Solarworld Energy Solutions Limited (SOLARWORLD)
Announcement under Regulation 30 (LODR)- Update on Litigation
Update on litigation involving subsidiary ZNShine Solarworld Pvt Ltd
- Appeal allowed by Joint Commissioner (Appeal), Uttarakhand on Sep 23, 2026
- Penalty of ₹1.22 crore imposed under Section 129 annulled
- Goods confirmed as genuine imports; procedural lapse found, no tax evasion
- Deposited amount of ₹12.2 lakh to be refunded or adjusted
- Detained goods and vehicle to be released immediately
Source: Original filing PDF
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🚨 SOLARWORLD — 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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