Solar Industries India share news, announcements and annual reports
NSE: SOLARINDSBSE: 532725Chemicals & PetrochemicalsLarge Cap
Solar Industries India Limited · Formerly Solar Explosives · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Apr 2006
Last close ₹19,438.00up ₹638.00 (3.39%)BSE ₹19,408.65
Share price at the NSE close on 2 Nov 2026. Previous close ₹18,800.00.
2 Nov: open ₹19,000.00, high ₹19,438.00, low ₹18,863.00
52-week range of traded prices to 2 Nov 2026
₹11,646.00Low, 18 Dec 2025₹22,700.00High, 15 Sep 2026
- Next results date: the board meets on 3 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,75,895 Cr73rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 88.33
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 28.02
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.06%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 37.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 35.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.22
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 77,07729.8% delivered
Solar Industries India share news and announcements
867 announcements, routine notices left out, newest first. Page 17 of 18.
Feb 2010
11 Feb · Issue of Commercial Papers
Vide its letter dated February 10, 2010 that the Board of Directors of the Company at its meeting held on January 27, 2010, inter alia, has considered the following: The Board considered the Issue of Commercial papers and decided to issue commercial papers of 50.00 Crores. Board further appointed CRISIL as Credit Rating Agency for issuing Credit Rating to the Company in respect of Commercial Paper Issue. Board also appointed Link Intime India Private Limited to Act as Registrar & Transfer Agent for this Issue.
Jan 2010
30 Jan · Utilisation of Funds
Vide notes to Accounts in the Un-Audited Financial Results for the quarter ended December 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on January 27, 2010) that: "The Company raised Rs.83.60 crores through Public issue out of which Rs.67.10 crores have been utilised as per object of the issue and balance is kept as F.D. with Scheduled banks".27 Jan · Dividend
Board of Directors of the Company at its meeting held on January 27, 2010, inter alia, has considered the following: (1) The Board has accepted the resignation of Shri R.C. Tripathi, Non-executive Independent Director of the Company; (2) The Board has approved the Interim Dividend of Rs. 3.50 per share and the record date for the payment of Interim Dividend would be February 18, 2010.11 Jan · Board meeting
Inter-alia, (1) To consider and approve the Un-Audited Financial Results for the Quarter ended on December 31, 2009. (2) To consider the resignation of Shri R.C. Tripathi, Non Executive Independent Director of the Company.
Oct 2009
29 Oct · Results
Board of Directors of Solar Industries India Limited (the Company) at its Meeting held on September 17, 2009 has approved the proposal to seek the consent of the Member of the Company by way of Special / Ordinary Resolutions, through Postal Ballot pursuant to Section 192A of the Companies Act, 1956, read with Companies (Passing of the Resolutions by Postal Ballot) Rules, 2001, for the purpose of Alteration in Main objects clause, commencement of newly inserted business as set out in other objects clause of Memorandum of Association under section 17 of the Companies Act, 1956. Further the resolution have therefore approved and considered as passed by the share holders with the overwhelming requisite majority. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.29 Oct · Utilisation of Funds
Vide notes to Accounts in the Un-Audited Financial Results for the quarter ended September 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on October 27, 2009) that: "The Company raised Rs.83.60 crores through Public issue out of which Rs.67.10 crores have been utilised as per object of the issue and balance is kept as F.D. with Scheduled banks".14 Oct · Board meeting
Inter-alia, 1) To consider and approve the Un-audited Financial Results for the quarter ended on September 30, 2009. 2) To consider the appointment Shri Ajai Nigam as Non Executive Independent Director. 3) To declare the results on the voting by postal ballot conducted pursuant to Section 192A of the companies Act, 1956 on the resolutions as set out in the Notice dated September 17, 2009.
