Solar Industries India Limited (SOLARINDS)
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.
Solar Overseas Mauritius Limited, a wholly owned subsidiary of Solar Industries India Limited, incorporated Solar Explochem Proprietary Limited in Botswana on September 29, 2026. The new entity operates in the explosives industry as part of business expansion. Initial capital subscription was USD 325,000 in cash. Solar Industries holds 65% control as a step-down subsidiary.
Source: Original filing PDF
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🚨 SOLARINDS — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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