BSECompany Update5d ago · 15 Aug 2026, 04:33 pm
Enclosing herewith the extracts of newspaper publication of unaudited financials for the quarter ended 30.06.2026
KSE Ltd-$ · 519421
✦ AI Summary▲ PositiveResults
KSE Ltd-$ has announced unaudited financial results for the quarter ended 30.06.2026, with the company's subsidiary, Juniper Hospitality, planning to invest ₹850 crore to develop a 5-star luxury hotel in Delhi, adding about 550 keys, and aiming to expand to about 1,000 keys by 2030. The company also plans to add a record 50 gigawatts capacity, driven by the government's ALMM mandate.
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KSE Ltd-$ - 519421 - Announcement under Regulation 30 (LODR)-Newspaper Publication
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15 August 2026
BSE Limited
Corporate Relationship Department
First Floor, New Trading Ring
Rotunda Building
P.J. Towers, Dalal Street
Mumbai – 400 001.
Dear Sirs,
Sub: Newspaper Advertisement – Unaudited Financial Results for the Quarter ended 30th June
2026 pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we enclose here with copies of Extracts of the Unaudited Financial Results
of the Company for Quarter ended 30th June 2026 in Mathrubhumi (Malayalam) and Business
Line (English) daily newspapers on 15th August, 2026.
You may kindly take the above information on record.
Thanking You,
Yours faithfully,
For KSE Limited
Srividya Damodaran
Company Secretary
news bl
MUMBAI 7
businessline.
SATURDAY-AUGUST15-2026
India heading for historic solar
QUICKLY. Just In Time aiming for
Juniper to invest ₹850 cr
major expansion, eyes
to build luxury hotel
installation numbers this year
₹1,000 cr revenue mark
Mumbai:Juniper Hotels plans
to invest ₹850 crore to develop
a 5-star luxury hotel in Delhi,
adding about 550 keys. Upon AMBITIOUS PUSH. It plans to add a record 50 gigawatts capacity, driven by the government’s ALMM mandate Meenakshi Verma Ambwani
completion, Juniper’s presence
New Delhi
in New Delhi is expected to
ports from China. However, from the 2026 full-build
expand to about 1,000 keys.
Rishi Ranjan Kala sourcing has pivoted toward baseline of 88 GW,” it added. Multi-brand watch retailer
The hotel is targeted for
New Delhi Southeast Asia, with Indone- Just In Time, which recently
completion by 2030. The
sian cell imports nearly trip- ELEVATED PRICES hit the 100thstore milestone,
company executed a licence
India is on course to add a re- ling in early 2026. Even as new cell capacity is aiming to ramp up its retail
deed with the Delhi
cord 50 gigawatts (GW) of In the first five months of comes online, Wood Mack- footprint as it is eyeing rev-
Development Authority,
solar power capacity in the 2026, India imported 5 GW enzie expects insufficient enues of ₹1,000 crore by
through its wholly-owned
2026 calendar year, largely of wafers and 20 GW of cells, utilisation to keep supply FY27-end.
subsidiary, Juniper Hospitality
aided by the ALMM mandate with wafer imports climbing short of demand in 2027. The company, which has unlike some other
Assets. The hotel will enjoy a
for solar PV cells and the 86 per cent year-on-year to “Cell production is projec- been focusing on the top 20 categories.
prime location overlooking the
phased removal of waivers support domestic cell pro- ted to reach 29 GW next year, cities, said it is looking at “We have been growing
DDA Dwarka Golf Course and
for inter-state transmission duction, it pointed out. still falling 21 GW short of widening its retail footprint our revenues at 35-38 per
in proximity to Yashobhoomi
charges. the average annual module in newer markets while con- cent annually, which is ahead
Convention Centre, as well as
the Dwarka Sports Complex. The country is set to com- TARIFF ADJUSTMENT. The accelerated build-out was driven CUSTOMS DUTY demand of 50 GW. As a res- tinuing to deepen presence of industry growth rate. We
The unique setting is expected mission more solar capacity by the phased removal of waivers for transmission charges India has imposed a 20 per ult, system prices are fore- in existing cities. aim to touch ₹1,000 crore
in 2026 than in any year in its cent basic customs duty on cast to decline by just 3 per Ronak Shah, CEO, Just In revenue mark by FY 27-end.
