Integrated Filing — IndAS



General information about company

Scrip Code 532725
NSE Symbol SOLARINDS
MSEI Symbol NOTLISTED
ISIN INE343H01029
Name of company Solar Industries India Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 15-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment MANUFACTURING OF EXPLOSIVES AND INITIATING SYSTEMS
Start date and time of board meeting 15-05-2026   13:00:00
End date and time of board meeting 15-05-2026   14:05:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 05-02-2025
Indicate Company website link for updated RPT policy of the Company www.solargroup.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 1,57,371.00 5,57,886.00
Other income 8,348.00 20,724.00
Total income 1,65,719.00 5,78,610.00
2 Expenses
(a) Cost of materials consumed 74,365.00 2,55,307.00
(b) Purchases of stock-in-trade 7,657.00 40,919.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (397.00) (2,590.00)
(d) Employee benefit expense 8,640.00 29,355.00
(e) Finance costs 734.00 2,602.00
(f) Depreciation, depletion and amortisation expense 2,642.00 9,971.00
(f) Other Expenses
1 Freight and Forwarding Charges 11,553.00 44,454.00
2 Other Expenses 9,844.00 34,524.00
Total other expenses 21,397.00 78,978.00
Total expenses 1,15,038.00 4,14,542.00
3 Total profit before exceptional items and tax 50,681.00 1,64,068.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 50,681.00 1,64,068.00
6 Tax expense
7 Current tax 12,609.00 40,253.00
8 Deferred tax 294.00 1,645.00
9 Total tax expenses 12,903.00 41,898.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 37,778.00 1,22,170.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 37,778.00 1,22,170.00
17 Other comprehensive income net of taxes 1,532.00 2,865.00
18 Total Comprehensive Income for the period 39,310.00 1,25,035.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,810.00 1,810.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 0.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 41.75 135.01
Diluted earnings (loss) per share from continuing operations 41.75 135.01
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 41.75 135.01
Diluted earnings (loss) per share from continuing and discontinued operations 41.75 135.01
24 Debt equity ratio 0.0300 0.0300
25 Debt service coverage ratio 19.3700 13.5500
26 Interest service coverage ratio 72.1900 65.0600
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.The Audited Standalone Financial Results for the quarter and year ended March 31, 2026 of SOLAR INDUSTRIES INDIA LIMITED (the Company) have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their respective meeting held on May 15, 2026. The Company confirms that its statutory auditors have carried out statutory audit of the aforesaid results for the quarter and year ended March 31,2026. 2. These results have been prepared in accordance with the Indian Accounting Standard (referred to as “Ind AS) prescribed under Section 133 of the Companies Act 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time.3. The Company has identified 'Explosives, its accessories and related services', as its only reportable segment as defined under Ind AS 108 - Operating Segments. Accordingly, no separate segment information has been provided. 4. During the year ended March 31, 2026, the Company had fully redeemed 150 (One Hundred and fifty) unsecured, rated, listed, senior, redeemable, non-convertible debentures (NCDs) having face value of 10,00,000/- (Ten lakh) each amounting to 15.00 Crores (Fifteen Crore) and made an Interest Payment amounting to 0.63 Crores at a coupon rate of 8.20% per annum.During the year ended March 31, 2026, the Company had redeemed 1168 (One thousand One Hundred and Sixty Eight) unsecured, rated, listed, senior, redeemable, non-convertible debentures (NCDs) having face value of 1,00,000/- (One lakh) each amounting to 11.67 Crores (Eleven crores and Sixty Seven lakh ) and made an Interest Payment amounting to 1.53 Crores at a coupon rate of 8.06%. As on March 31, 2026 the aggregate amount of outstanding NCD is 11.67 Crores. Due to limitation of space please refer the notes submitted in the outcome of the Board Meeting.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 1,36,138.00
Capital work-in-progress 14,120.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 1,590.00
