Date: July 13, 2026
Foundation Membership Details
Solex Energy Limited has approved becoming a member in Solex Foundation, a Section 8 company not having share capital limited by guarantee.
Target Entity Details:
- Name: Solex Foundation
- Type: Section 8 Company Not having Share Capital Limited by Guarantee
- Industry: Non-Profit Organisation
- Date of Incorporation: March 11, 2026
- Country: India
- Turnover: Not Applicable (Newly Incorporated)
Transaction Nature:
- Related Party Transaction: Yes
- Promoter Interest: Yes, the Directors of the company are also the members of Foundation
- Consideration: The company has been admitted as a Guarantor Member to the extent of guarantee not exceeding ₹400
- Governmental/Regulatory Approvals: Not Applicable
- Time Period for Completion: Not Applicable
- Shareholding/Control Acquired: Not Applicable
Purpose and Impact:
The Company has joined the Foundation to advance its CSR objectives. The activities do not impact the core commercial business lines of the Company.
Regulatory Compliance:
Disclosure made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Azmin Chiniwala, Company Secretary & Compliance Officer