Solar Industries India Limited and its subsidiary have received export orders worth INR 1076 Crores for the supply of defence products to international clients. The orders are scheduled for execution over a period of three years, marking a significant development in the company's export portfolio.

Order Details

The company disclosed the receipt of these orders in a filing submitted to the exchanges. The contracts involve the supply of defence products specifically for international clients. The broad consideration for the orders is INR 1076 Crores.

Key Disclosures

The filing provided specific details regarding the nature and terms of the contracts:

The disclosure was made in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company confirmed that the promoter, promoter group, or group companies do not hold any interest in the entities awarding the orders. Furthermore, the transactions do not fall under related party transactions.

Solar Industries India Limited has submitted disclosures to the stock exchanges confirming that its promoters have not encumbered any shares during the financial year ended March 31, 2026. The declarations were filed in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosures cover the promoter group and persons acting in concert, providing transparency regarding the holding status of key shareholders.

The filing includes declarations from Kailash Chandra Nuwal, Founder and Promoter, who confirmed that neither he nor any member of his family, including Mrs. Indira Kailashchandra Nuwal and Mr. Rahul Nuwal, have encumbered any shares directly or indirectly. This confirmation extends to the KC Nuwal Group and persons acting in concert with them.

Manish Satyanarayan Nuwal, another Promoter of the company, declared that no shares have been encumbered directly or indirectly by him or his promoter group. His disclosure specifies that this status excludes shares already disclosed through System Driven Disclosure (SDD) during the financial year 2025-26.

Additionally, the Sohan Devi Nand Lal Nuwal Family Trust, a Promoter Trust of the company, stated that it has not encumbered any shares directly or indirectly. The declaration was submitted on behalf of the Trust by its authorised trustees, Kailash Chandra Nuwal and Indira Kailashchandra Nuwal.

The following table summarizes the disclosures received from the promoters:

The company submitted these disclosures to the National Stock Exchange of India Limited and BSE Limited on April 6, 2026. The filing was signed by Khushboo Pasari, Company Secretary & Compliance Officer, for Solar Industries India Limited.