Solex Energy Recommends Dividend and Approves Listing of Equity Shares on BSE Mainboard

Solex Energy Recommends Dividend and Approves Listing of Equity Shares on BSE Mainboard​

Solex Energy Limited announced key outcomes from its Board of Directors meeting held on June 18, 2026. The board considered and recommended a dividend payment along with approving the listing of the company's existing equity shares on the BSE Mainboard Platform.

The Board meeting conducted by Solex Energy determined the recommendation of a dividend amounting to Rs.0.55/- per share for the financial year ended March 31, 2026. This dividend is based on the face value of the company's shares, which are priced at Rs.10/- each.

If this dividend proposal receives approval from the shareholders during the ensuing Annual General Meeting, Solex Energy committed that the payment will be made or dispatched within 30 days following its declaration. The Company further noted that a separate announcement regarding the Record Date or Cut-off Date for members' entitlement to receive the aforementioned dividend will be communicated in due course.

In addition to the dividend recommendation, the Board approved the proposal for listing Solex Energy Limited's existing Equity Shares on the Mainboard Platform of BSE Limited. This approval is subject to receiving necessary authorizations from BSE Limited and other regulatory or statutory authorities as may be required.

SOLEX Stock Price Movement​

As of 12:05 PM, shares of Solex Energy Limited are shedding value in live trading, sinking 1.01% to trade at ₹1134.7. The stock has seen heavy movement today, with a range spanning from a low of ₹1129 to a high of ₹1160 amidst 19,181 shares changing hands.