Solar Defence And Aerospace Limited - Company Profile

It is a aerospace, maritime and defense public limited company based in Nagpur, Maharashtra, India, established in 1995.

1995 Nagpur, Maharashtra, India Active

Last Updated: January 06, 2026

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About Solar Defence And Aerospace Limited

Solar Defence And Aerospace Limited, a active public limited company, was established on 16 August 1995 in Nagpur, Maharashtra, India. Engaging in defence accessories & components within the manufacturing sector, it holds CIN: U24292MH1995PLC091808. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹6.60 Cr and a paid-up capital of ₹4.80 Cr.

It upholds a compliant status. Employing 1,802 professional, Its leadership includes Rashmi Prasad (Additional Director), Madhu Vij (Director), Vasudhesh Arya (Whole-Time Director). Past directors included Sanjay Singh, Ajai Govindprasad Nigam, Madhu Vij. It holds ₹1,686.17 Cr open charges and ₹264.21 Cr settled loans. Its latest AGM occurred on 18 July 2025, with the balance sheet filed on 31 March 2025. It is based at 11 Zade Layout Bharat,, Nagpur, Maharashtra, 440033.

Company Details

CIN/LLPIN
U24292MH1995PLC091808
Registration Number
091808
Incorporation Date
16 August 1995
Authorized Capital
₹6.60 Cr
Paid-Up Capital
₹4.80 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 6.60 Cr as on 06-01-2026
Paid Up Capital ₹ 4.80 Cr as on 06-01-2026
Company Age 30 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,686.17 Cr as on 06-01-2026
Satisfied Charges ₹ 264.21 Cr as on 06-01-2026
Revenue Growth **** 5.39% (FY 2024)
Profit Growth **** -11.08% (FY 2024)
Ebitda **** -6.51% (FY 2024)
Net Worth 17.89% (FY 2024)
Total Assets **** 7.84% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Solar Defence And Aerospace Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Solar Defence And Aerospace Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rashmi Prasad	Additional Director	20 May 2025	Current
Madhu Vij	Director	08 May 2019	Current
Vasudhesh Arya	Whole-Time Director	02 Nov 2023	Current
Natrajh Ramakrishna	Director	03 Mar 2023	Current
Manish Satyanarayan Nuwal	Whole-Time Director	01 Sep 2008	Current
Satyanarayan Nandlal Nuwal	Whole-Time Director	16 Aug 1995	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	25 Aug 2021	Past
Pramod Abcsdd	Additional Director	12 Aug 2017	Past
Pramod Abcsdd	Additional Director	30 Jul 2019	Past
Pramod Abcsdd	Director	21 Aug 2021	Past
Pramod Abcsdd	Additional Director	27 Nov 2023	Past
Pramod Abcsdd	Director	01 May 2016	Past

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Financial Performance of Solar Defence And Aerospace.

Economic Explosives Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 5.39% increase. The company also saw a substantial fall in profitability, with a 11.08% decrease in profit. The company's net worth Soared by an impressive increase of 17.89%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

5.39%

*******

Revenue from Operations

*******

5.73%

*******

Total Assets

*******

7.84%

*******

Profit or Loss

*******

-11.08%

*******

Net Worth

*******

17.89%

*******

EBITDA

*******

-6.51%

*******

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What is the Ownership and Shareholding Structure of Solar Defence And Aerospace?

In 2024, Solar Defence And Aerospace had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹16,861,700,000.00

Satisfied Charges

₹2,642,100,000.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 1686.17 Cr

Latest Charge Details

Date	Lender	Amount	Status
14 Aug 2019	Idbi Trusteeship Services Limited	₹1,686.17 Cr	Open
24 Mar 2014	State Bank Of India	₹61.00 Cr	Satisfied
27 Jan 2012	State Bank Of India	₹46.01 Cr	Satisfied
31 Aug 2006	State Bank Of India	₹95.30 Cr	Satisfied
03 Sep 2002	State Bank Of India	₹60.07 Cr	Satisfied

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How Many Employees Work at Solar Defence And Aerospace?

Solar Defence And Aerospace has a workforce of 1802 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Solar Defence And Aerospace, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solar Defence And Aerospace's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Solar Defence And Aerospace

Recent Activity within the Organization

Annual General Meeting

Progress on Solar Defence And Aerospace Limited last Annual general meeting of members was held on 18 Jul 2025 as per latest MCA records. was documented.
18 Jul 2025
Director Appointment

The activity Rashmi Prasad was appointed as a Additional Director was appointed as a Additional Director on 20 May 2025 & has been associated with this company since 9 months 1 day . was completed.
20 May 2025
Charges

The activity A charge with Idbi Trusteeship Services Limited of Rs. 1,686.17 Cr registered on 14 Aug 2019 with Charge ID 100282342 was modified on 14 May 2025. was completed.
14 May 2025
Balance Sheet

The activity Solar Defence And Aerospace Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Progress on Vasudhesh Arya was appointed as a Whole-time director was appointed as a Whole-time director on 02 Nov 2023 & has been associated with this company since 2 years 3 months . was documented.
02 Nov 2023
Director Appointment

Natrajh Ramakrishna was appointed as a Director was appointed as a Director on 03 Mar 2023 & has been associated with this company since 2 years 11 months . was recorded as a recent event.
03 Mar 2023

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