NSENews Verification3d ago · 3 Sept 2026, 02:35 pm
News Verification
Solar Industries India Limited · SOLARINDS
✦ AI SummaryRegulatory
Solar Industries India Limited has been asked by the Exchange to clarify recent news about a potential acquisition in South Africa, which led to a 4.5% rise in shares. The company responded that it evaluates various strategic opportunities but has no material event to disclose at this stage.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment6/10
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Full Announcement
The Exchange has sought clarification from Solar Industries India Limited with respect to recent news item captioned Solar Industries likely to acquire big global firm in South Africa, reports CNBC-Awaaz; shares rise 4.5%. The response from the Company is attached.
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SOLARINDS_03092026143546_Clarification_NSE.pdf
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Public
September 3, 2026
Na(cid:415)onal Stock Exchange of India Limited,
Lis(cid:415)ng Department,
Exchange Plaza, C-1,
Block G, Bandra Kurla Complex,
Bandra (East), Mumbai-400051
Scrip Symbol: “SOLARINDS”
Subject: Clarifica(cid:415)on under Regula(cid:415)on 30(11) of Securi(cid:415)es and Exchange Board of India (Lis(cid:415)ng
Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 (“Lis(cid:415)ng Regula(cid:415)ons”) on news item
appearing in “Mainstream Media”
Dear Sir/Madam,
This has reference to your communica(cid:415)on under reference number NSE/CM/Surveillance/17468 dated
September 3, 2026 seeking clarifica(cid:415)on on news ar(cid:415)cle published in the newspaper for following queries.
(a) Whether such nego(cid:415)a(cid:415)ons were taking place? If so, you are advised to provide the said informa(cid:415)on
along with the sequence of events in chronological order from the start of nego(cid:415)a(cid:415)ons (cid:415)ll date.
The Company evaluates various strategic opportuni(cid:415)es in the ordinary course, for growth and expansion
of its business in the ordinary course. At this stage, there is no material event/ informa(cid:415)on that requires
disclosure under Regula(cid:415)on 30 of the Securi(cid:415)es and Exchange Board of India (Lis(cid:415)ng Obliga(cid:415)ons and
Disclosure Requirements) Regula(cid:415)ons, 2015 (“SEBI LODR Regula(cid:415)ons”). With respect to the statements
made in news ar(cid:415)cle, these are specula(cid:415)ve in nature and are not specific in its details. The Company does
not deal with anything specula(cid:415)ve and as and when any opportunity reaches defini(cid:415)ve stage, appropriate
announcements would be made, in compliance with the obliga(cid:415)ons under SEBI LODR Regula(cid:415)ons and our
agreements with the stock exchanges.
(b) Whether you/company are aware of any informa(cid:415)on that has not been announced to the Exchanges
which could explain the movement in the trading, if any? Further, you are advised to provide the said
informa(cid:415)on and the reasons for not disclosing the same to the Exchange earlier as required under
regula(cid:415)on 30 of the SEBI (LODR) Regula(cid:415)ons, 2015.
We are not aware of any informa(cid:415)on that has not been announced to the Exchanges which could explain
the aforesaid movement in the trading.
Public
Public
(c) The material impact of this ar(cid:415)cle on the Company.
There is no material impact on the Company.
This is for your informa(cid:415)on and record.
Yours truly,
For Solar Industries India Limited
Khushboo Pasari
Company Secretary &
Compliance Officer
Public