Sep 2009
29 Sep · Corrigendum
With reference to the notice for conducting postal ballot for obtaining members consent for Alterations in objects clause of the Company & calendar of events that date Dispatch of Notice of Meeting along with Postal Ballot forms under Certificate of posting should be read as October 25, 2009 instead of October 24, 2009 as it was due to typographical mistake. Further a copy Calendar of events shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Sep · Board meeting
Board of the Company approved the notice for conducting postal ballot for obtaining members consent for Alterations in objects clause of the Company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Sep · Meeting
Minutes of the proceedings of the Annual General Meeting of the members of the Company held on September 17, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.8 Sep · Board meeting
Inter-alia, (1) To approve the notice for conducting postal ballot for obtaining members consent on Alternation in objects clause, of Memorandum of Association under section 17 of the companies Act, 1956. (2) To appoint the scrutinizer for conducting the Postal Ballot process.
Aug 2009
1 Aug · Results
Declaration of postal ballot results and outcome of Board Meeting. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2009
27 Jul · Utilisation of Funds
Vide notes to Accounts in the Un-Audited Financial Results for the quarter ended June 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on July 27, 2009) that: "The Company raised Rs.83.60 crores through Public issue out of which Rs.67.10 crores have been utilised as per object of the issue and balance is kept as F.D. with Scheduled banks".24 Jul · Board meeting
Inter-alia, to declare the results on the voting by Postal Ballot conducted pursuant to Section 192A of the Companies Act, 1956 on the resolution as set out in the Notice dated June 28, 2009".20 Jul · Board meeting
Meeting on 27 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”2 Jul · Utilisation of Funds
Vide notes to Accounts in the audited Financial Results for the year ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on June 28, 2009) that: "The Company raised Rs.83.60 crores through Public issue out of which Rs.67.10 crores have been utilised as per object of the issue and balance is kept as F.D. with Scheduled banks".
Jun 2009
29 Jun · Meeting
Board of Directors of the Company at its meeting held on June 28, 2009 inter alia, has considered the following : 1) The Annual General Meeting of the Company will be held on September 17, 2009. 2) The Register of Members and Share Transfer Books of the Company will remain closed from September 10, 2009 to September 19, 2009 (both days inclusive) for the purpose of Dividend & AGM.29 Jun · Meeting
Board of Directors of the Company at its meeting held on June 28, 2009, inter alia, has considered the following : 1) Company adopted new set of code of conduct for Prevention of Insider Trading in place of old one. 2) Postal Ballot notice under section 192A of Companies Act 1956 was approved for seeking members consent on following : a)Alteration in objects clause, commencement of newly inserted business as set out in other objects clause of Memorandum of Association under section 17 and 149 (2A) of the Companies Act, 1956, b)Restructuring of borrowings limits, Creation of mortgages and/ or charges on the properties of the Company. Mr. Patel Jagdish P. of Jagdish Patel & Co. as a Scrutinizer for the Postal Ballot. A copy of the said postal ballot notice and calendar of events shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.29 Jun · Dividend
Board of Directors of the Company at its meeting held on June 28, 2009, inter alia, has considered the following : Recommended dividend of Rs. 4.50 per Equity Share having face value of Rs 10/- each for the financial year ended March 31, 2009 on its total paid-up Equity Share Capital of Rs 1732.38 Lacs subject to the approval of the shareholders at the ensuing Annual General Meeting.10 Jun · Board meeting
Inter-alia 1) To consider and approve the accounts and results for the financial year ended March 31, 2009. 2) To recommend the final dividend, if any, for the Financial Year ended March 31, 2009. 3) To fix the date of the Annual General Meeting of the company.4) To approve the notice calling Annual General Meeting of the company. 5) To Fix the date of Book Closure for the purpose of AGM/Dividend.6) To Adopt the new Code of Conduct for prevention of Insider Trading in place of old one. 7) To approve the notice for conducting postal ballot for obtaining members consent on following : a) Alteration in objects clause, commencement of newly inserted business as set out in other objects clause of Memorandum of Association under section 17 and 149 (2A) of the companies Act,1956.b) Restructuring of borrowing limits, creation of mortgages and/or charges on the properties of the company. 8) To appoint the scrutinizer for conducting the Postal Ballot process.4 Jun · Management
