Solex Energy Ltd

Partnership

Solex Energy Partnership

Solex Energy Limited signed an MoU with the Government of Gujarat to establish a ₹4,000 Crore manufacturing hub. The project includes a 5 GW Solar PV Cell facility and a 10 GW Battery Energy Storage System (BESS) facility. The state government will facilitate land acquisition and necessary regulatory approvals for the multi-phase development.

Value

₹4,000 Cr

Other Announcement

Solex Energy Other Announcement

Solex Energy Limited will showcase its advanced solar module technologies, including the Tapi RC, Tapi R, and Ganga Series, at the Renew X event in Chennai from April 27–29, 2026. The company aims to expand its footprint in South India's high-growth renewable energy market using its Industry 4.0-enabled 4 GW manufacturing facility.

Promoter Buying (Off-Market)

Solex Energy Promoter Buying (Off-Market)

Solex Energy Limited promoters entered into twelve share purchase agreements on April 17, 2026, for the inter se transfer of equity shares. These transactions aim for internal realignment of shareholding within the promoter group. The realignment does not impact the company's business operations or financial position.

Promoter Buying (Off-Market)

Solex Energy Promoter Buying (Off-Market): ₹73.98 Cr

Solex Energy Limited promoter Dr. Chetan Shah proposes to acquire 8,22,000 shares (7.61% stake) via an internal inter-se transfer from eight other promoters. The transaction, valued at ₹73.98 Crore at ₹900 per share, consolidates holdings within the promoter group while keeping total promoter shareholding unchanged.

Value

₹73.98 Cr

Execution

Within Six Months from April 17, 2026

Other Announcement

Solex Energy Other Announcement

Solex Energy Limited submitted its quarterly compliance certificate for the period ended March 31, 2026. The certificate, issued by KFin Technologies Limited, confirms that the company's entire shareholding is in electronic mode and no rematerialisation requests were received during the quarter.