BSECompany Update2d ago · 14 Aug 2026, 05:31 pm

Re-appointment of M/s MM & Associates (Firm Reg. No. 000454), as Cost Auditor of the Company for the FY 2026-27

Solarworld Energy Solutions Ltd · 544532

✦ AI SummaryMgmt Change

The board of directors of Solarworld Energy Solutions Ltd has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and re-appointed M/s MM & Associates as the cost auditor for the financial year 2026-27.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Solarworld Energy Solutions Ltd - 544532 - Announcement under Regulation 30 (LODR)-Change in Management

Attachments (1)

📄

f64e0173-a967-4990-bd74-b39a15ee2255.pdf

pdf

Download →
View document text
August 14, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai – 400051 Scrip Code: 544532 Symbol: SOLARWORLD Subject: Outcome of the Board Meeting held today i.e. August 14, 2026 Dear Sir/Madam, Pursuant to Regulation 30 (read with Part A of Schedule III) and other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“SEBI Listing Regulations”), we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e. on Friday, August 14, 2026, inter-alia considered the following matters: 1. Approval of Un-Audited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2026 In terms of the provisions of Regulation 33 of the SEBI Listing Regulations, we are enclosing herewith a copy of the following: a. Un- Audited (Standalone and Consolidated) Financial Results for the quarter ended June 30, 2026; b. Limited Review Report on the said Un-Audited (Standalone and Consolidated) Financial Results received from the Statutory Auditors of the Company. 2. Re-Appointment of Cost Auditor of the Company for the financial year 2026-27 Re-Appointment of M/s MM & Associates (Firm Reg. No. 000454), as Cost Auditor of the Company for the financial year 2026-27. The requisite disclosure as required under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations and SEBI master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as Annexure-A. The meeting commenced at 3:00 p.m. and concluded at 4:20 p.m. This outcome is also being uploaded on the Company’s website at https://worldsolar.in/. We request you to kindly take the same on record. Thanking You. Yours faithfully, For Solarworld Energy Solutions Limited (Formerly Known as Solarworld Energy Solutions Private Limited) Varsha Bharti Company Secretary and Compliance Officer Membership No.: A37545 Encl.: A/a Regd. Office : 501, Padma Palace, 86, Nehru Place, New Delhi-110019, India Corp. Office : 3rd Floor, A-45 to 50, Pioneer House, Sec-16, Noida-201301 (U.P.) India Tel. (EPABX) : 91-120-4269273 Website : www.worldsolar.in E-mail : info@worldsolar.in CIN : L42201DL2013PLC255455 S S KOTHARI MEHTA & CO. LLP DARPN AND COMPANY Chartered Accountants Chartered Accountants Firm’s Registration No. 000756N/N500441 Firm’s Registration No. 016790C Plot No. 68, Okhla Industrial Estate Phase-III B-47, Gali No. 4, Mohan Baba Nagar, Badarpur, New Delhi-110020 New Delhi-110044 Independent auditor’s review report on unaudited standalone financial results of Solarworld Energy Solutions Limited for the quarter ended June 30, 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors, Solarworld Energy Solutions Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Solarworld Energy Solutions Limited (formerly known as Solarworld Energy Solutions Private Limited) (the ‘Company') for the quarter ended June 30, 2026 (the ‘Statement’), attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. This Statement, which is the responsibility of the Company’s management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, “Interim Financial Reporting” (‘Ind AS 34’), prescribed under Section 133 of the Companies Act, 2013 (‘the Act’), and other accounting principles generally accepted in India and in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Page 1 of 2 S S KOTHARI MEHTA & CO. LLP DARPN AND COMPANY Chartered Accountants Chartered Accountants Firm’s Registration No. 000756N/N500441 Firm’s Registration No. 016790C Plot No. 68, Okhla Industrial Estate Phase-III B-47, Gali No. 4, Mohan Baba Nagar, Badarpur, New Delhi-110020 New Delhi-110044 5. Emphasis of matter We draw attention to note 6 to the Statement, which describes uncertainties relating to the outcome of the proceeding in relation of suspended project with SJVN Green Energy Limited ("SJVN") relating to EPC contract awarded by them to the Company. The matter is currently pending adjudication in Hon’ble Dispute Adjudication Board, the outcome of which cannot be presently determined. However, considering the terms of the contract and based on the assessment, technical evaluation and legal advice, the management is confident of getting favourable order and that all amounts due from SJVN are considered as good and fully recoverable and no provision is considered necessary at this stage. Our conclusion on the Statement is not modified in respect of this matter. For S S Kothari Mehta & Co. LLP For DARPN AND COMPANY Chartered Accountants Chartered Accountants Firm’s Registration No. 000756N/N500441 Firm’s Registration No. 016790C Ashish Kumar Mishra Pankaj Gupta Partner Partner Membership No. 512497 Membership No. 418438 Place: Noida Place: Noida Date: August 14, 2026 Date: August 14, 2026 UDIN: 26512497VMHVPO1847 UDIN: 26418438OABWHS2894 Page 2 of 2 Solarworld Energy Solutions Limited (formerly, Solarworld Energy Solutions Private Limited) Registered Office: 501, Padma Palace, 86, Nehru Place, South Delhi, New Delhi-110019, Delhi Corporate Office: 3rd Floor, A-45 to 50, Pioneer House, Sec-16, Noida-201301 (U.P.) India Email: info@worldsolar.in, Website: www.worldsolar.in, Contact no: +91-120-4269273 CIN: L42201DL2013PLC255455 STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 Quarter ended For the year ended Sr. June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 No Particulars (Unaudited) (Audited) (Unaudited) (Audited) (Refer Note 3) 1 Revenue from operations 1 ,439.60 5 ,115.00 6 83.12 1 2,020.05 2 Other income 132.35 2 00.89 1 37.36 5 07.11 3 Total Income (1+2) 1 ,571.95 5,315.89 820.48 12,527.16 Expenses (a) Cost of materials consumed 9 26.73 3 ,922.04 2 73.54 9 ,115.26 (b) Engineering, procurement and construction project [Showing first 8,000 characters — download PDF for full document]