to enhance the property’s
installation history, even as imported cells and modules, cent between Q4 2026 and Time, told businessline, “We Even looking at July growth
appeal to premium leisure and
the policy driving that surge chain, but cell manufactur- July 2026 onwards and are and in September 2025 the Q4 2027,” it anticipated. have been focused on com- trends, we believe we are on
business travellers seeking
simultaneously creates a ing capacity has simply not set to be phased out entirely DGTR recommended addi- Mathew Thomas, Re- pany-owned and company- track to achieve our targets,”
premium hospitality
supply crunch that will push kept pace with modules. after July 2028. tional anti-dumping duties searcher at Wood Macken- operated model, which gives Shah noted.
experiences. OUR BUREAU
system prices significantly The near-term cost im- Momentum is expected to of up to 30 per cent on zie, said that prices are ex- us a big leverage in offering
higher, research and con- pact is unavoidable, and de- slow in H2 2026 as cell capa- Chinese-origin solar cells pected to stabilise through the best customer experi- DEMAND TRENDS
sultancy firm Wood Macken- velopers will need to navig- city constraints and rising and modules, pending a final 2029 as additional cell capa- ence. Opening the 100th Talking about the demand
PNB in GYFTR deal to spur zie said. ate a difficult transition module prices weigh on pro- decision from the Central city comes online, but the store has been a key mile- trends, Shah said, the com-
credit card engagement “India added 34 GWdc period before prices ject development. government, making In- transition will require policy stone for us. We are now pany has built a strong pres-
(gigawatts-direct current) of stabilise. However, ALMM-II donesian-origin supply an consistency and timely exe- looking at doubling down on ence in the ‘bridge to
solar capacity in H1 2026, 38 waivers granted for net increasingly attractive al- cution by manufacturers. our retail footprint and we premium’ segment. “We be-
e 4 Mumbai: Punjab National Bank per cent above H1 2025 CONCENTRATED PUSH metering and open access ternative, though circum- “The rollout of ALMM-II plan to add another 100 lieve the ‘bridge to premium’ e 4
1 9 (PNB) has signed a three-year levels, as developers raced to The 34 GWdc added in H1 projects until December 31, vention scrutiny may follow (solar cells) may follow stores.” He added that the segment will continue to see 1 9
8 5 agreement with digital commission projects ahead 2026 reflects a concentrated 2026 could provide upside to given the pattern of Chinese ALMM-I’s (Solar modules) company had been adding strong demand amidst rising 8 5
7 engagement platform GYFTR of the June deadline for the push by developers to com- that figure. cell re-routing observed in pattern of multiple exemp- 35-45 stores annually. consumer aspirations. In 7
Ltdto build a dedicated approved list of models and plete projects before ALMM- The Ministry of New & Re- other markets, Wood Mack- tions, though the impact Currently, the company terms of price point matrix it
rewards and offers channel for manufacturers-II (ALMM- II took effect, requiring the newable Energy (MNRE) enzie said. should be more contained has a strong presence in is between ₹10,000 to ₹2 lakh
its credit card customers, the II). Full-year additions are use of modules produced also agreed in July 2026 to “Any delay to the 14 GW of given greater preparedness about 20 top cities. “We are and we believe that is the
companies announced. forecast to exceed 50 GWdc, from domestically manufac- waive the mandate for pro- new cell manufacturing ca- among suppliers, developers looking at entering untapped sweet spot,” he added.
Under the deal, GYFTR will surpassing the previous re- tured cells in government- jects approaching comple- pacity currently under con- and policymakers,” he cities and States and believe Responding to a query on
design, build and operate a cord of 49 GWdc set in supported projects. tion, requiring applicants to struction risks deepening added. 200 stores-mark will give us a IPO plans, Shah said, “It is
white-label digital platform 2025,” it added. The accelerated build-out have submitted applications import reliance and driving The MNRE’s plan to im- significant presence across definitely on the cards but
feat
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