Intangible assets under development 590.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 86,697.00
Trade receivables, non-current
Loans, non-current 94,459.00
Other non-current financial assets
1 Other Financial Assets 12,041.00
Total of other non-current financial assets 12,041.00
Total non-current financial assets 1,93,197.00
Deferred tax assets (net)
Other non-current assets
1 Other non-current assets 6,091.00
Total of other non-current assets 6,091.00
Total non-current assets 3,51,726.00
2 Current assets
Inventories 40,528.00
Current financial asset
Current investments 0.00
Trade receivables, current 98,479.00
Cash and cash equivalents 25,036.00
Bank balance other than cash and cash equivalents 344.00
Loans, current 7,586.00
Other current financial assets
Total of other current financial assets 10,522.00
Total current financial assets 1,41,967.00
Current tax assets (net)
Other current assets
1 Other current assets 18,678.00
Total of other current assets 18,678.00
Total current assets 2,01,173.00
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 5,52,899.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,810.00
Other equity 4,20,872.00
Total equity attributable to owners of parent 4,22,682.00
Non controlling interest
Total equity 4,22,682.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 7,875.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease Liabilities 420.00
Total of other non-current financial liabilities 420.00
Total non-current financial liabilities 8,295.00
Provisions, non-current 0.00
Deferred tax liabilities (net) 15,201.00
Deferred government grants, Non-current
Other non-current liabilities
1 Other non-current liabilities 15,816.00
Total of other non-current liabilities 15,816.00
Total non-current liabilities 39,312.00
Current liabilities
Current financial liabilities
Borrowings, current 6,292.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 3,849.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 16,268.00
Total Trade payable 20,117.00
Other current financial liabilities
1 Lease Liabilities 293.00
2 Acceptances 28,523.00
3 Other Financial Liabilities 5,162.00
Total of other current financial liabilities 33,978.00
Total current financial liabilities 60,387.00
Other current liabilities 27,806.00
1 Other current liabilities 27,806.00
Total of other current liabilities 27,806.00
Provisions, current 649.00
Current tax liabilities (Net) 2,063.00
Deferred government grants, Current
Total current liabilities 90,905.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,30,217.00
Total equity and liabilites 5,52,899.00
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) 1. The Audited Standalone Financial Results for the quarter and year ended March 31, 2026 of SOLAR INDUSTRIES INDIA LIMITED (the Company) have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their respective meeting held on May 15, 2026. The Company confirms that its statutory auditors have carried out statutory audit of the aforesaid results for the quarter and year ended March 31,2026. 2. These results have been prepared in accordance with the Indian Accounting Standard (referred to as “Ind AS) prescribed under Section 133 of the Companies Act 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time. 3. The Company has identified 'Explosives, its accessories and related services', as its only reportable segment as defined under Ind AS 108 - Operating Segments. Accordingly, no separate segment information has been provided. 4. During the year ended March 31, 2026, the Company had fully redeemed 150 (One Hundred and fifty) unsecured, rated, listed, senior, redeemable, non-convertible debentures (NCDs) having face value of 10,00,000/- (Ten lakh) each amounting to 15.00 Crores (Fifteen Crore) and made an Interest Payment amounting to 0.63 Crores at a coupon rate of 8.20% per annum. During the year ended March 31, 2026, the Company had redeemed 1168 (One thousand One Hundred and Sixty Eight) unsecured, rated, listed, senior, redeemable, non-convertible debentures (NCDs) having face value of 1,00,000/- (One lakh) each amounting to 11.67 Crores (Eleven crores and Sixty Seven lakh ) and made an Interest Payment amounting to 1.53 Crores at a coupon rate of 8.06%. As on March 31, 2026 the aggregate amount of outstanding NCD is 11.67 Crores.Due to limitation of space please refer the notes submitted in the outcome of the Board Meeting.



