Solar Industries India Executes Rs. 113.89 Crore Block Trade on NSE

1 min read     Updated on 28 Oct 2025, 10:37 AM
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Reviewed by
Riya DeyScanX News Team
Overview

Solar Industries India executed a significant block trade on the National Stock Exchange (NSE) valued at Rs. 113.89 crores. The transaction involved 81,120 shares at a price of Rs. 14,040.00 per share. Block trades are large, privately negotiated transactions typically executed outside the open market to minimize price impact. This trade could indicate substantial investor interest or a strategic move by a major shareholder, potentially signaling institutional activity or changes in shareholding patterns.

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*this image is generated using AI for illustrative purposes only.

Solar Industries India , a prominent player in the Indian market, recently completed a significant block trade on the National Stock Exchange (NSE). The transaction, valued at Rs. 113.89 crores, marks a notable event in the company's recent trading activity.

Transaction Details

Aspect Details
Total Value Rs. 113.89 crores
Number of Shares 81,120
Price per Share Rs. 14,040.00
Exchange National Stock Exchange (NSE)

Significance of the Block Trade

Block trades are large, privately negotiated transactions of securities. They are typically executed outside of the open market to avoid impacting the stock's price. This substantial trade in Solar Industries India shares could indicate significant investor interest or a strategic move by a large shareholder.

Market Implications

While the exact reasons behind this block trade are not disclosed, such transactions can often signal:

  • Institutional investor activity
  • Changes in major shareholding patterns
  • Potential shifts in investor sentiment towards the company

It's important to note that block trades don't necessarily indicate a change in the company's fundamentals or operations. Investors and market watchers may want to keep an eye on any subsequent disclosures or announcements from Solar Industries India for further context.

As always, individual investors should conduct their own research and consider seeking professional advice before making investment decisions based on market movements or block trades.

Historical Stock Returns for Solar Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.82%-1.44%+2.65%+5.95%+35.06%+1,260.74%
Solar Industries
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Solar Industries India Bolsters Board with Two New Independent Directors

1 min read     Updated on 17 Sept 2025, 06:04 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Solar Industries India Limited has appointed Ms. Girija Balakrishnan and Shri Viswanathan Lakshmanan as Additional Directors. Ms. Balakrishnan, a legal expert with 31 years of experience, joins as a Non-Executive Independent Director for a five-year term starting September 18, 2025. Shri Lakshmanan, a financial veteran with 42 years of leadership experience, will serve as a Non-Executive Independent Director for five years from October 18, 2025. Both appointments aim to enhance the company's corporate governance and are subject to shareholder approval.

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*this image is generated using AI for illustrative purposes only.

Solar Industries India Limited , a prominent player in the industrial explosives sector, has announced the appointment of two new Additional Directors to strengthen its board. The company's Board of Directors approved these appointments on September 17, 2025, based on recommendations from the Nomination and Remuneration Committee.

Ms. Girija Balakrishnan: Legal Expert Joins the Board

Ms. Girija Balakrishnan, a law graduate from the prestigious National Law School of India, Bangalore, has been appointed as a Non-Executive Independent Director for a five-year term, effective September 18, 2025. With over 31 years of experience, Ms. Balakrishnan brings extensive expertise in:

  • Corporate Laws
  • Mergers and Acquisitions
  • Commercial Laws
  • Foreign Direct Investments
  • Joint Ventures and Foreign Collaboration

Her appointment is subject to shareholder approval, and she will serve as an Additional Director in the interim. Ms. Balakrishnan is a member of the Bar Council of Karnataka and has handled litigations before various courts, tribunals, and SEBI.

Shri Viswanathan Lakshmanan: Financial Veteran Enhances Board Expertise

Shri Viswanathan Lakshmanan has been appointed as a Non-Executive Independent Director for a five-year term, effective October 18, 2025. His impressive credentials include:

  • Fellow Member of the Institute of Cost Accountants of India (ICAI)
  • Certified Public Accountant (CPA) from the USA
  • 42 years of leadership experience across diverse industries

Shri Lakshmanan's career highlights include:

  • Over 27 years at Stock Holding Corporation of India Limited (SHCIL)
  • Served as Group CFO and Head HR at SHCIL
  • Chairman of SHCIL's Management Committee

His extensive experience spans Financial Services, Information Technology, Media, and Pharmaceutical industries, with global business dealings.

Strengthening Corporate Governance

Both appointments underscore Solar Industries India's commitment to enhancing its corporate governance structure. The company has confirmed that neither Ms. Balakrishnan nor Shri Lakshmanan is related to any existing board members. Furthermore, both appointees are not debarred from holding directorial positions by SEBI or any other authority.

These strategic additions to the board are expected to bring fresh perspectives and valuable insights to Solar Industries India Limited, potentially contributing to the company's future growth and strategic decision-making processes.

Shareholders will have the opportunity to approve these appointments, reinforcing the company's adherence to regulatory requirements and commitment to transparency in corporate governance.

Historical Stock Returns for Solar Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.82%-1.44%+2.65%+5.95%+35.06%+1,260.74%
Solar Industries
View in Depthredirect
like16
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-115.00
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