532725 2024-04-01 2024-09-30 532725 2024-09-30 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain1 532725 2024-03-31 RelatedPartyTransactionDomain1 532725 2024-09-30 RelatedPartyTransactionDomain1 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain2 532725 2024-03-31 RelatedPartyTransactionDomain2 532725 2024-09-30 RelatedPartyTransactionDomain2 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain3 532725 2024-03-31 RelatedPartyTransactionDomain3 532725 2024-09-30 RelatedPartyTransactionDomain3 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain4 532725 2024-03-31 RelatedPartyTransactionDomain4 532725 2024-09-30 RelatedPartyTransactionDomain4 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain5 532725 2024-03-31 RelatedPartyTransactionDomain5 532725 2024-09-30 RelatedPartyTransactionDomain5 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain6 532725 2024-03-31 RelatedPartyTransactionDomain6 532725 2024-09-30 RelatedPartyTransactionDomain6 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain7 532725 2024-03-31 RelatedPartyTransactionDomain7 532725 2024-09-30 RelatedPartyTransactionDomain7 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain8 532725 2024-03-31 RelatedPartyTransactionDomain8 532725 2024-09-30 RelatedPartyTransactionDomain8 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain9 532725 2024-03-31 RelatedPartyTransactionDomain9 532725 2024-09-30 RelatedPartyTransactionDomain9 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain10 532725 2024-03-31 RelatedPartyTransactionDomain10 532725 2024-09-30 RelatedPartyTransactionDomain10 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain11 532725 2024-03-31 RelatedPartyTransactionDomain11 532725 2024-09-30 RelatedPartyTransactionDomain11 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain12 532725 2024-03-31 RelatedPartyTransactionDomain12 532725 2024-09-30 RelatedPartyTransactionDomain12 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain13 532725 2024-03-31 RelatedPartyTransactionDomain13 532725 2024-09-30 RelatedPartyTransactionDomain13 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain14 532725 2024-03-31 RelatedPartyTransactionDomain14 532725 2024-09-30 RelatedPartyTransactionDomain14 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain15 532725 2024-03-31 RelatedPartyTransactionDomain15 532725 2024-09-30 RelatedPartyTransactionDomain15 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain16 532725 2024-03-31 RelatedPartyTransactionDomain16 532725 2024-09-30 RelatedPartyTransactionDomain16 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain17 532725 2024-03-31 RelatedPartyTransactionDomain17 532725 2024-09-30 RelatedPartyTransactionDomain17 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain18 532725 2024-03-31 RelatedPartyTransactionDomain18 532725 2024-09-30 RelatedPartyTransactionDomain18 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain19 532725 2024-03-31 RelatedPartyTransactionDomain19 532725 2024-09-30 RelatedPartyTransactionDomain19 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain20 532725 2024-03-31 RelatedPartyTransactionDomain20 532725 2024-09-30 RelatedPartyTransactionDomain20 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain21 532725 2024-03-31 RelatedPartyTransactionDomain21 532725 2024-09-30 RelatedPartyTransactionDomain21 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain22 532725 2024-03-31 RelatedPartyTransactionDomain22 532725 2024-09-30 RelatedPartyTransactionDomain22 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain23 532725 2024-03-31 RelatedPartyTransactionDomain23 532725 2024-09-30 RelatedPartyTransactionDomain23 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain24 532725 2024-03-31 RelatedPartyTransactionDomain24 532725 2024-09-30 RelatedPartyTransactionDomain24 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain25 532725 2024-03-31 RelatedPartyTransactionDomain25 532725 2024-09-30 RelatedPartyTransactionDomain25 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain26 532725 2024-03-31 RelatedPartyTransactionDomain26 532725 2024-09-30 RelatedPartyTransactionDomain26 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain27 532725 2024-03-31 RelatedPartyTransactionDomain27 532725 2024-09-30 RelatedPartyTransactionDomain27 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain28 532725 2024-03-31 RelatedPartyTransactionDomain28 532725 2024-09-30 RelatedPartyTransactionDomain28 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain29 532725 2024-03-31 RelatedPartyTransactionDomain29 532725 2024-09-30 RelatedPartyTransactionDomain29 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain30 532725 2024-03-31 RelatedPartyTransactionDomain30 532725 2024-09-30 RelatedPartyTransactionDomain30 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain31 532725 2024-03-31 RelatedPartyTransactionDomain31 532725 2024-09-30 RelatedPartyTransactionDomain31 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain32 532725 2024-03-31 RelatedPartyTransactionDomain32 532725 2024-09-30 RelatedPartyTransactionDomain32 