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to Profit or Loss 1,459.00 2,920.00
Total Amount of items that will not be reclassified to profit and loss 1,459.00 2,920.00
2 Income tax relating to items that will not be reclassified to profit or loss 207.00 421.00
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to Profit or Loss 374.00 489.00
Total Amount of items that will be reclassified to profit and loss 374.00 489.00
4 Income tax relating to items that will be reclassified to profit or loss 94.00 123.00
5 Total Other comprehensive income 1,532.00 2,865.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,64,068.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 2,602.00
Adjustments for decrease (increase) in inventories (831.00)
Adjustments for decrease (increase) in trade receivables, current (16,579.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (8,277.00)
Adjustments for decrease (increase) in other non-current assets 603.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 478.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (10,385.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 5,202.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 9,971.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 7,902.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (1,045.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (26,163.00)
Net cash flows from (used in) operations 1,37,905.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 38,716.00
Other inflows (outflows) of cash (6,455.00)
Net cash flows from (used in) operating activities 92,734.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 15,131.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 1,075.00
Purchase of property, plant and equipment 40,854.00
Proceeds from sales of investment property 18,266.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 1,51,562.00
Cash receipts from repayment of advances and loans made to other parties 1,13,121.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 6,890.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (68,195.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 5,000.00
Repayments of borrowings 10,328.00
Payments of lease liabilities 265.00
Dividends paid 9,050.00
Interest paid 4,152.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (18,795.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 5,744.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 5,744.00
Cash and cash equivalents cash flow statement at beginning of period 19,292.00
Cash and cash equivalents cash flow statement at end of period 25,036.00





Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Sale of goods or services 35,000.00 As per the Omnibus approval granted by the Audit Committee. 12,205.00 310.00 93.00
2 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Any other transaction Other Operating Income 1,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 267.00 0.00 0.00
3 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Purchase of goods or services 55,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 25,670.00 (662.00) (3,961.00)
4 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Any other transaction Availing of Commercial Services 1,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 15.00 0.00 0.00
5 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Loan 35,000.00 As per the approval granted by the Audit Committee.No Remarks. 29,455.00 0.00 25,305.00
6 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Loan As per the approval granted by the Audit Committee.No Remarks 4,150.00 0.00 0.00
7 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Interest received As per the approval granted by the Audit Committee.No Remarks 194.00 0.00 419.00
8 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Loan 20,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 81,281.00 0.00 0.00
9 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Loan As per the Omnibus approval granted by the Audit Committee.No Remarks. 81,281.00 0.00 0.00
10 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Interest received As per the Omnibus approval granted by the Audit Committee.No Remarks. 354.00 0.00 0.00
11 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Any other transaction Cross Charges 200.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 0.00 71.00 41.00
12 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Loan 30,000.00 As per the approval granted by the Audit Committee.No Remarks. 190.00 0.00 0.00
