BSECompany Update5d ago · 15 Aug 2026, 04:52 pm
Submission of Newspaper Publication
Solex Energy Ltd · 544862
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Solex Energy Ltd has published unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and has also issued a demand notice to borrowers under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
Analysis Scores
Earnings Impact8/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment5/10
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Full Announcement
Solex Energy Ltd - 544862 - Announcement under Regulation 30 (LODR)-Newspaper Publication
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August 15, 2026
National Stock Exchange of India Limited Bombay Stock Exchange Limited
Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers,
Bandra – Kurla Complex, Bandra (E), Dalal Street,
Mumbai – 400051 Mumbai – 400001
SYMBOL: SOLEX Scrip Code: 544862
Dear Sir,
Sub: - Newspaper Publication of Unaudited Standalone & Consolidated Financial Results for the
Quarter Ended June 30, 2026
Pursuant to Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations,
2015, please find attached herewith copies of newspaper advertisements dated August 15, 2026
published in Financial Express (English & Gujarati) wherein the Unaudited Standalone & Consolidated
Financial Results for the Quarter Ended June 30, 2026 have been published.
The above information is also available on the website of the Company https://solex.in.
Thanking you,
Yours faithfully,
For, Solex Energy Limited
Azmin Chiniwala
Company Secretary & Compliance Officer
Encl: Newspaper Publication of Unaudited Standalone & Consolidated Financial Results for the
Quarter Ended June 30, 2026
WWW.FINANCIALEXPRESS.COM SATURDAY,AUGUST15,2026
FINANCIALEXPRESS 47
U GRO Capital Limited
B-17,FourthFloor,ArtGuildHouse,PhoenixMarketCity,Kurla(West),
Mumbai-400070
DEMANDNOTICE
UNDERTHEPROVISIONSOFTHESECURITIZATIONANDRECONSTRUCTIONOFFINANCIALASSETSANDEN-
FORCEMENTOFSECURITYINTERESTACT,2002(“THEACT”)ANDTHESECURITYINTEREST(ENFORCEMENT)
RULES,2002,(“THERULES”)
TheundersignedbeingtheauthorisedofficerofUGROCapitalLimitedundertheActandinexerciseofthepowers
conferredunderSection13(2)oftheAct,readwiththeRule3,issuedDemandNotice(s)underSection13(2)oftheAct,
callinguponthefollowingborrower(s)torepaytheamountmentionedintherespectivenotice(s)within60daysfromthe
dateofreceiptofthesaidnotice.Theundersignedreasonablybelievesthattheborrower(s)areavoidingtheserviceofthe
demandnotice(s),thereforetheserviceofthedemandnoticeisbeingeffectedbyaffixationandpublicationaspertheRules.
Thecontentsofthedemandnotice(s)areextractedhereinbelow:
Sl.No. NameoftheBorrower(s) DemandNoticeDateandAmount UU GGRROO CCaappiittaall LLiimmiitteedd
1. 1)BHAVINPOLYFAB DemandNoticedate:10-Aug-2026
2)PATELSONUBENPRITESHBHAI3)PATELBHAVIN NoticeAmount:Rs.3,09,38,452/-(RupeesThree B-17,FourthFloor,ArtGuildHouse,PhoenixMarketCity,Kurla(West),Mumbai-400070
4)PATELPRITESHKUMARVIKRAMBHAI CroreNineLakhThirtyEightThousandFourHun-
LAN–UGSUPSS0000091442 dredFiftyTwoOnly)Ason05/08/2026 POSSESSIONNOTICEAPPENDIXIV(SEERULE8(1)) (FORIMMOVABLEPROPERTY)
DESCRIPTIONOFSECUREDASSET(S):- PROPERTY-1:AllthatpieceandparcelofFlatNo.603admeasuring1161.67 Whereas,theundersignedbeingtheAuthorizedOfficerofUGROCapitalLimited,havingitsregisteredofficeatB-17,Fourth
sq.ft.i.e.107.91sq.mts.builtupareaalongwithundividedshareinland43.28sq.mtrson6thfloorofApartmentBof"LAXMI Floor,ArtGuildHouse,PhoenixMarketCity,Kurla(West),Mumbai-400070,undertheSecuritisationandReconstructionof
RESIDENCY"situatedatlandbearingR.S.No.247/1paiki2and245,T.P.Schemeno.19(Katargam),F.P.No.90&94total FinancialAssetsandEnforcementofSecurityInterestAct,2002(54of2002)andinexerciseofthepowersconferredunder
admeasuringabout13747sq.mts.atVillage:Katargam,Sub-District-City,District:Surat.Boundaries:Asmentionbelow Section13(12)readwithrule3oftheSecurityInterest(Enforcement)Rules,2002,issuedademandnoticetorepaythe
:North:FlatNo.B-602,South:Margin,East:FlatNo.B-604,West:Stairs,Passage. amountmentionedinthenoticetogetherwithinterestthereon,within60daysfromthedateofreceiptofthesaidnotice.
PROPERTY-2:AllthatpieceandparcelofFlatNo.703admeasuring1072.47sq.ft.i.e.99.67sq.mts.builtupareaalong Theborrowershavingfailedtorepaytheamount,noticeisherebygiventotheborrowersandthepublicingeneralthatthe
withundividedshareinland40.19sq.mtrson7thfloorofApartmentAof"LAXMIRESIDENCY"situatedatlandbearing undersignedhastakenpossessionofthepropertydescribedhereinbelowinexerciseofpowersconferredonhimunder
R.S.No.247/1paiki2and245,T.P.Schemeno.19(Katargam),F.P.No.90&94totaladmeasuringabout13747sq.mts.at
sub-section(4)ofSection13oftheActreadwithRule8ofthesaidrulesoftheSecurityInterest(Enforcement)Rules2002.on
Village:Katargam,Sub-District-City,District:Surat.Boundaries:Asmentionbelow:North:FlatNo.A-702,South:Mar-
theday,monthandyearmentionedbelow.
gin,East:FlatNo.A-704,West:Stairs,Passage.