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain33 532725 2024-03-31 RelatedPartyTransactionDomain33 532725 2024-09-30 RelatedPartyTransactionDomain33 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain34 532725 2024-03-31 RelatedPartyTransactionDomain34 532725 2024-09-30 RelatedPartyTransactionDomain34 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain35 532725 2024-03-31 RelatedPartyTransactionDomain35 532725 2024-09-30 RelatedPartyTransactionDomain35 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain36 532725 2024-03-31 RelatedPartyTransactionDomain36 532725 2024-09-30 RelatedPartyTransactionDomain36 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain37 532725 2024-03-31 RelatedPartyTransactionDomain37 532725 2024-09-30 RelatedPartyTransactionDomain37 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain38 532725 2024-03-31 RelatedPartyTransactionDomain38 532725 2024-09-30 RelatedPartyTransactionDomain38 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain39 532725 2024-03-31 RelatedPartyTransactionDomain39 532725 2024-09-30 RelatedPartyTransactionDomain39 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain40 532725 2024-03-31 RelatedPartyTransactionDomain40 532725 2024-09-30 RelatedPartyTransactionDomain40 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain41 532725 2024-03-31 RelatedPartyTransactionDomain41 532725 2024-09-30 RelatedPartyTransactionDomain41 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain42 532725 2024-03-31 RelatedPartyTransactionDomain42 532725 2024-09-30 RelatedPartyTransactionDomain42 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain43 532725 2024-03-31 RelatedPartyTransactionDomain43 532725 2024-09-30 RelatedPartyTransactionDomain43 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain44 532725 2024-03-31 RelatedPartyTransactionDomain44 532725 2024-09-30 RelatedPartyTransactionDomain44 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain45 532725 2024-03-31 RelatedPartyTransactionDomain45 532725 2024-09-30 RelatedPartyTransactionDomain45 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain46 532725 2024-03-31 RelatedPartyTransactionDomain46 532725 2024-09-30 RelatedPartyTransactionDomain46 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain47 532725 2024-03-31 RelatedPartyTransactionDomain47 532725 2024-09-30 RelatedPartyTransactionDomain47 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain48 532725 2024-03-31 RelatedPartyTransactionDomain48 532725 2024-09-30 RelatedPartyTransactionDomain48 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain49 532725 2024-03-31 RelatedPartyTransactionDomain49 532725 2024-09-30 RelatedPartyTransactionDomain49 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain50 532725 2024-03-31 RelatedPartyTransactionDomain50 532725 2024-09-30 RelatedPartyTransactionDomain50 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain51 532725 2024-03-31 RelatedPartyTransactionDomain51 532725 2024-09-30 RelatedPartyTransactionDomain51 532725 2024-04-01 2024-09-30 RelatedPartyTransactionDomain52 532725 2024-03-31 RelatedPartyTransactionDomain52 532725 2024-09-30 RelatedPartyTransactionDomain52 iso4217:INR xbrli:pure Solar Industries India Limited 532725 SOLARINDS NOTLISTED 2024-04-01 2025-03-31 First half yearly 2024-04-01 2024-09-30 Crores true true NA NA false true 2023-11-02 www.solargroup.com Solar Industries India Limited Economic Explosives Limited Wholly owned subsidiary Sale of goods or services 3500000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 518400000 11500000 19500000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Economic Explosives Limited Wholly owned subsidiary Any other transaction Other Operating Income- Transportation 50000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 15900000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Economic Explosives Limited Wholly owned subsidiary Purchase of goods or services 5500000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 1690700000 -93500000 19900000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Economic Explosives Limited Wholly owned subsidiary Any other transaction Availing of Commerical Services 50000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 3900000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Economic Explosives Limited Wholly owned subsidiary Loan 3500000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 468000000 0 468000000 Loan 0.09 Repayment not exceeding 360 days from thae date of disbrusment Unsecured Business Purpose 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Economic Explosives Limited Wholly owned subsidiary Interest received Audit Committee has granted approval for providing long term loan 21300000 0 19500000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Emultek Private Limited Wholly owned subsidiary Sale of goods or services 100000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 17100000 14000000 2600000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Emultek Private Limited Wholly owned subsidiary Purchase of goods or services 100000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 