Solarworld Energy Solutions Limited Announces Withdrawal of Credit Rating by CARE Ratings
Solarworld Energy Solutions Limited has announced the withdrawal of its credit rating by CARE Ratings Limited following a voluntary request made by the company. The withdrawal was confirmed through CARE's letter dated March 05, 2026, and received by the company on March 09, 2026. The company has complied with regulatory disclosure requirements under SEBI regulations and informed both BSE and NSE about this development.

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Solarworld Energy Solutions Limited has notified BSE Limited and National Stock Exchange of India about the withdrawal of its credit rating by CARE Ratings Limited. The company made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Rating Withdrawal Details
The company had obtained an issuer rating from CARE Ratings Limited and subsequently made a voluntary request for withdrawal of the said credit rating. CARE Ratings processed this request in accordance with their withdrawal policy.
| Parameter: | Details |
|---|---|
| Reference Number: | CARE/ARO/RL/2025-26/8041 |
| CARE Letter Date: | March 05, 2026 |
| Company Receipt Date: | March 09, 2026 |
| Original Request Date: | February 14, 2025 |
Communication from CARE Ratings
CARE Ratings Limited addressed their withdrawal letter to Shri Kartik Teltia, Director of the company, confirming the withdrawal of the issuer rating. The rating agency emphasized that ratings should not be used hereafter for any purpose whatsoever following the withdrawal.
The letter was signed by Aniket Shringarpure, Lead Analyst, and Shachee Nakul Vyas, Assistant Director from CARE Ratings Limited. The agency indicated that they would announce the withdrawal through a press release as per their normal procedure.
Regulatory Compliance
Company Secretary and Compliance Officer Varsha Bharti (Membership No.: A37545) signed the disclosure letter on behalf of Solarworld Energy Solutions Limited. The company has uploaded this information on its website at www.worldsolar.in as part of its transparency obligations.
Company Information
Solarworld Energy Solutions Limited, formerly known as Solarworld Energy Solutions Pvt. Ltd., trades on BSE with scrip code 544532 and on NSE with the symbol SOLARWORLD. The company is located at A 45 50, Sec-16, Noida, Gautam Budh Nagar, Uttar Pradesh 201301.
CARE Ratings noted that they would be happy to offer their services for any future rating requirements. The withdrawal completes the formal process initiated by the company's voluntary request made in February 2025.
Source: None/Company/INE0TY101024/3d54bf2b-81f0-47b3-ba99-dd841eef26db.pdf































