Solex Energy Ltd's board has recommended a dividend of ₹0.55 per share for the financial year ended March 31, 2026, marking a return of capital to shareholders. The decision was taken during a board meeting held on June 18, 2026. The dividend is subject to approval by shareholders at the ensuing Annual General Meeting. If approved, the payout will be dispatched within 30 days of its declaration. The record date for determining shareholder eligibility will be announced separately.

In a strategic move to enhance liquidity and access to capital, the board approved the proposal for listing the company's existing equity shares on the mainboard platform of BSE Limited. This listing is contingent upon receiving necessary approvals from BSE Limited and other relevant regulatory and statutory authorities.

The board meeting, which commenced at 11:00 a.m. and concluded at 11:50 a.m. on June 18, 2026, was convened to discuss these key agenda items. The disclosures were made pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Board Decisions

The following resolutions were passed during the meeting:

• Dividend Recommendation: ₹0.55 per equity share of face value ₹10 each for FY26.
• Listing Proposal: In-principle approval to list existing equity shares on BSE Limited.

Financial and Regulatory Details

Solex Energy Limited has been recognized as a Top Performer in the Kiwa PVEL 2026 PV Module Reliability Scorecard, one of the solar industry's most respected independent benchmarking programs. The recognition, awarded to the company's Tapi R (595-625 Watt) and Tapi Trans Dual (570–595 Watt) module series, reinforces its commitment to manufacturing high-quality and reliable solar products. This achievement serves as an independent validation of product performance under globally accepted testing protocols, providing greater confidence to customers, developers, and investors regarding module reliability.

The Kiwa PVEL PV Module Reliability Scorecard is a global benchmark for module quality and durability. Products undergo a comprehensive series of rigorous laboratory tests to evaluate long-term performance, reliability, and resilience under demanding environmental conditions. Achieving Top Performer status demonstrates a manufacturer's ability to consistently meet the industry's highest standards across critical reliability and performance parameters.

Dr. Chetan Shah, Chairman and Managing Director of Solex Energy Limited, stated that the recognition marks a significant milestone, reinforcing the core belief that quality, transparency, and technical excellence must anchor India’s solar manufacturing growth. He highlighted that the company is backed by nearly three decades of experience and an Industry 4.0-driven manufacturing ecosystem. Dr. Shah added that such third-party assessments play a critical role in strengthening trust and supporting informed procurement decisions across the value chain.

Recognized Module Series

The following module series from Solex Energy Limited received the Top Performer recognition:

Headquartered in Surat, Gujarat, Solex Energy Limited operates a state-of-the-art, Industry 4.0 enabled, fully automated manufacturing facility at Tadkeshwar, Gujarat. The facility has a production capacity of 4 GW for photovoltaic modules. The company provides comprehensive EPC solutions across utility-scale, commercial, industrial, and institutional segments.