13 Solar Industries India Limited Solar Defence and Aerospace Limited Wholly Owned Subsidiary Loan 30,000.00 As per the approval granted by the Audit Committee.No Remarks. 2.00 0.00 0.00
14 Solar Industries India Limited Emultek Private Limited Wholly Owned Subsidiary Sale of goods or services 20,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 3,417.00 4,482.00 406.00
15 Solar Industries India Limited Emultek Private Limited Wholly Owned Subsidiary Purchase of goods or services 20,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 231.00 (9.00) (204.00)
16 Solar Industries India Limited Emultek Private Limited Wholly Owned Subsidiary Loan 30,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 17,735.00 10,186.00 27,921.00
17 Solar Industries India Limited Emultek Private Limited Wholly Owned Subsidiary Interest received As per the Omnibus approval granted by the Audit Committee.No Remark 517.00 201.00 268.00
18 Solar Industries India Limited Emultek Private Limited Wholly Owned Subsidiary Any other transaction Other operating income 1,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 223.00 0.00 0.00
19 Solar Industries India Limited Emultek Private Limited Wholly Owned Subsidiary Loan 22,000.00 As per the Omnibus approval granted by the Audit Committee.No Remark 19,080.00 2,125.00 0.00
20 Solar Industries India Limited Emultek Private Limited Wholly Owned Subsidiary Loan 22,000.00 As per the Omnibus approval granted by the Audit Committee.No Remark 21,205.00 0.00 0.00
21 Solar Industries India Limited Emultek Private Limited Wholly Owned Subsidiary Interest received As per the Omnibus approval granted by the Audit Committee.No Remark 353.00 0.00 228.00
22 Solar Industries India Limited Solar Explochem Limited Wholly Owned Subsidiary Loan 30,000.00 As per the Omnibus approval granted by the Audit Committee.No Remark 5,017.00 28,309.00 14,681.00
23 Solar Industries India Limited Solar Explochem Limited Wholly Owned Subsidiary Loan 30,000.00 As per the Omnibus approval granted by the Audit Committee.No Remark 18,645.00 0.00 0.00
24 Solar Industries India Limited Solar Explochem Limited Wholly Owned Subsidiary Interest received As per the Omnibus approval granted by the Audit Committee.No Remark 1,402.00 1,935.00 815.00
25 Solar Industries India Limited Solar Explochem Limited Wholly Owned Subsidiary Loan 30,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 4,341.00 0.00 0.00
26 Solar Industries India Limited Solar Explochem Limited Wholly Owned Subsidiary Loan 30,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 4,341.00 0.00 0.00
27 Solar Industries India Limited Solar Explochem Limited Wholly Owned Subsidiary Interest received As per the Omnibus approval granted by the Audit Committee.No Remarks. 48.00 0.00 0.00
28 Solar Industries India Limited Solar Explochem Limited Wholly Owned Subsidiary Purchase of goods or services 10,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 35.00 0.00 0.00
29 Solar Industries India Limited Solar Explochem Limited Wholly Owned Subsidiary Sale of goods or services 10,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 716.00 22.00 54.00
30 Solar Industries India Limited Solar Explochem Zambia Limited Overseas Subsidiary Step down Subsidiary Any other transaction Cross Charges 100.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 27.00 14.00 0.00
31 Solar Industries India Limited Solar Nigachem Limited Overseas Subsidiary Step down Subsidiary Any other transaction Cross Charges 200.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 10.00 5.00 0.00
32 Solar Industries India Limited PT. Solar Mining Services, Indonesia Overseas Subsidiary Step down Subsidiary Any other transaction Cross Charges 100.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 23.00 12.00 0.00
33 Solar Industries India Limited Solar Nitro Chemicals Limited, Tanzania Overseas Subsidiary Step down Subsidiary Any other transaction Cross Charges 100.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 6.00 2.00 0.00
34 Solar Industries India Limited Solar Nitro Zimbabwe Private Limited Overseas Subsidiary Step down Subsidiary Sale of goods or services 5,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 626.00 964.00 1,711.00
35 Solar Industries India Limited Solar Nitro Zimbabwe Private Limited Overseas Subsidiary Step down Subsidiary Any other transaction Cross Charges 100.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 11.00 6.00 0.00