Theborrowersinparticularandthepublicingeneralisherebycautionednottodealwiththepropertyandanydealingswith
PROPERTY-3:OfficeNo.B/505admeasuring42.79sq.Mts.carpetareaonFifthfloorofBuilding/Wing-'B'of"RJDBusiness
thepropertywillbesubjecttothechargeofUGROCapitalLimitedfortheamountmentionedinthenoticetogetherwithin-
Hub"situatedatlandbearingCitySurveyNo.3348,T.P.S.No.3,F.P.No.12admeasuring4791sq.mtatVillage:Katargam,
terestthereon.Theborrower’sattentionisinvitedtoprovisionsofsub-section(8)ofsection13oftheAct,inrespectoftime
Sub.Dist.CitySurat,Dist.Surat.Boundaries:Asmentionbelow.North:OpenSpace,South:Passage,East:Office
available,toredeemthesecuredassets.
No.B/504,West:OfficeNo.B/506.
Theborrower(s)areherebyadvisedtocomplywiththedemandnotice(s)andpaythedemandamountmentionedtherein Sl. BorrowerDetails DemandNotice MortgagedProperty Possession
andhereinabovewithin60daysfromthedateofthispublicationtogetherwithapplicableinterest,latepaymentpenalty, No. DateandAmount Date
bouncecharges,costandexpensesetc.tillthedateofrealizationofthepayment.Theborrower(s)maynotethatUGRO 1. 1)VRAJTRADINGCO DemandNotice (PropertyOwnedByVrajTradingCo.-Pro-
CapitalLimitedisaSecuredCreditorandtheloanfacilityavailedbytheborrower(s)isasecureddebtagainsttheimmovable 2)ASHABENMANISHKU- dated02/06/2026 prietorPatelManishkumarBabubhai) 13.08.2026
property(ies)beingthesecuredasset(s)mortgagedbytheborrower(s)withUGROCapitalLimited. MARPATEL foranamountof CommercialPropertyBearingShop/OfficeNo.
Intheevent,theborrower(s)arefailedtodischargetheirliabilitiesinfullwithinthestipulatedtime,UGROCapitalLimited 3)MANISHKUMARBABUB- Rs.1,73,21,068.00/-(127On1stFloor,BlockNo.A,InTheScheme
shallbeentitledtoexercisealltherightsunderSection13(4)oftheActtotakepossessionoftheSecuredAsset(s)including HAIPATEL RupeesOneCrore KnownAs"SolarisBusinessHub",SituatedAt
butnotlimitedtotransferthesamebywayofsaleorbyinvokinganyotherremedyavailableundertheActandtheRules LoanAccountNumber: SeventyThreeLakh SurveyNo.218,TpsNo29,FpNo.463,Mouje:
thereunderinordertorealizetheduesintheloanaccountoftheborrower(s).UGROCapitalLimitedisalsoempoweredto UGAMDSS0000069257 TwentyOneThousandVadaj,Taluka:Sabarmati,Dist.&SubDistrict:
ATTACHAND/ORSEALtheSecuredAsset(s)beforeenforcingtherighttosaleortransfer.SubsequenttothesaleoftheSe- SixtyEightOnly) Ahmedabad. (Admeasuring About 87.06
curedAsset(s),UGROCapitalLimitedalsohasarighttoinitiateseparatelegalproceedingstorecoverthebalancedues,in Ason29/05/2026 SquareMeters(Built-UpArea))Boundaries:
casethevalueoftheSecuredAsset(s)isinsufficienttocovertheduespayablebytheborrower(s)toUGROCapitalLimited.
ThisremedyisinadditionandindependentofallotherremediesavailabletoUGROCapitalLimitedunderanyotherlaw. OnOrTowardsTheEast:--OfficeNo.128,On
Theattentionoftheborrower(s)isinvitedtoSection13(8)oftheActinrespectoftimeavailable,toredeemtheSecured OrTowardsTheWest:--OfficeNo.126,OnOr
Asset(s)andfurthertoSection13(13)oftheAct,wherebytheborrower(s)arerestrained/prohibitedfromdisposingordealing TowardsTheNorth:--WidePassage,OnOrTo-
withtheSecuredAsset(s)ortransferringthesamebywayofsale,leaseorotherwise(otherthaninordinarycourseofbusi- wardsTheSouth:--WidePassage.
ness)anyoftheSecuredAsset(s)withoutpriorwrittenconsentfromUGROCapitalLimitedandnon-complianceofthe 2. 1)THEQUALITYSHOP DemandNotice DESCRIPTIONOFTHEPROPERTY/PROP-
aboveisanoffencepunishableunderSection29oftheAct.Thecopyofthedemandnotice(s)isavailablewiththeunder- 2)FARUKBHAIYUNUSBHAI dated02/06/2026 ERTIESMORTGAGEDWITHLENDER 13.08.2026
signedandtheborrower(s)may,iftheysodesire,collectthesamefromtheundersigned. DAMRI foranamountof Allthatpartandparcelofimmovableproperty
Place:GUJARAT Sd/-(AuthorizedOfficer) 3)JAHEDAFARUKDAMRI Rs.23,
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