5300000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Emultek Private Limited Wholly owned subsidiary Loan 2000000000 Audit Committee has granted approval for providing long term loan 0 951100000 951100000 Loan 0.08 Repayable within 5 years from the date of the Agreement Unsecured Business Purpose 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Emultek Private Limited Wholly owned subsidiary Interest received Audit Committee has granted approval for providing long term loan 42900000 0 19500000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Explochem Limited Wholly owned subsidiary Loan 2000000000 Audit Committee has granted approval for providing long term loan 401300000 370300000 771600000 Loan 0.095 Repayable within 3 years from the date of agreement Unsecured Business Purpose 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Explochem Limited Wholly owned subsidiary Interest received . 26400000 16200000 39900000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Explochem Limited Wholly owned subsidiary Purchase of goods or services 10000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 1800000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Rajasthan Explosives Chemicals Limited Step down Subsidiary Any other transaction Other operating Income-Transportation 50000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 18000000 0 2400000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. 4. Pursuant to the approved scheme of amalgamation by National Company Law Tribunal (‘NCLT’), Mumbai on September 04, 2024, Rajasthan Explosives and Chemicals Limited (‘RECL’) (step down subsidiary of the Company) is merged with Emul Tek Private Limited (‘ETPL’) (wholly owned subsidiary of the Company), with effect from the appointed date i.e. April 10,2023. The scheme has no impact on the consolidated financial results since RECL has been consolidated from December 16, 2023 by virtue of management control. Solar Industries India Limited Solar Explochem Zambia Limited Overseas subsidiary /Step down subsidiary Sale of goods or services 1000000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 331400000 2200000 141200000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Nigachem Limited Overseas subsidiary /Step down subsidiary Sale of goods or services 1250000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 377900000 403100000 325700000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Nigachem Limited Overseas subsidiary /Step down subsidiary Any other transaction Other Operating Income- Technical Consultancy Fees 100000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 11800000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Nigachem Limited Overseas subsidiary /Step down subsidiary Any other transaction Arrangement Fees 5000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 200000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Patlayici Maddeler San.A.S. Overseas subsidiary /Step down subsidiary Sale of goods or services 1000000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 224700000 275600000 407100000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Patlayici Maddeler San.A.S. Overseas subsidiary /Step down subsidiary Any other transaction Arrangement Fees 10000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 1600000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Mining Services (Pty) Ltd, South Africa Overseas subsidiary /Step down subsidiary Sale of goods or services 1500000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 585900000 960900000 1007300000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Mining Services (Pty) Ltd, South Africa Overseas subsidiary /Step down subsidiary Any other transaction Arrangement Fees 10000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 1900000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Mining Services (Pty) Ltd, Australia Overseas subsidiary /Step down subsidiary Sale of goods or services 2000000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 608400000 813900000 823800000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Mining Services (Pty) Ltd, Australia Overseas subsidiary /Step down subsidiary Any other transaction Arrangement Fees 10000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 2100000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Mining Services (Pty) Ltd, Australia Overseas subsidiary /Step down subsidiary Purchase of goods or services 10000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 100000 -300000 -400000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Nitro Ghana Limited Overseas subsidiary /Step down subsidiary Sale of goods or services 750000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 86000000 126400000 64500000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Nitro Ghana Limited Overseas subsidiary /Step down subsidiary Any other transaction Arrangement Fees 5000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 800000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Nitro Chemicals Limited, Tanzania Overseas subsidiary /Step