Broker's call: Solar Ind (Hold)
ICICI Securities12-04-2022
SOLAR INDUSTRIES INDIA LTD. - 532725 - Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompaySOLAR INDUSTRIES INDIA LTD. 2CINL74999MH1995PLC085878 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 118.56 4Highest Credit Rating during the previous FY AA+ 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkNSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: Khushboo Pasari Designation: Company Secretary & Compliance Officer EmailId: [email protected] Name of the Chief Financial Officer: Moneesh Agrawal & Shalinee Mandhana Designation: Joint Chief Financial Officers EmailId: [email protected] Date: 12/04/2022 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.12-04-2022
Hold Solar Industries: target of Rs 2850: ICICI Securities
ICICI Securities recommended hold rating on Solar Industries with a target price of Rs 2850 in its research report dated April 08, 2022.11-04-2022
SOLAR INDUSTRIES INDIA LTD. - 532725 - Compliance Certificate For The Year Ended On March 31, 2022.
As per the requirement of Regulation 7(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, we hereby confirm that activities in relation to share transfer facility are maintained during the period April 01, 2021 to March 31, 2022 (both days inclusive) by the Company''s Registrar and Share Transfer Agent, viz., Link lntime India Private Limited, which is registered as Registrar & Share Transfer Agent in Category-I with the Securities and Exchange Board of India vide Registration Number : INR000004058.09-04-2022
SOLAR INDUSTRIES INDIA LTD. - 532725 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
please find enclosed herewith the confirmation certificate received from M/s. Linkin Time India Private Limited, RTA of the Company, pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2022.09-04-2022
SOLAR INDUSTRIES INDIA LTD. - 532725 - Statement Of Investor Complaints For The Quarter Ended March 2022
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 1111 Name of the Signatory :- CS Khushboo PasariDesignation :- Company Secretary and Compliance Officer09-04-2022
SOLAR INDUSTRIES INDIA LTD. - 532725 - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.07-04-2022
SOLAR INDUSTRIES INDIA LTD. - 532725 - Closure of Trading Window
Pursuant to Clause 4, Schedule B and Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015 along with the Company's Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons ; the trading window for dealing in Equity Shares of the Company shall remain closed for all designated persons of the Company and their immediate relatives, from Friday, April 1, 2022 till the end of 48 hours after the declaration of audited financial results of the Company for the quarter and year ended on March 31, 2022.31-03-2022
SOLAR INDUSTRIES INDIA LTD. - 532725 - Board Meeting Outcome for Outcome Of Board Meeting Dated March 31, 2022.
With reference to the captioned subject and pursuant to Regulation 30 read with Part A of Schedule Ill and other regulations of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company at their meeting held on Thursday, March 31, 2022 at 12.15 p.m. at "Solar" House 14, Kachimet, Amravati Road, Nagpur- 440023, have considered and approved inter alia: i) The Re-appointment of Shri Satyanarayan Nuwal as Chairman and Whole Time Director designated as Executive Director for a period of Five (5) years with effect from April 1, 2022 and revision in terms of his remuneration, subject to the approval of shareholders at the ensuing Annual General Meeting. ii) The Re-appointment of Shri Manish Nuwal as Managing Director for a period of Five (5) years with effect from April 1, 2022 and revision in terms of his remuneration, subject to the approval of shareholders at the ensuing Annual General Meeting.31-03-2022
SOLAR INDUSTRIES INDIA LTD. - 532725 - Announcement under Regulation 30 (LODR)-Credit Rating
In accordance with the Regulation 30 read with Para A of part A of Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that CRISIL Ratings Limited has reaffirmed the rating for the bank facilities of Solar Industries India Limited.19-03-2022