Outcome of Board Meeting held on today i.e., on Friday, May 29, 2026 in terms of second proviso to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Solarium Green Energy Ltd held its Board Meeting on May 29, 2026, approving audited standalone and consolidated financial results for FY2026 ended March 31, 2026. The company reported revenue from operations of Rs 36,815.10 lakhs, up 60.1% from Rs 23,007.64 lakhs in FY2025. Profit after tax stood at Rs 2,046.97 lakhs, a growth of 10.1% from Rs 1,858.86 lakhs. However, EPS declined to Rs 9.81 from Rs 11.65 due to increased share capital from the IPO. Finance costs nearly tripled to Rs 1,046.73 lakhs from Rs 345.44 lakhs, indicating higher debt levels. The board also appointed Mrs. Aditi Goyal (spouse of Chairman Ankit Garg) as Additional Non-Executive Director, while Mrs. Priya Bansal resigned citing personal reasons. All IPO funds raised in February 2025 have been fully utilized.
Strong revenue growth of 60% is positive, but PAT growth of only 10% and nearly tripled finance costs signal margin pressure. The appointment of Chairman's spouse as director creates a related party concern for investors.