Dr. R Srinivasan, Director of the Company resigned from the Board of Directors. His resignation is accepted by the Board via Circular Resolution dated 19th May, 2009
Apr 2009
22 Apr · Disclosure
There has been an increase in the share holding of the Company by the Schemes of HDFC Mutual Fund in the Company by 2.154% as of April 17, 2009. As on April 17, 2009 the aggregate holding of the Schemes of HDFC Mutual Fund in the Company is 8.753% of the paid up equity capital share capital of the Company. HDFC Asset Management Company Limited has given notice to the Company regarding the acquisition of 373,320 shares i.e. 2.154% of Equity/voting rights. Further, the company has submitted to the Exchange a copy of the requisite notice in Form-C of SEBI (Prohibition of Insider Trading) Regulations, 1992. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 Apr · Results
We shall publish Audited Financial Results for the financial year ended on 31st March, 2009 within 3 months and therefore we are not going to publish unaudited financial results for the quarter ended on 31st March, 2009 within one month
Mar 2009
31 Mar · Name Change/Symbol Change
Members of the Exchange are hereby informed that the name of Solar Explosives Limited shall be changed to Solar Industries India Limited and the trading symbol of the Company be changed from SOLAREX to SOLARINDS w.e.f. April 13, 2009.20 Mar · Board meeting
Vide its letter dated March 16, 2009 that: "The new name "Solar Industries India Limited" as approved by Registrar of Companies, Maharashtra, Mumbai, Ministry of Corporate Affairs and Government of India, effective from February 17, 2009 has been noted by the Board of Directors of the Company. It was furthur decided to replace old name "Solar Explosives Limited" with the new name "Solar Industries India Limited" of the Company wherever it appears."9 Mar · Board meeting
Inter-alia, to take note of new name of the Company.5 Mar · Change of name of the Company
Name of "Solar Explosives Limited" has been changed to "Solar Industries India Limited" as approved by Registrar of Companies, Maharashtra, Mumbai, Ministry of Corporate Affairs, and Government of India, effective from February 17, 2009.
Feb 2009
6 Feb · Management
Following directors were appointed/ resigned on/ from the Board of Directors : 1) Shri Satish Chand Gupta as Non Executive Independent Director in Casual Vacancy. 2) Shri Manish Nuwal as Additional Executive Director. 3) Shri JaiPrakash Agrawal resigned from the Board. Further, the Company has submitted to the Exchange a copy of list of Directors of Solar Explosives Limited as on February 04, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2009
22 Jan · Utilisation of Funds
Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 21, 2008) that: "The Company raised Rs.83.60 crores through Public issue out of which Rs.56.70 crores have been utilised as per object of the issue and balance is kept as F.D. with Scheduled banks".19 Jan · Rating
Credit ratings has been assigned to the various bank facilities of Solar Explosives Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.13 Jan · Board meeting
Meeting on 21 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
Dec 2008
11 Dec · Updates
Solar Explosives Limited has received 3 years order from Coal India Limited, in the recently concluded tender. As a result of this tender there will be significant increase in the turnover. As against Fixed price tender, Coal India has adopted price variation clause, wherein the prices will be reviewed every quarter.
Oct 2008
27 Oct · Utilisation of Funds
Vide notes to Accounts in the Unaudited Financial Results for the quarter ended September 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on October 25, 2008) that "The Company raised Rs.83.60 crores through Public issue out of which Rs.30.39 crores has been utilised as per object of the issue and balance is kept as F.D. with Scheduled Banks".16 Oct · Board meeting
Business to be transacted at the Board Meeting :1)To consider and approve the Un-audited Financial Results for the Quarter ended on September 30, 2008. 2) To consider and if found fit to declare interim dividend if any for the Financial Year 2008-2009. 3) To fix book closure/record dates for the interim dividend if any. 4) To consider the resignation of Dr. Jai Prakash Agrawal. 5) To consider the appointment Shri Satish Chandra Gupta as Non Executive Independent Director in casual vacancy if above mentioned resignation is accepted. 6) To consider the appointment of Shri Manish Nuwal as Executive Additional Director.
