Board of Directors at its meeting held on May 12, 2025, recommended Final Dividend of Rs. 0.55 per equity…
As filed · Solex Energy Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2025, recommended Final Dividend of Rs. 0.55 per equity share.
What happened
FactThe Board of SOLEX has recommended a dividend of Rs. 0.55 per share for the financial year ended March 31, 2025. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting and will be paid within 30 days of its declaration. The filing also includes the audited standalone and consolidated financial results for the half year and year ended March 31, 2025.
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
ContradictedPAT margin expanded by 71 bps during the quarter at 6.6%.
EBITDA for the quarter stood at INR33.8 crore as against the INR42.7 crore in Q1 FY26, translating into an EBITDA margin of 12.7% for the quarter as compared to 16.4% in Q1 FY26.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Record date
- Payout as a share of profit
- ll range between INR3,000 crores to INR3,400 crores of revenue for FY27, which will be full year of operation (management committed by FY27)
- But at present, we can tell you with the 4 gigawatt of module manufacturing and the EPC business will range be (management committed by FY27)
Evidence
- Solex Energy Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2025, recommended Final Dividend of 0.55 per equity share.(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%