36 Solar Industries India Limited Power Blast LLP Kazakhstan Overseas Subsidiary Step down Subsidiary Sale of goods or services 2,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 19.00 7.00 20.00
37 Solar Industries India Limited Solar Explochem Zambia Limited Overseas Subsidiary Step down Subsidiary Sale of goods or services 10,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 3,827.00 4,457.00 6,060.00
38 Solar Industries India Limited Solar Nigachem Limited Overseas Subsidiary Step down Subsidiary Sale of goods or services 12,500.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 4,440.00 3,620.00 5,025.00
39 Solar Industries India Limited Solar Nigachem Limited Overseas Subsidiary Step down Subsidiary Any other transaction Technical Consultancy 1,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 128.00 0.00 0.00
40 Solar Industries India Limited Solar Nigachem Limited Overseas Subsidiary Step down Subsidiary Any other transaction Arrangement fees 50.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 3.00 0.00 0.00
41 Solar Industries India Limited Solar Patlayici Maddeler San.A.S. Overseas Subsidiary Step down Subsidiary Any other transaction Arrangement fees 100.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 17.00 0.00 0.00
42 Solar Industries India Limited Solar Patlayici Maddeler San.A.S. Overseas Subsidiary Step down Subsidiary Sale of goods or services 10,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 4,163.00 7,188.00 8,114.00
43 Solar Industries India Limited Solar Mining Services (Pty) Ltd, South Africa Overseas Subsidiary Step down Subsidiary Sale of goods or services 40,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 9,699.00 15,015.00 16,337.00
44 Solar Industries India Limited Solar Mining Services (Pty) Ltd, South Africa Overseas Subsidiary Step down Subsidiary Any other transaction Arrangement fees 100.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 17.00 0.00 0.00
45 Solar Industries India Limited Solar Mining Services (Pty) Ltd, Australia Overseas Subsidiary Step down Subsidiary Sale of goods or services 20,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 10,978.00 7,591.00 12,124.00
46 Solar Industries India Limited Solar Mining Services (Pty) Ltd, Australia Overseas Subsidiary Step down Subsidiary Any other transaction Arrangement fees 100.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 10.00 0.00 0.00
47 Solar Industries India Limited Solar Mining Services (Pty) Ltd, Australia Overseas Subsidiary Step down Subsidiary Purchase of goods or services 100.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 2.00 (8.00) (81.00)
48 Solar Industries India Limited Solar Nitro Ghana Limited Overseas Subsidiary Step down Subsidiary Sale of goods or services 7,500.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 2,728.00 1,442.00 2,735.00
49 Solar Industries India Limited Solar Nitro Ghana Limited Overseas Subsidiary Step down Subsidiary Any other transaction Arrangement fees 50.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 9.00 0.00 0.00
50 Solar Industries India Limited Solar Nitro Chemicals Limited, Tanzania Overseas Subsidiary Step down Subsidiary Sale of goods or services 5,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 2,259.00 1,477.00 2,337.00
51 Solar Industries India Limited Solar Overseas Mauritius Limited Wholly owned subsidiary Any other transaction Arrangement fees 500.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 42.00 17.00 0.00
52 Solar Industries India Limited Solar Overseas Mauritius Limited Wholly owned subsidiary Loan 60,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 1,844.00 30,188.00 34,139.00
53 Solar Industries India Limited Solar Overseas Mauritius Limited Wholly owned subsidiary Loan 60,000.00 As per the approval granted by the Audit Committee.No Remarks. 0.00 0.00 0.00
54 Solar Industries India Limited Solar Overseas Mauritius Limited Wholly owned subsidiary Interest received As per the approval granted by the Audit Committee.No Remarks. 1,431.00 1,581.00 1,219.00
55 Solar Industries India Limited PT. Solar Mining Services, Indonesia Overseas Subsidiary Step down Subsidiary Sale of goods or services 5,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 3.00 149.00 0.00
56 Solar Industries India Limited Solar Synthetics Private Limited Entities where directors Close family members of Direcors having control or Significance influence Any other transaction Other Expenditure rent 50.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 2.00 (20.00) (22.00)
