Latest news about Solvex Edibles
Solvex Edibles
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More news about Solvex Edibles
30May 26
Solvex Edibles FY26 net loss, auditors flag IPO fund use
Solvex Edibles Limited reported a standalone net loss of ₹12.57 lakh for FY26 against a profit of ₹283.86 lakh in FY25, with revenue dropping to ₹6,667.48 lakh. Auditors issued a qualified opinion citing irregularities in IPO fund utilization, including circular transactions involving a subsidiary, and non-compliance with accounting standards for employee benefits and MSME dues. Consolidated net profit fell to ₹7.10 lakh from ₹408.97 lakh in the previous year.
22May 26
Solvex Edibles board to meet on May 30 to consider FY26 results
Solvex Edibles Limited will hold a board meeting on May 30, 2026, to approve audited financial results for FY26 and review IPO fund utilization totaling ₹1303.61 crore. The agenda includes related party transactions and other routine approvals.
20Apr 26
Solvex Edibles Limited Designates Authorized Personnel for Materiality Determination Under SEBI Regulations
Solvex Edibles Limited has designated three key managerial personnel as authorized persons for determining materiality and making stock exchange disclosures under SEBI regulations. Managing Director Ashish Goel and Whole-time Directors Vishal Goel and Rohit Gupta have been empowered to jointly or severally handle these responsibilities. This regulatory compliance measure ensures proper governance structure for the company's disclosure obligations to BSE Limited.
10Apr 26
Solvex Edibles Limited Confirms Non-Applicability of SEBI LODR Regulation 57(5) for Q4FY26
Solvex Edibles Limited informed BSE Limited about the non-applicability of SEBI LODR Regulation 57(5) for Q4FY26, confirming the company has not issued any non-convertible securities. Managing Director Ashish Goel submitted a NIL report on April 9, 2026, stating that payment obligations for interest or principal on NCDs/Bonds are not applicable. The company confirmed compliance with both sub-regulations 57(5)(a) and 57(5)(b) as 'Not Applicable' for the quarter ended March 31, 2026.
10Apr 26
Solvex Edibles Limited Files Compliance Certificate for Share Transfer Facility Maintenance
Solvex Edibles Limited filed its compliance certificate with BSE under SEBI Regulation 7(3) for year ended March 31, 2026, confirming share transfer facility maintenance through SEBI-approved agent Maashitla Securities Private Limited (Registration: INR000004370). The certificate was digitally signed by Company Secretary Swati Vaish and authorized representative Mukul Agrawal on April 9, 2026.
09Apr 26
Solvex Edibles Limited Files SEBI Regulatory Declaration for Financial Year 2026
Solvex Edibles Limited submitted its mandatory SEBI declaration for financial year ended March 31, 2026, confirming no additional share encumbrances by promoters beyond those already disclosed. The declaration covers seven individuals in promoter and promoter group categories, demonstrating regulatory compliance and transparency in shareholding matters.
09Apr 26
Solvex Edibles Limited Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026
Solvex Edibles Limited submitted its quarterly compliance certificate to BSE for the quarter ended March 31, 2026, under SEBI Regulation 74(5). The certificate from registrar Maashitla Securities Private Limited confirms no dematerialisation activity occurred during the January-March 2026 period. Company Secretary Swati Vaish signed the submission on April 8, 2026, fulfilling the company's regulatory obligations for share transfer and dematerialisation processes.
01Apr 26
Solvex Edibles Limited Appoints M. Agarwal & Associates as Secretarial Auditor for Five-Year Term
Solvex Edibles Limited's board of directors approved the appointment of M/s M. Agarwal & Associates as Secretarial Auditor for FY 2025-26 to 2029-30 during their March 31, 2026 meeting. The appointment, subject to shareholder approval at the upcoming AGM, brings CS Manoj Kumar Agarwal's 22 years of professional experience to the company. The firm, established in 2004, specializes in corporate governance, compliance management, and economic law services, with offices in Bareilly.
31Mar 26
Solvex Edibles Limited Conducts Independent Directors Meeting, Evaluates Board Performance
Solvex Edibles Limited conducted its mandatory separate meeting of independent directors on March 31, 2026, in compliance with Companies Act, 2013 and SEBI LODR Regulations. The independent directors evaluated the performance of non-independent directors, chairperson, and board as a whole, while assessing information flow between management and board. The evaluation results were found to be satisfactory across all parameters, demonstrating the company's adherence to corporate governance standards.
23Jan 26
Solvex Edibles Limited: Thobhani Group Acquires 9.69% Stake Through IPO
Jignesh Amrutlal Thobhani and six associates acquired 8,67,200 shares (9.69% stake) in Solvex Edibles Limited through the company's Initial Public Offering completed on October 1, 2025. The acquisition represents the group's first investment in the BSE-listed food company and was disclosed under SEBI regulations on January 22, 2026. The company has a total equity capital of 89,51,970 shares with ₹10.00 face value each.
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