Solarium Green Energy Ltd

Solarium Green Energy Limited informed the BSE Limited that its board approved the draft Directors’ Report for the financial year 2025-26 and scheduled the 4th Annual General Meeting for September 29, 2026, at 1:00 P.M. (IST) via video conferencing or other audio-visual means, further approving the appointment of National Securities Depository Limited as the Remote E-Voting Agency and M/s. SCS & Co. LLP as Scrutinizer for the e-voting process.

Solarium Green Energy Ltd announced credit rating actions from multiple agencies, including CARE Ratings Limited, CARE Ratings Ltd., and CareEdge Ratings. CARE Ratings Limited assigned a CARE BBB-; Stable / CARE A3 rating to Long Term / Short Term Bank Facilities amounting to Rs 10.00, reaffirmed a CARE BBB-; Stable/ CARE A3 rating to Long Term / Short Term Bank Facilities with an enhanced limit from Rs 47.00 to Rs 70.00, assigned a CARE A3 rating to Short Term Bank Facilities of Rs 13.00, and withdrew a Long Term Bank Facilities rating of Rs 0.00; additionally, CARE Ratings Ltd. reported ratings reflecting opinions as on the date of the rating, and noted that some bank facilities are under review due to a lack of cooperation from the issuer, while CareEdge Ratings indicated that ratings reflect opinions as on the date of the rating, with no specific instrument details provided.

Solarium Green Energy has received a Letter of Award (LOA) dated 22 June 2026, as a sub-contractor, for execution of End-to-End Engineering, Procurement and Construction (EPC) works, including Three (3) Years of Operation and Maintenance (O&M) services, for a 50 MW AC/65 MW DC Solar PV Power Project in the State of Maharashtra, awarded under a project of Maharashtra State Power Generation Company (MAHAGENCO). The total order value is approximately Rs 186.525 crore exclusive of GST.

The order has been awarded under a project of Maharashtra State Power Generation Company (MAHAGENCO), with Solarium Green Energy acting as a subcontractor. The contract includes end-to-end engineering, procurement, and construction (EPC) works, along with operation and maintenance (O&M) services for a period of three years. The contract entails turnkey execution of the solar power project and post-commissioning O&M services. The EPC execution schedule will be governed by the definitive agreement to be executed between the parties. The company stated that neither its promoters nor promoter group entities have any interest in the awarding entity. The contract does not qualify as a related-party transaction. Solarium Green Energy is engaged in residential rooftop & government EPC as well as C & I and ground-mount solar projects as primary segments. On a full-year basis, the company's consolidated net profit rose 18.1% to Rs 15.89 crore, while revenue from operations increased 29.7% to Rs 230.08 crore in FY25 compared with FY24.Powered by Capital Market - Live

Solarium Green Energy will hold a meeting of the Board of Directors of the Company on 29 May 2026.

The orders involve the supply of BIS-certified 715/720 Wp TOPCon N-type bifacial dual glass solar panels, along with inspection, packing and transportation. Deliveries will be made to project sites in Karnataka, Tamil Nadu, Andhra Pradesh and Puducherry. The first order, valued at around Rs 14.10 crore, includes supply to multiple locations in Karnataka, Tamil Nadu and Andhra Pradesh, with a booking advance of Rs 5 lakh and the balance payable before dispatch. The second order, worth approximately Rs 8.40 crore, pertains to supply in Puducherry, with payment terms of 30% advance and 70% prior to dispatch. Deliveries are scheduled within seven days of buyer confirmation, with an initial partial delivery of 10 MW and overall completion targeted by mid-May 2026. The modules come with a 12-year warranty against manufacturing and technical defects, along with a 30-year linear power output warranty. The company clarified that the orders are domestic in nature and do not fall under related party transactions. It also confirmed that promoters and promoter group entities have no interest in the awarding entities. Solarium Green Energy is engaged in Residential Rooftop & Government EPC as well as C & I and Ground mount Solar Project as primary segment. On a full-year basis, the company's consolidated net profit rose 18.1% to Rs 15.89 crore, while revenue from operations increased 29.7% to Rs 230.08 crore in FY25 compared with FY24. Powered by Capital Market - Live

Solarium Green Energy will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live

The scope of work includes the supply of plant and equipment, installation services, civil and allied works, and long-term operation and maintenance (O&M) of the rooftop solar system. The total contract value is Rs 4,34,70,663 (excluding GST), comprising Rs 3,03,05,909 for the ex-works supply of equipment, Rs 47,98,983 for installation and service components including local transportation and inland transit insurance, and Rs 83,65,771 for a 10-year O&M service contract. The entire project is scheduled to be completed within 180 days from the date of the NOA. Solarium Green Energy has clarified that this order does not involve any related party transactions, and that neither the promoter nor the promoter group holds any interest in NVVN. This project win marks a significant step in Solarium's strategy to expand its renewable energy footprint across institutional infrastructure. The company continues to support India's green energy transition by delivering sustainable and scalable solar solutions. Solarium Green Energy is engaged in Residential Rooftop & Government EPC as well as C & I and Ground Mount Solar Project as primary segment. On a full-year basis, the company's consolidated net profit jumped 18.1% to Rs 18.59 crore on a 29.7% surge in revenue from operations of Rs 230.08 crore in FY25 over FY24. Powered by Capital Market - Live

Solarium Green Energy announced that the Annual General Meeting(AGM) of the company will be held on 5 September 2025.Powered by Capital Market - Live

Solarium Green Energy will hold a meeting of the Board of Directors of the Company on 3 May 2025.Powered by Capital Market - Live