57 Solar Industries India Limited Non-Executive Independent Directors Non-Executive Independent Directors Any other transaction Sitting Fees As per the approval of Board of Directors 20.00 0.00 0.00
58 Solar Industries India Limited Directors and Key Managerial Personnel Directors and Key Managerial Personnel Any other transaction Remuneration As per Companies Act, 2013 and Shareholders Approval 2,794.00 (549.00) (1,982.00)
59 Solar Industries India Limited Shri Kailashchandra Nuwal Promoter Any other transaction Remuneration travelling expenses Payable Said amount is payable as a Remuneration travelling expenses for/from the month June 2020 and same has been carried forward and payable as on September 30 2024 0.00 14.00 14.00
60 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Sale of goods or services 55,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 25,670.00 662.00 3,961.00
61 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Any other transaction Cross Charges 200.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 0.00 0.00 0.00
62 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Any other transaction Other Operating Income 1,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 15.00 0.00 0.00
63 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Purchase of goods or services 35,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 12,205.00 (337.00) (134.00)
64 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Any other transaction Availing of Commercial Services 1,000.00 As per the Omnibus approval granted by the Audit Committee.No Remarks. 267.00 0.00 0.00
65 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Loan 35,000.00 As per the approval granted by the Audit Committee.No Remarks. 29,455.00 0.00 25,305.00
66 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Loan As per the approval granted by the Audit Committee.No Remarks. (4,150.00) 0.00 25,305.00
67 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Interest paid As per the approval granted by the Audit Committee.No Remarks. 194.00 0.00 0.00
68 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Loan 20,000.00 As per the approval granted by the Audit Committee.No Remarks. 81,281.00 0.00 0.00
69 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Loan As per the approval granted by the Audit Committee.No Remarks. (81,281.00) 0.00 0.00
70 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Interest received As per the approval granted by the Audit Committee.No Remarks. 354.00 0.00 0.00
71 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Loan As per the approval granted by the Audit Committee.No Remarks. (190.00) 0.00 0.00
72 Solar Defence and Aerospace Limited Solar Industries India Limited Holding Company Interest received As per the approval granted by the Audit Committee.No Remarks. 2.00 0.00 0.00
73 Solar Defence and Aerospace Limited Emultek Private Limited Subsidiary of the Holding Company Sale of goods or services 10,000.00 As per the approval granted by the Audit Committee.No Remarks. 742.00 0.00 4.00
74 Solar Defence and Aerospace Limited ZmotionAutonomous System Pvt Ltd Associates of Holding Company Purchase of goods or services 50,000.00 As per the approval granted by the Audit Committee. No Remarks. 3,150.00 0.00 0.00
75 Solar Defence and Aerospace Limited ZmotionAutonomous System Pvt Ltd Associates of Holding Company Any other transaction Availing Commercial Services 500.00 As per the approval granted by the Audit Committee.No Remarks. 8.00 0.00 0.00
76 Solar Defence and Aerospace Limited Solar Mining Services (Pty) Ltd, South Africa Subsidiary of the Holding Company Purchase of goods or services 7,500.00 As per the approval granted by the Audit Committee.No Remarks. 3,706.00 6,339.00 6,320.00
77 Solar Defence and Aerospace Limited Solar Explochem Limted Subsidiary of the Holding Company Sale of goods or services 10,000.00 As per the approval granted by the Audit Committee.No Remarks. 1.00 0.00 0.00
78 Solar Defence and Aerospace Limited Solar Explochem Limted Subsidiary of the Holding Company Purchase of goods or services 10,000.00 As per the approval granted by the Audit Committee.No Remarks. 5.00 0.00 5.00
79 Solar Explochem Limted Solar Industries India Limited Holding Company Loan 30,000.00 As per the approval granted by the Board .No Remarks. 5,017.00 28,309.00 14,681.00
80 Solar explochem Limted Solar Industries India Limited Holding Company Loan 30,000.00 As per the approval granted by the Board .No Remarks. 18,645.00 0.00 0.00
