Solex Energy 12th AGM Approves Dividend, Director Appointments

Solex Energy Limited

Date: Tuesday, 22nd September 2026
Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
Type: Annual General Meeting
Timing: Commenced at 12:30 PM (IST) and concluded at 12:51 PM (IST)
Chairperson: Dr. Chetan Shah, Chairman and Managing Director

Remote e-voting facility provided through NSDL
Remote e-voting period: 19th September 2026 (9:00 AM IST) to 21st September 2026 (5:00 PM IST)
E-voting during AGM available for members who had not voted remotely
Scrutinizer appointed: M/s RPSS & Co., Company Secretaries, Ahmedabad
Scrutinizer's role: To scrutinize voting through electronic means in fair and transparent manner

The following 13 resolutions were put to vote:

Ordinary Business:

1. Adoption of Audited Consolidated and Standalone Financial Statements for FY 2025-26 (Ordinary Resolution)

2. Declaration of Final Dividend of ₹0.55 per equity share (face value ₹10) for FY 2025-26 (Ordinary Resolution)

3. Re-appointment of Dr. Chetan Shah (DIN: 02253886) as director (Ordinary Resolution)

4. Re-appointment of Mr. Kalpesh Patel (DIN: 01066992) as director (Ordinary Resolution)

Special Business:

5. Appointment of Cost Auditor and ratification of remuneration for FY 2025-26 (Ordinary Resolution)

6. Revision in remuneration of Dr. Chetan Shah, Chairman and Managing Director (Special Resolution)

7. Re-appointment of Dr. Chetan Shah as Chairman and Managing Director (Special Resolution)

8. Re-appointment of Mr. Piyush Chandak (DIN: 09195922) as Whole-time Director (Special Resolution)

9. Approval of inter-corporate loans, guarantees or securities under Section 185 of Companies Act, 2013 (Special Resolution)

10. Approval of loans, investments, guarantees and securities under Section 186 to Solex Green Energy Private Limited (Special Resolution)

11. Approval of loans, investments, guarantees and securities under Section 186 to Solex New Energy Private Limited (Special Resolution)

12. Approval of material related party transactions with subsidiary company (Special Resolution)

13. Increase in Borrowing Limits under Section 180(1)(c) of Companies Act, 2013 (Special Resolution)

Meeting conducted in compliance with Circulars from Ministry of Corporate Affairs and SEBI
Quorum requirements were met as per law
Notice of AGM and Annual Report for FY 2025-26 sent by email to members with registered email addresses
Physical letters dispatched to shareholders without registered email addresses as per Regulation 36 of SEBI LODR
Results of e-voting and Scrutinizer's Report to be disseminated to Stock Exchanges and placed on company website and NSDL website