We are pleased to provide a business update of Insolation Energy Limited (INA Solar) covering the main Board Migration status, module supply of order book and the status of its wholly owned ....
INA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Insolation Energy (INA Solar) has applied to migrate from BSE's SME platform to the Main Board, paying the required processing fees on December 3, 2025. Its wholly owned subsidiary Insolation Green Energy has commenced commercial operations of 3 GW PV Module manufacturing lines at Sawarda, Jaipur, with the balance 1.5 GW expected by January 2026, and has secured BIS certification for G12R panels up to 635WP with ALMM approval expected soon. Construction is in full swing for a 4.5 GW TopCon G12R Solar Cell plant and an 18,000 MT Aluminium Frame Manufacturing plant at Narmadapuram, Madhya Pradesh, with major equipment orders placed. The current group order book stands at 1,750 MW for solar module supply and 625 MW for EPC projects, totaling 2,375 MW.
The Main Board migration and capacity ramp-up signal a growth-focused phase, which may improve visibility and liquidity for shareholders, while the strong order book of ~2,375 MW provides near-term revenue support but execution risks on new plants remain.