About
Basic Data Updated:
13 days agoSolar Industries India Limited, previously known as Solar Explosives Limited, is a renowned company in the manufacturing industry. Its main focus is on producing bulk explosives, packaged explosives, and initiating systems that are widely used in the mining, infrastructure, and construction sectors. The company's credit rating report confirms its involvement in these business activities. With a total of 25 manufacturing plants spread across eight states in India, as well as four units overseas in Zambia, Nigeria, Turkey, and South Africa, SIIL has established a strong global presence. This has been made possible by the hard work and dedication of its over 3,000 employees. As a part of the Solar Group, the company is led by the visionary Mr. Satyanarayan Nuwal, who has played a crucial rol... Read More
Industry
Company Details
- Location
Nagpur, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
- Apps1222442
Products or Services related to Solar Industries India Limited
Water Treatment Chemicals
Electronics Manufacturing Service
Financials of Solar Industries India Limited
Solar Industries India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.48% increase. The company also saw a substantial improvement in profitability, with a 70.31% increase in profit. The company's net worth Soared by an impressive increase of 29.43%.
Enhance accessibility to Solar Industries India's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Solar Industries India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Solar Industries India Limited
Unlock and access historical data on people associated with Solar Industries India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (4)
MN
Manish Nuwal
Managing DirectorAppointment Date: 25-Oct-2008
Status: Current
SM
Shalinee Mandhana CFOAppointment Date: 27-May-2021
Status: Current
MA
Moneesh Agrawal CFOAppointment Date: 27-May-2021
Status: Current
KR
Khushboo Rai Company SecretaryAppointment Date: 11-Oct-2007
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 01 Sep 2010 | ₹1,338.77 Cr | Open |
State Bank Of India Creation Date: 12 Jan 2017 | ₹50.00 Cr | Satisfied |
Citicorp Finance (India) Limited Creation Date: 03 May 2006 | ₹1.82 Cr | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solar Industries India, 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 Industries India'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.
Alert
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.
Related Corporates (Common Directorship)
Vastu Housing Finance Corporation Limited
Active
19 years 2 months Natrajh Ramakrishna is a mutual person
Economic Explosives Limited
Active 28 years 8 months Manish Nuwal, Satyanarayan Nuwal and 1 more are mutual person
Recent activity within the organization
Director Appointment
Dinesh Kumar Batra was appointed as a Additional Director was appointed as a Additional Director on 10 Apr 2024 & has been associated with this company since 23 days .
10 Apr 2024Annual General Meeting
Solar Industries India Limited last Annual general meeting of members was held on 21 Jun 2023 as per latest MCA records.
21 Jun 2023Charges
A charge with Others of Rs. 1,338.77 cr registered on 01 Sep 2010 with Charge ID 10240188 was modified on 18 May 2023.
18 May 2023Balance Sheet
Solar Industries India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Director Appointment
Jagdish Chandra Belwal was appointed as a Director was appointed as a Director on 05 Dec 2022 & has been associated with this company since 1 year 4 months .
05 Dec 2022
Recent News, Updates & Announcement
- Sunlight Financial Acquired by Leading Solar Industry Investors.
Acrofan 30 Oct 2023
- Solar Industries subsidiaries to acquire Rajasthan Explosives and Chemicals.
The company is investing in RECL to adhere to its longterm business plan of expansion in business operations.
Free Press Journal 11 Apr 2023
- Buy Solar Industries target of Rs 800 ICICI Direct.
Moneycontrol 21 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Solar Industries India Limited?