81 Solar explochem Limted Solar Industries India Limited Holding Company Interest paid As per the approval granted by the Board .No Remarks. 1,402.00 1,935.00 815.00
82 Solar explochem Limted Solar Industries India Limited Holding Company Loan 30,000.00 As per the approval granted by the Board .No Remarks. 4,341.00 0.00 0.00
83 Solar explochem Limted Solar Industries India Limited Holding Company Loan 30,000.00 As per the approval granted by the Board .No Remarks. 4,341.00 0.00 0.00
84 Solar explochem Limted Solar Industries India Limited Holding Company Interest paid As per the approval granted by the Board .No Remarks. 48.00 0.00 0.00
85 Solar explochem Limted Solar Industries India Limited Holding Company Purchase of goods or services 10,000.00 As per the approval granted by the Board .No Remarks. 716.00 22.00 54.00
86 Solar explochem Limted Solar Industries India Limited Holding Company Any other transaction Availing of Commercial Services 1,000.00 As per the approval granted by the Board .No Remarks. 1.00 0.00 0.00
87 Solar explochem Limted Solar Industries India Limited Holding Company Sale of goods or services 10,000.00 As per the approval granted by the Board .No Remarks. 35.00 0.00 0.00
88 Solar explochem Limted Solar Defence and Aerospace Limited Subsidiary of the Holding Company Sale of goods or services 10,000.00 As per the approval granted by the Board .No Remarks. 5.00 0.00 5.00
89 Solar explochem Limted Solar Defence and Aerospace Limited Subsidiary of the Holding Company Purchase of goods or services 10,000.00 As per the approval granted by the Board .No Remarks. 1.00 0.00 0.00
90 Solar explochem Limted Emultek Private Limited Subsidiary of the Holding Company Purchase of goods or services 10,000.00 As per the approval granted by the Board .No Remarks. 264.00 0.00 28.00
91 Emul Tek Private Limited Solar Industries India Limited Holding Company Purchase of goods or services 20,000.00 As per the approval granted by the Board .No Remarks. 3,417.00 (4,482.00) (212.00)
92 Emul Tek Private Limited Solar Industries India Limited Holding Company Sale of goods or services 20,000.00 As per the approval granted by the Board .No Remarks. 231.00 9.00 203.00
93 Emul Tek Private Limited Solar Industries India Limited Holding Company Loan 30,000.00 As per the approval granted by the Board .No Remarks. 17,735.00 (10,186.00) (27,921.00)
94 Emul Tek Private Limited Solar Industries India Limited Holding Company Interest paid As per the approval granted by the Board .No Remarks. 516.00 (201.00) (255.00)
95 Emul Tek Private Limited Solar Industries India Limited Holding Company Loan 22,000.00 As per the approval granted by the Board .No Remarks. (2,125.00) (2,125.00) 0.00
96 Emul Tek Private Limited Solar Industries India Limited Holding Company Interest paid As per the approval granted by the Board .No Remarks. 353.00 0.00 (241.00)
97 Emul Tek Private Limited Solar Industries India Limited Holding Company Any other transaction Other operating Expenses 1,000.00 As per the approval granted by the Board .No Remarks. 224.00 0.00 0.00
98 Emul Tek Private Limited Solar Defence and Aerospace Ltd Subsidiary of the Holding Company Purchase of goods or services 10,000.00 As per the approval granted by the Board .No Remarks. 742.00 (1.00) (4.00)
99 Emul Tek Private Limited Solar Explochem Limited Subsidiary of the Holding Company Sale of goods or services 10,000.00 As per the approval granted by the Board .No Remarks. 264.00 0.00 23.00
100 Emul Tek Private Limited Solar Nitro Chemical Limited Step down Subsidiary of the Holding Company Sale of goods or services 3,500.00 As per the approval granted by the Board .No Remarks. 242.00 746.00 508.00
101 Emul Tek Private Limited Solar Nitro Ghana Limited Step down Subsidiary of the Holding Company Sale of goods or services 2,000.00 As per the approval granted by the Board .No Remarks. 391.00 0.00 413.00
102 Emul Tek Private Limited Solar Nigachem Limited Step down Subsidiary of the Holding Company Sale of goods or services 4,500.00 As per the approval granted by the Board .No Remarks. 2,877.00 636.00 1,902.00
103 Emul Tek Private Limited Solar Mining Services Pty South Africa Step down Subsidiary of the Holding Company Sale of goods or services 2,000.00 As per the approval granted by the Board .No Remarks. 1,718.00 0.00 1,712.00
104 Emul Tek Private Limited Solar Explochem Zambia Liamited Step down Subsidiary of the Holding Company Sale of goods or services 2,500.00 As per the approval granted by the Board .No Remarks. 262.00 756.00 437.00
Total value of transaction during the reporting period 5,03,741.00