.
Solar Industries India Ltd submitted its annual disclosure for FY 2025-2026 under the Large Corporate framework. The company reported outstanding borrowings of ₹141.67 Crore as of March 31, 2026. It confirmed it is not classified as a Large Corporate as per the SEBI applicability criteria for the period.
Solar Industries India Limited submitted its initial disclosure confirming it is not classified as a Large Corporate as of March 31, 2026. The company reported outstanding borrowings of ₹141.67 Crore and maintains a CRISIL AA+/Stable credit rating. This regulatory filing complies with SEBI debt fund raising norms.