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SWELECT Energy subsidiary will acquire 49% of Gridnex Solar for Rs.4.31 Crore. The target is developing 80 MW solar capacity in Madhya Pradesh.
Swelect SolarKraft is acquiring a 49% stake in Gridnex Solar Power for ₹4.31 Crore. This expands the company's solar footprint with an 80 MW project.
Swelect Energy Systems submitted its Annual Secretarial Compliance Report for FY2026 under Regulation 24A. The report confirms overall regulatory compliance with no material deviations or penalties.
Swelect Energy Systems is acquiring USolar Assetco Four Private Limited for up to ₹3.30 Crore. The target will become a wholly owned subsidiary to develop solar projects.
SWELECT Energy Systems issued a corrigendum to correct previously published EPS figures for FY26. Revised annual basic EPS stands at 36.40 versus the earlier reported 37.99.
Swelect Energy Systems reported a consolidated PAT of ₹57.58 Crore for FY26. Improved operating performance and new BESS portfolio launches drove the company's significant growth.
Swelect Energy Systems recommended a final dividend of ₹3.5 per equity share for FY 2025-26. The record date is set for July 24, 2026.
Swelect Energy Systems appointed S K RAM ASSOCIATES as Internal Auditor and Ravichandran Bhagyalakshmi & Associates as Cost Auditors. These appointments strengthen corporate governance and audit compliance.
Swelect Energy Systems Ltd reported revenue from operations of ₹202.4 Cr (-7.5% YoY) and net profit of ₹11.1 Cr (+23.3% YoY) for Q4 FY26.
Swelect Energy Systems reported its FY26 financial results and recommended a ₹3.50 per share final dividend. The board also appointed new internal and cost auditors.
Swelect Energy Systems approved transferring 17,50,000 shares of its subsidiary to Syrma SGS Technology. The entity remains a subsidiary, representing an internal group restructuring.
Swelect Energy Systems granted 12,000 ESOPs at Rs.600 per option to employees. This incentive aligns interests while creating a potential ₹0.72 Crore equity infusion.