down subsidiary Sale of goods or services 500000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 211300000 100300000 141200000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Overseas Mauritius Limited Wholly owned subsidiary Any other transaction Arrangement Fees 50000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 5400000 800000 3700000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Overseas Mauritius Limited Wholly owned subsidiary Loan 6000000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 2697200000 2064200000 4776200000 Loan 0.09 Repayable within 12 months from the date of Agreement Unsecured Business purpose 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Overseas Mauritius Limited Wholly owned subsidiary Interest received Audit Committee has granted approval for providing long term loan 149900000 158400000 55600000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited PT. Solar Mining Services, Indonesia Overseas subsidiary /Step down subsidiary Sale of goods or services 500000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 52200000 113200000 52900000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Synthetics Private Limited Entities where Directors/Close family members of Directors having control/significant influence Any other transaction Other Expenditure- Rent 5000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 200000 -1400000 -1600000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Madencilik Hizmetleri A.S., Turkey Overseas subsidiary /Step down subsidiary Any other transaction Insurance Charges to be recovered 10000000 As per the Omnibus approval granted by the Audit Committee.No Remarks. 200000 0 200000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and fellow subsidiaries. The Company routinely enters into transactions with these realted parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. 4. Remuneration of Directors and KMPs includes amount payable as on March31, 2024. 5. Remuneration (salary, sitting fees etc.) paid by the subsidiaries to their directors / KMPs is not included in the statement above. 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 2100000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and fellow subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. 4. Non-Executive Independent directors were only paid sitting fees for attending Board & Board Committee meetings thereof. The Group has not entered into any other transactions with its Non-Executive Independent Directors or the enterprises over which they have significant influence. Solar Industries India Limited Directors and Key Managerial Personnel Directors and Key Managerial Personnel Any other transaction As per the Companies Act, 2013 and Shareholders' Approval As per the Companies Act, 2013 and Shareholders' Approval 119900000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and fellow subsidiaries. The Company routinely enters into transactions with these realted parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. 4. Remuneration of Directors and KMPs includes amount payable as on March31, 2024. 5. Remuneration (salary, sitting fees etc.) paid by the subsidiaries to their directors / KMPs is not included in the statement above. Solar Industries India Limited Shri Kailashchandra Nuwal Promoter Any other transaction Remuneration/travelling expenses Payable 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. No Remarks. 0 -1300000 -1300000 Shri Kailashchandra Nuwal, Executive Director and Vice Chairman of Solar Industries India Limited has vacated office of Director with effect from November 7, 2019 on account of failure to make disclosures of his shareholding and directorship in AG Technologies Private Limited in the correct / complete format, either on the date of becoming a director thereof or facilitating, without the prior approval of the Audit Committee, a Rent Agreement between Solar Industries India Limited and AG Technologies Private Limited, which was related party. Based on legal opinions obtained, the Company has concluded that the aforesaid act was a violation of section 184(1) and 184(2) of the Companies Act, 2013, Rule 9 of Companies (Meeting of Board and its Powers) Rules 2014, Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Policy on Related Party Transactions of Solar Industries India Limited. The Company has intimated the Stock exchanges and filed necessary documents with the Registrar of Companies intimating vacation of office by the said Director. Shri Kailashchandra Nuwal had filed Company Petition in which the Honble NCLT, Mumbai Bench, passed an interim order dated February 9, 2021, allowing two prayers. The Company had challenged the same before the Honble NCLAT, Delhi Bench, wherein interim order was passed staying the order of Honble NCLT dated February 9, 2021. On December 14, 2021, the Hon'ble NCLAT Delhi had dismissed the appeal. The Company challenged the order before the Honble Supreme Court of India by filling an Appeal, in which by way of interim order dated January 10, 2022 it has stayed the operation of the impugned orders passed by the Honble NCLT and the Honble NCLAT. Hence, the name of Shri Kailashchandra Nuwal is not mentioned as a Director. Amount in negative is payable to related party. Solar Industries India Limited Economic Explosives Limited Wholly owned subsidiary Any other transaction Cross Charges Public/Product 20000000 Approval by the Audit Committee.No Remarks. 