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Swelect Energy Systems Ltd, incorporated in 1994, is engaged in the business of manufacturing and trading of Solar power projects, off-grid solar photovoltaic modules, based on crystalline silicon technology (c-Si), solar and wind power generation, contract manufacturing services, installation and maintenance services, sale of Solar Photovoltaic inverters and energy efficient lighting systems.
SWELECT sold a 26% stake in its wholly-owned subsidiary ESG Solar Energy to Garg Acrylics for 0.31 Cr. This makes ESG Solar a subsidiary. ESG Solar, with a negative net worth of 0.0783 Cr and no current operations, gains a proposed captive consumer.
SWELECT Energy Systems Limited has informed the Exchange with copy of minutes of Annual General Meeting held on July 31, 2026
SWELECT Energy Systems' subsidiary, ESG Green Energy, commissioned a 10 MW solar power plant in Tamil Nadu. The plant will supply energy to group consumers under a Group Captive Power Sale model.
SWELECT Energy Systems Limited has informed the Exchange about Copy of Newspaper Publication of the Unaudited Financial Results of the Company for the Quarter ended 30.06.2026
SWELECT's Q1 FY27 Standalone PAT soared 362.5% to ₹18.68 Cr. Consolidated PAT dropped 63.8% to ₹7.65 Cr due to market slowdown. Management is pursuing two large EPC orders and acquiring 250 MW solar parks for future growth.