Solar Industries India | Business Upturn

Solar Industries India announces resignation of independent director Kirit Ramesh Kamdar

Yash Agarwal — Wed, 06 May 2026 15:03:16 +0000

Solar Industries India has announced the resignation of Shri Kirit Ramesh Kamdar from his position as an Additional Non-Executive Independent Director, effective from 6 May 2026. The resignation comes as a result of unavoidable professional commitments, as stated by Kamdar in his resignation letter.

The company confirmed that there are no material reasons for Kamdar’s resignation other than those mentioned in his resignation letter. This has been corroborated by a confirmation from Kamdar himself, ensuring transparency in the resignation process.

The resignation was communicated in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all relevant details as required under the regulation, along with a copy of the resignation letter, as part of their official communication to the National Stock Exchange of India and BSE Limited.

Kamdar’s resignation does not affect any other directorships or board committee memberships, as he does not hold any such positions in other listed entities.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Solar Industries announces transfer of equity shares to IEPF

Arunika Jain — Fri, 24 Apr 2026 09:42:52 +0000

Solar Industries India has announced the transfer of equity shares to the Investor Education and Protection Fund (IEPF). The company has published notices to shareholders regarding this transfer in the Business Standard (All India Edition) and Loksatta (Nagpur Edition) newspapers.

The transfer of shares to the IEPF is in compliance with the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. This move ensures that unclaimed dividends and shares are transferred to the IEPF, a fund established by the Government of India to protect investors’ interests.

The notices published in the newspapers serve as an official communication to the shareholders, informing them about the transfer process and the implications for their equity shares. Shareholders are advised to take note of this transfer and reach out to the company for any clarifications or further information.

Solar Industries India, a prominent player in the explosives and defence sector, continues to adhere to regulatory requirements, ensuring transparency and accountability in its operations.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Solar Industries India confirms Rs 100 crore commercial paper payment

Yash Agarwal — Mon, 23 Mar 2026 12:21:41 +0000

Solar Industries India has confirmed the fulfilment of its payment obligation for a commercial paper issued in December 2025. The company successfully redeemed the commercial paper amounting to ₹100 crore on its maturity date, March 23, 2026.

The commercial paper, with ISIN INE343H14212, was issued in favour of Kotak Mahindra Bank Limited. The company had previously informed stakeholders about this issuance on December 23, 2025. The payment was made in full on the due date, ensuring compliance with the terms of the commercial paper and the regulations set by the Securities and Exchange Board of India (SEBI).

This transaction aligns with the regulatory requirements under Regulation 30 and 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Solar Industries India has maintained its commitment to financial obligations, reinforcing its credibility in the financial markets.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Solar Industries corrects insider trading disclosure dates to March 2026

Business Desk — Thu, 12 Mar 2026 10:56:35 +0000

Solar Industries India has issued a corrigendum to a previous disclosure under SEBI’s insider trading regulations, correcting key dates.

The company clarified that the correct dates for the allotment advice, acquisition, or sale of shares should be March 9, 2026, with the date of intimation to the company being March 10, 2026. The earlier filing mistakenly listed these dates as November 9 and 10, 2026. Solar Industries has resubmitted the corrected disclosure in XBRL format to the National Stock Exchange of India.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Solar Industries India secures Rs 580 crore export order for defence products

Aman Shukla — Sat, 09 Nov 2024 12:07:09 +0000

Solar Industries India Limited has recently informed exchanges that the company has received export orders for defense products worth INR 580 crore from an international client. The orders, to be executed over the next five years, come from an international client, strengthening Solar Industries’ global presence and commitment to meeting defence sector needs.

The company will supply high-quality defence products, adhering to the stringent terms and conditions outlined in the contract.

Key Highlights:

Order Value: INR 580 Crores
Duration: 5 years
Client: International entity
Product Type: Defence products

This major order positions Solar Industries as a reliable player in the international defence market, further expanding its global footprint.

Solar Industries India bags major order worth Rs 887 crores from Singareni Collieries

Aman Shukla — Tue, 05 Nov 2024 06:16:19 +0000

Solar Industries India Limited recently informed exchanges that the company has received an order worth ₹887 crores from Singareni Collieries Company Limited. This order, aimed at enhancing mining operations, focuses on the supply of SME explosives, LDC explosives and initiating systems for blasting overburden. The contract is scheduled for execution over a period of two years.

Key Highlights of the Order

Order Value: The total value of the contract amounts to ₹887 Crores
Nature of the Contract: The order entails the supply of critical materials, including SME explosives, LDC explosives, and initiating systems, which are essential for effective blasting operations in mining.
Domestic Award: This contract is awarded by Singareni Collieries Company Limited
Execution Timeline: The contract execution is set for two year

Solar Industries India secures Rs 399.4 crores export order

Aman Shukla — Mon, 04 Nov 2024 09:13:00 +0000

Solar Industries India Limited has recently informed exchanges that the company bagged an export contract worth INR 399.4 crore for the supply of defence products over 3 years. This order is from an international client who is not related to the company’s promoters.

Key Highlights of the Export Order

Order Value: The contract is valued at INR 399.4 Crores.
Scope of Delivery: Under this order, Solar Industries will supply an array of defence products.
International Collaboration: Awarded by an undisclosed international client.
Execution Timeline: The order will be fulfilled over a three-year period.

This order is a testament to the trust and reliability that Solar Industries has cultivated over the years, particularly in the defence domain