Sterling and Wilson Renewable Energy Legal & Regulatory
The GST authority in Jaipur issued an order imposing a tax demand and penalty of approximately ₹13.86 Crore each on the Company.
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The GST authority in Jaipur issued an order imposing a tax demand and penalty of approximately ₹13.86 Crore each on the Company.
CGST Jaipur demanded ₹27.72 Cr tax and penalty from Sterling and Wilson for Nov 2020 to Nov 2021. Company states demand is largely covered by promoter indemnity.
Sterling and Wilson Renewable Energy secured domestic and international orders totaling over INR 985 Crore. The wins include a 534.3 MWp solar order and 616 MWh storage projects.
Sterling and Wilson's subsidiary, SWSS, has initiated a new arbitration against OEG Inc. regarding undetermined counterclaims. A three-member arbitration panel has been constituted.
Mr. Sandeep Mathew, Senior Vice President - Investor Relations and Senior Management Personnel, has resigned from the company effective July 31, 2026.
Acuite Ratings downgraded Sterling and Wilson Renewable Energy's long-term rating to 'ACUITE BBB-' and short-term rating to 'ACUITE A3'. The outlook remains Negative.
Sterling and Wilson reported Q1 FY27 revenue of INR 1,590 crores and PAT of INR 53 crores, driven by record UOV of INR 13,000 crores following a landmark USD 560 million Egypt order win.
Sterling and Wilson Renewable Energy Ltd has submitted its quarterly shareholding pattern for the period ended June 30, 2026, as per regulatory filing requirements.
Sterling and Wilson reported Q1 FY27 revenue of INR 1,590 Cr with a PAT of INR 53 Cr, up 36% YoY. Focus remains on utility-scale solar EPC and O&M services.
Sterling and Wilson Renewable Energy won a marquee USD 560 million solar-plus-storage project in Egypt. The company's total unexecuted order value reached a record Rs. 13,000 Crore.
Sterling and Wilson Renewable Energy Ltd reported revenue from operations of ₹1,590 Cr (-9.7% YoY) and net profit of ₹53.3 Cr (+37.7% YoY) for Q1 FY27.
Sterling and Wilson's subsidiary initiated arbitration against Shell Australia for claims totaling approximately ₹284.81 Crore. The dispute concerns EPC and O&M contracts for a solar farm.
Sterling and Wilson Renewable Energy will hold a board meeting on July 16, 2026. The board will approve unaudited financial results for the June quarter.