Solex Energy Ltd

The approval covers the company's manufacturing facility located at Tadkeshwar on the Kim'Mandvi Road in Surat, Gujarat. The plant has been listed with an annual solar photovoltaic module manufacturing capacity of 3,782 MW, reflecting the company's ongoing expansion in domestic solar manufacturing. The ALMM listing includes several high-efficiency bifacial N-Type TOPCon solar modules with power ratings of up to 625 Wp. These modules are designed to deliver higher efficiency and improved performance for large-scale solar power projects. The company said inclusion in the ALMM framework ensures that its modules meet the quality, reliability and domestic manufacturing standards mandated by the Government of India for solar projects supported under public procurement and government programmes. Dr. Chetan Shah, chairman and managing director of Solex Energy, said, The expansion of our manufacturing capacity under MNRE's ALMM framework reflects the strong and growing demand for Solex's high-quality solar modules across the market. At Solex, we continuously invest in advanced manufacturing capabilities to scale our production and support our customers with reliable, high-efficiency solar solutions. This capacity expansion reinforces our commitment to strengthening India's domestic solar manufacturing ecosystem while accelerating the transition towards clean and sustainable energy. Gujarat-based Solex Energy has been operating in the solar industry since 1995 and manufactures photovoltaic modules from its automated facility in Gujarat while also providing EPC solutions across utility, commercial and industrial solar segments. On a consolidated basis, net profit of Solex Energy declined 38.01% to Rs 8.71 crore whle net sales rose 136.08% to Rs 317.90 crore in Q3 December 2025 over Q3 December 2024. Powered by Capital Market - Live

Net profit of Solex Energy declined 38.01% to Rs 8.71 crore in the quarter ended December 2025 as against Rs 14.05 crore during the previous quarter ended December 2024. Sales rose 136.08% to Rs 317.90 crore in the quarter ended December 2025 as against Rs 134.66 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales317.90134.66 136 OPM %8.1417.54 - PBDT18.0521.82 -17 PBT11.9619.31 -38 NP8.7114.05 -38 Powered by Capital Market - Live

Solex Energy will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live

The order involves the supply of 615 Wp and 620 Wp glass-to-glass (G12R) solar modules and is scheduled to be executed between February and May 2026, as per a regulatory filing. Solex Energy is engaged in renewable energy solutions. The company manufactures, distributes, and installs solar photovoltaic modules, home and street lights, lanterns, power plants, solar inverters, water heating systems, and wood-fired water heaters. Solex Energy also provides solutions for solar rooftop systems. The company's consolidated net profit declined 42.6% to Rs 5.22 crore, despite a 17.7% increase in revenue from operations to Rs 155.02 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

Net profit of Solex Energy declined 42.64% to Rs 5.22 crore in the quarter ended September 2025 as against Rs 9.10 crore during the previous quarter ended September 2024. Sales rose 17.66% to Rs 155.02 crore in the quarter ended September 2025 as against Rs 131.75 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales155.02131.75 18 OPM %11.9910.88 - PBDT12.3312.76 -3 PBT7.8910.78 -27 NP5.229.10 -43 Powered by Capital Market - Live

Solex Energy will hold a meeting of the Board of Directors of the Company on 10 November 2025.Powered by Capital Market - Live

Solex Energy announced that the 11th Annual General Meeting(AGM) of the company will be held on 29 September 2025.Powered by Capital Market - Live

Solex Energy announced that the Board of Directors of the Company at its meeting held on 12 May 2025, inter alia, have recommended the final dividend of Rs 0.55 per equity Share (i.e. 5.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Solex Energy will hold a meeting of the Board of Directors of the Company on 12 May 2025.Powered by Capital Market - Live

The domestic equity benchmarks erased all gains and traded in negative terrain in early afternoon trade. The Nifty traded below the 24,600 level. Realty shares extended gains for the second consecutive trading session. At 12:27 IST, the barometer index, the S&P BSE Sensex was down 64.05 points or 0.08% to 81,445.25. The Nifty 50 index lost 26.05 points or 0.11% to 24,592.95. In the broader market, the S&P BSE Mid-Cap index added 0.08% and the S&P BSE Small-Cap index shed 0.01%. The market breadth was positive. On the BSE, 1,946 shares rose and 1,894 shares fell. A total of 155 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 1.66% to 13.87. The Nifty 26 December 2024 futures were trading at 24,711.45, at a premium of 118.50 points as compared with the spot at 24,592.95. The Nifty option chain for the 26 December 2024 expiry showed maximum Call OI of 50.4 lakh contracts at the 26,000 strike price. Maximum Put OI of 68.4 lakh contracts was seen at 24,000 strike price. Buzzing Index: The Nifty Realty index rose 0.97% to 1,087.35. The index rallied 1.25% in two consecutive trading sessions. Raymond (up 11.59%), Phoenix Mills (up 2.59%), Macrotech Developers (up 1.33%), Brigade Enterprises (up 1.29%), Mahindra Lifespace Developers (up 0.72%), DLF (up 0.54%) and Godrej Properties (up 0.42%) advanced. On the other hand, Sobha (down 2.8%), Oberoi Realty (down 0.23%) and Prestige Estates Projects (down 0.05%) edged lower. Stocks in Spotlight: Solex Energy rallied 4.07% after the company announced that it has received a work order worth Rs 29 crore from Zodiac Energy for supply of solar PV Modules. NACL Industries soared 10.95% after the company said that its board will meet on Thursday, 12 December 2024, to consider and evaluate proposals for fundraising. NBCC (India) shed 0.22%. The company informed that it has received an order worth Rs 432 crore from Central University of Odisha.Powered by Capital Market - Live