Indosolar Limited
lndosolar Limited was incorporated in 2005. The company is a manufacturer of solar photovoltaic cells. The Company had shut down its production facilities and the company was under Corporate insolvency Resolution Process under insolvency and Bankruptcy Code. Waaree Group acquired the company from NCLT.
What Indosolar files
- Others78
- Board Meeting15
- Updates11
- Important11
- QIP/Rights/Pref.5
- Results3
Indosolar will host its 17th Annual General Meeting virtually. Investors can participate and cast votes electronically on key company matters. This is a standard corporate governance event for the company.
Indosolar's Q1 revenue dropped to ₹68.36 Cr, attributed to a shift to tolling contracts. Despite this, EBITDA margin impressively surged to 70.89% (₹48.46 Cr), reflecting strong operational efficiency amidst market transition. PAT stood at ₹36.62 Cr.
Indosolar has disbursed net proceeds from the sale of fractional share entitlements to eligible shareholders. This finalizes a capital reduction process, ensuring investors receive cash for their partial share holdings.
Indosolar announced a significant FY26 turnaround with Revenue at ₹679.85 Cr (+109.89% YoY) and PAT at ₹246.60 Cr (+350.16% YoY). Module production soared to 1,051 MW, boosted by tech upgrades and operational efficiencies. New CFO and Independent Director appointed.
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