Solex Energy board recommends Rs 0.55 dividend, approves BSE listing

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SOLEX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹726.15

prior close

₹734.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-0.7% vs market

Other Electrical Equipment peers, median of 56sector+0.6%-0.6% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.6 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.4

10m

+1.4

15m

+2.5

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1+0.7-0.7+0.6-0.6

Next day

-1.0+1.1-2.1+0.0-1.0

+0.5+1.6-1.2-0.0+0.5

-0.7+1.5-2.1+0.6-1.3

-1.9+1.3-3.2-1.0-0.9

-3.0+1.4-4.4-0.8-2.2

-8.8-2.1-6.7-2.7-6.0

15d

-4.6-0.9-3.7-1.6-3.0

-5.1-1.4-3.7-4.8-0.3

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 56Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Solex Energy Limited board met on June 18, 2026 and recommended a dividend of Rs.0.55 per equity share (face value Rs.10) for the financial year ending March 31, 2026, subject to shareholder approval at the upcoming AGM. The board also approved a proposal to list the company's existing equity shares on the BSE mainboard platform, subject to necessary regulatory approvals.

Likely market impact

Modest dividend for shareholders; BSE mainboard listing may improve stock liquidity and visibility once approved.