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ISIN No
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INE880Y01017
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BSE Code / NSE Code
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544862 / SOLEX
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Book Value (Rs.)
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241.80
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Face Value
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10.00
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Bookclosure
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15/09/2026
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52Week High
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1985
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EPS
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88.87
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P/E
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6.00
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Market Cap.
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575.77 Cr.
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52Week Low
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522
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P/BV / Div Yield (%)
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2.20 / 0.00
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Market Lot
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1.00
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Security Type
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Other
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The company history sections lists out major chronological events that happened to the company.
| The Company was originally incorporated on October 13, 2014 as "Solex Energy Private Limited" under the provisions of the Companies Act, 2013 with the Registrar of Companies, Gujarat bearing Registration no. 081036. Further the Company was converted into Public Limited Company and consequently name of company was changed from "Solex Energy Private Limited" to "Solex Energy Limited" vide special resolution passed by the Shareholders at the Annual General Meeting held on September 09, 2017. A fresh certificate of incorporation consequence to conversion was issued on September 22, 2017 by the Registrar of Companies, Ahmedabad. the Company's Corporate Identification Number (CIN) is U40106GJ2014PLC081036.
Key Events and Mile Stones
2014-15
- Incorporation of the Company in the name and style of "Solex Energy Private Limited"
- Company has acquired the running business of "M/s Sun Energy Systems" a proprietorship concern of the Promoter engaged in manufacturing of Solar Panels and other renewable Energy Devices vide business transfer agreement dated November 12, 2014.
- Certificates of Compliance by Accredium Certifications for Standard IEC 61215:2005, IEC 61730-2:2004, IEC 61730:2005 (Salt Mist Test), AMD 1-2011-11 (Including testing).
- Certificate of Compliance as ISO 9001:2008 for its Quality Management Systems
- Certificate of Compliance as ISO 14001:2004 certified for its Environmental Management Systems
- Certificate as OHSAS: 18001: 2007 certified for its Health & Safety Management Systems
- Certified for Photovoltaic Module (PV) by UL India Private Limited for comply with IEC 61701 Standard for Salt Mist Corrosion testing
2015-16
- Certified by SGS-TUV SAAR GMBH (Germany) for Solar Products
2017-18
- Conversion of the Company from Private Limited to Public Limited Company. Consequently name of the Company has been changed from Solex Energy Private Limited to Solex Energy Limited.
- Certificate of Compliance as ISO 9001:2015 for its Quality Management Systems
- Certificate of Compliance as ISO 14001:2015 certified for its Environmental Management Systems
- Certificate as OHSAS: 18001: 2007 certified for its Health & Safety Management Systems
2021
-Solex Energy Ltd. & Jinchen Machinery Signs a MOU for 1.2 GW PV High-End Module Production Line
2022
-A few months ago, Solex Energy Limited had announced the expansion of its solar module manufacturing facility to 1.5GW.
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2023
-Solex Energy Ltd. Secured 2nd Rank in Vendor Rating Framework (VFR) by USAID, GERMI & CII Benchmark tool to assess the
-Solex marks the commencement of its 1.5GW PV module mfg. facility with ground breaking ceremony near Surat.
2024
-The Company has issued Bonus Shares in the Ratio of 1:4.
-"Solex Energy Limited Partners with State Bank of India to Offer Financial Solutions for Solar Photovoltaic Projects".
-Solex Energy Limited Becomes India's First PV Module Manufacturer to Receive MCS Certification under the BSI Kitemark, Supported by the United Kingdom Accreditation Service.
2025 -Solex Energy Limited commissioning of a new 800 MW production line to manufacture the TOPcon rectangular cell-based modules. -Solex Energy Limited Achieved Milestone Production of 65,000 Solar Modules in December 2024.
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