Sep 2008
24 Sep · Meeting
Minutes of the Annual General Meeting of the members of the Company held on September 24, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2008
26 Aug · Updates
"Solar Explosives bags Coal mining and selling rights for 80m tonnes in Chhattisgarh" . The details of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 Aug · Business
Hon'ble High court of Judicature at Bombay, Nagpur Bench Nagpur has vide its Order dated July 18, 2008 sanctioned the Scheme of Amalgamation of Solar Capitals Limited (SCL) and Solar Industries Limited (SIL) (the Transferor Companies) with the Company. Certified Copies of the Orders, which were received by SCL and SIL from the High court of Judicature at Bombay, Nagpur Bench, Nagpur have been filed with the Registrar of Companies (ROC), Maharashtra Mumbai on August 14, 2008. Accordingly, the Scheme has now become effective. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.13 Aug · Meeting
Annual General Meeting will be held on September 24, 2008. The Register of Members and Share Transfer Books of the Company will remain closed from September 12, 2008 to September 24, 2008 (both days inclusive) for the purpose of payment of Dividend.
Jul 2008
30 Jul · Utilisation of Funds
Vide notes to Accounts in the Unaudited Financial Results for the quarter ended June 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on July 30, 2008) that "The Company raised Rs.83.60 crores through Public issue out of which Rs.30.39 crores has been utilised as per object of the issue and balance is kept as F.D. with Scheduled Banks".21 Jul · Board meeting
Meeting on 30 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”
Jun 2008
23 Jun · Utilisation of Funds
Vide notes to Accounts in the audited Financial Results for the year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on June 18, 2008) that: "The Company raised Rs.83.60 crores through Public issue out of which Rs.30.39 crores has been utilised as per object of the issue and balance is kept as F.D. with Scheduled Banks".18 Jun · Dividend
Board of Directors of the Company at its meeting held on June 18, 2008 has recommended final dividend for F.Y. 2007-08 @ 15% subject to the approval of Share Holders at Annual General Meeting.6 Jun · Board meeting
Inter-alia to consider the following: (1) Approval of audited accounts and results for the Financial Year ended March 31, 2008. (2) Recommendation of Dividend, if any, for the Financial Year ended March 31, 2008. (3)Fixation of date on which the Annual General Meeting will be held. (4) Approval of the Notice calling Annual General Meeting. (5) Fixation of date of Book Closure. (6) Appointment of Shri Dilp Patel as Non Executive Independent Additional Director. (7) Appointment of Shri Rishi Singh as Non Executive Independent Additional Director.
May 2008
20 May · Results
We shall publish Audited Financial Results for the financial year ended on 31st March, 2008 within 3 months and therefore we are not going to publish unaudited financial results for the quarter ended on 31st March, 2008 within one month7 May · Board meeting
To consider the general progress on the business development activities.
Jan 2008
11 Jan · Utilisation of Funds
Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2007 (taken on record by the Board of Directors of the Company at its meeting held on January 10, 2008) that: "The Company raised Rs.83.60 crores through Public issue out of which Rs.29.55 crores has been utilised as per object of the issue and balance is kept as F.D. with Scheduled Banks".
Dec 2007
26 Dec · Board meeting
Meeting on 10 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
Nov 2007
21 Nov · Miscellaneous
Revised shareholding pattern under Clause 35 of the Listing Agreement for the quarters ended March 31, 2007 and June 30, 2007. Further, the Company has informed the Exchange that On verification of our records and on reconciliation with our Registrar and Share Transfer agent (Intime Spectrum Registry Limited) we have noticed variation in the data submitted to the Exchange with regard to the lock-in-period of the promoter's holding for the Quarters ended on March 31, 2007 and June 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com)14 Nov · Business
Vide its letter dated November 12, 2007 that : " The Company has acquired 74% stake in an unlisted Company Navbharat Coalfields Limited to further business interest of Solar Explosives Limited in accordance with all the provisions of the Memorandum and Articles of Association of the Company."
Oct 2007
25 Oct · Management
Vide its letter dated October 18, 2007 that the Miss. Khushboo Rai is appointed as a Company Secretary in place of Mr. C.R.K. Prasad with effect from October 11, 2007.