Swelect Energy Systems Limited announced that its step-down wholly owned subsidiary, Swelect HHV Solar Photovoltaics Private Limited, has successfully commissioned a 3.125 MW solar power plant.

The facility is located at V. Muthulingapuram Village, Virudhunagar Taluk, in the Virudhunagar District of Tamil Nadu. The commissioning was reported to the stock exchanges on October 1, 2026, marking the operational start of this renewable energy asset.

Grid Interfacing and Power Utilization

The newly commissioned plant is interfaced at the 33 KV level to the existing 33/11 KV Naranapuram TNEB Substation (SS). This connection allows for efficient transmission of generated electricity within the local grid infrastructure managed by the Tamil Nadu Electricity Board.

The energy generated from the solar plant will be utilized exclusively for captive consumption. The company specified that this usage will be facilitated through the Intra State Open Access System in Tamil Nadu, allowing the subsidiary to offset its own power requirements with self-generated renewable energy.

Key Project Details

Strategic Context

This development highlights Swelect Energy Systems' continued expansion in the renewable energy sector through its subsidiary structure. By leveraging the Intra State Open Access mechanism, the company ensures that the power generated is effectively utilized for internal needs, potentially reducing dependency on external grid supply and associated costs.

Swelect Energy Systems Ltd has closed its trading window for designated persons effective October 1, 2026. The closure remains in force until 48 hours after the Board of Directors approves and discloses the unaudited standalone and consolidated financial results for the quarter and six months ending September 30, 2026.

Compliance with insider trading regulations

The company informed BSE and NSE that the trading window is closed in accordance with its Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons. This code is adopted pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended.

The restriction applies to a broad category of individuals classified as Designated Persons. These include:

• Promoters and promoter group persons
• Directors and Key Managerial Personnel
• Relevant employees of holding and subsidiary companies
• Advisors, consultants, and auditors (statutory, secretarial, internal, and cost)
• Immediate relatives of the aforementioned persons

Board meeting schedule

The date for the Board meeting to approve the Q2FY27 results will be intimated in due course. Until the results are approved and disclosed, all dealing in the company's equity shares by the specified group remains prohibited.