Solex Energy Secures Domestic Orders Worth Rs 747.7 mn
The orders relate to domestic contracts for manufacture and supply and were described in the filing as being governed by the terms of the respective purchase orders. The company recorded that neither the promoter nor the promoter group has any interest in the entities awarding the contracts. The filing also stated that the transactions would not fall within the ambit of related party dealings. The time period for completion has been set as scheduled across December 2026.
The work involves production and delivery of solar PV modules, encompassing manufacturing, quality assurance and logistical dispatch to the contracting entities. The company outlined the aggregate value of the contracts and confirmed that the orders will be executed as per contractual terms. Solex will incorporate these orders into its manufacturing plan and order book reporting. The filing did not provide further operational or counterparty details.
Solex's registered and corporate office is located in Surat, Gujarat, and the corporate identity number appears on the public filing. The company used the disclosure to inform investors and regulators of the material commercial development. The announcement therefore updates stakeholders on confirmed contract awards and their scheduled execution within the stated timeframe. The public filing also made reference to applicable regulatory circulars and internal compliance processes, indicating that the company had followed prescribed disclosure procedures when reporting the material contract awards to the exchange.