4700000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Economic Explosives Limited Wholly owned subsidiary Any other transaction Licence Purchased 20000000 Approval by the Audit Committee.No Remarks. 3000000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Emultek Private Limited Wholly owned subsidiary Loan 1000000000 Approval by the Audit Committee.No Remarks. 273600000 0 273600000 Loan 0.09 Repayment not exceeding 360 days Unsecured Business purpose 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Emultek Private Limited Wholly owned subsidiary Interest received Audit Committee has granted approval for providing long term loan 2500000 0 2200000 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Emultek Private Limited Wholly owned subsidiary Any other transaction Cross Charges Public/Product 10000000 Approval by the Audit Committee.No Remarks. 2100000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Rajasthan Explosives Chemicals Limited Step down Subsidiary Purchase of goods or services 250000000 Approval by the Audit Committee.No Remarks. 1200000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. 4. Pursuant to the approved scheme of amalgamation by National Company Law Tribunal (‘NCLT’), Mumbai on September 04, 2024, Rajasthan Explosives and Chemicals Limited (‘RECL’) (step down subsidiary of the Company) is merged with Emul Tek Private Limited (‘ETPL’) (wholly owned subsidiary of the Company), with effect from the appointed date i.e. April 10,2023. The scheme has no impact on the consolidated financial results since RECL has been consolidated from December 16, 2023 by virtue of management control. Solar Industries India Limited Solar Explochem Zambia Limited Overseas subsidiaries /Step down subsidiaries Any other transaction Cross Charges Public/Product 10000000 Approval by the Audit Committee.No Remarks. 2500000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Nigachem Limited Overseas subsidiaries /Step down subsidiaries Any other transaction Cross Charges Public/Product 20000000 Approval by the Audit Committee.No Remarks. 5000000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited PT. Solar Mining Services, Indonesia Overseas subsidiaries /Step down subsidiaries Any other transaction Cross Charges Public/Product 10000000 Approval by the Audit Committee.No Remarks. 200000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Patlayici Maddeler San.A.S. Overseas subsidiaries /Step down subsidiaries Any other transaction Cross Charges Public/Product 20000000 Approval by the Audit Committee.No Remarks. 7100000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Mining Services (Pty) Ltd, South Africa Overseas subsidiaries /Step down subsidiaries Any other transaction Cross Charges Public/Product 20000000 Approval by the Audit Committee.No Remarks. 2500000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Mining Services (Pty) Ltd, Australia Overseas subsidiaries /Step down subsidiaries Any other transaction Cross Charges Public/Product 20000000 Approval by the Audit Committee.No Remarks. 1500000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Nitro Ghana Limited Overseas subsidiaries /Step down subsidiaries Any other transaction Cross Charges Public/Product 10000000 Approval by the Audit Committee.No Remarks. 900000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Solar Nitro Chemicals Limited, Tanzania Overseas subsidiaries /Step down subsidiaries Any other transaction Cross Charges Public/Product 10000000 Approval by the Audit Committee.No Remarks. 1000000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. Solar Industries India Limited Rajasthan Explosives Chemicals Limited Step down Subsidiary Sale of goods or services 250000000 Approval by the Audit Committee.No Remarks. 11000000 0 0 1. The Company`s related parties principally consists of its wholly owned subsidiaries and Overseas subsidiaries /Step down subsidiaries. The Company routinely enters into transactions with these related parties in the ordinary course of business at market rates and terms. 2. Amounts reported are exclusive of GST wherever applicable. 3. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the Company or the subsidiary, as the case may be. 4. Pursuant to the approved scheme of amalgamation by National Company Law Tribunal (‘NCLT’), Mumbai on September 04, 2024, Rajasthan Explosives and Chemicals Limited (‘RECL’) (step down subsidiary of the Company) is merged with Emul Tek Private Limited (‘ETPL’) (wholly owned subsidiary of the Company), with effect from the appointed date i.e. April 10,2023. The scheme has no impact on the consolidated financial results since RECL has been consolidated from December 16, 2023 by virtue of management control. 9021000000