Solex Energy (SOLEX) — Corporate Action

📢 Key Event
Solex Energy declared a final dividend of ₹0.55 per share and reappointed key directors ahead of its 12th AGM.

🔄 What Changed
Dividend declaration, director reappointments, and approval of ₹300 crore related-party transactions and ₹2,000 crore borrowing limit.

🔮 What's Next
The company plans to explore finance options from lenders and improve cash flow to boost future profitability.

💡 Investor Takeaway
Shareholders receive ₹0.55 per share dividend, and governance changes signal continued leadership stability with expanded financial flexibility.

Solex Energy announced a final dividend of ₹0.55 per share for FY 2025-26, payable after the 12th AGM on 22 September 2026, with a record date of 15 September 2026. Dr. Chetan Shah was reappointed Chairman and Managing Director with revised remuneration, while Mr. Piyush Chandak was appointed Whole-time Director. Shareholders approved material related-party transactions up to ₹300 crore with Solex Green Energy and increased borrowing limits to ₹2,000 crore. The AGM will be held via video conference with e-voting via NSDL/CDSL systems.

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About Solex Energy Ltd (SOLEX)

Capital Goods · Capital Goods - Electrical Equipment · Listed on BSE

Market Cap: ₹711.45 Cr P/E: 8.9 ROE: 50.9% ROCE: 47.7%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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