Swelect Energy Systems Ltd (SWELECTES) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Swelect Energy Systems Ltd on NSE and BSE, with an AI summary of each filing.
SWELECT Energy Systems Limited has informed the Exchange about Additional Investment in the Equity shares of SWELECT Radiant Power Private Limited (Wholly Owned Subsidiary).
Others (Uncategorized) · 03 Nov 2026, 12:44 am
SWELECT Energy Approves ₹4.36 Crore Investment in Subsidiary for Kerala Solar Plant SWELECT Energy Systems' Investment Committee approved an additional cash investment of up to ₹4.36 crore on 2nd Nov'26 to acquire up to 1.75 lakh equity shares at ₹249.23 per share in SWELECT Radiant Power Private Limited. The capital will fund a 4.5 MWp DC solar power plant under Kerala's Group Captive Scheme. Following the transaction and share allotments to other group captive investors, SWELECT Energy’s holding will adjust from 100% to 74%, transitioning the entity from a wholly-owned subsidiary to a 74% subsidiary.
Transfer of Equity shares held in ESG Green Energy Private Limited
Others (Uncategorized) · 24 Oct 2026, 12:42 am
Swelect Energy Approves Share Transfer in Subsidiary ESG Green Energy to Ramco Industries Swelect Energy Systems Limited's Investment Committee approved the off-market transfer of 12,78,000 equity shares (face value Rs. 10 each) of its subsidiary, ESG Green Energy Private Limited, to Ramco Industries Limited on 23rd Oct'26. Ramco Industries is entering as a proposed group captive consumer in the unit. Following the share transfer, ESG Green Energy Private Limited continues to retain its status as a subsidiary of Swelect Energy Systems Limited.
SWELECT Energy Systems Limited has informed the Exchange about Acquisition of 100% (one hundred percent) equity shares of SUSHMA SOLAR ENERGY PRIVATE LIMITED, a Company based in Rajasthan.
Others (Uncategorized) · 23 Oct 2026, 4:38 am
SWELECT Energy Systems to Acquire 100% Stake in Sushma Solar Energy SWELECT Energy Systems Limited approved the 100% equity acquisition of Rajasthan-based Sushma Solar Energy Private Limited for an all-cash consideration not exceeding Rs.2.27 Cr on 22nd Oct'26. Following the transaction, Sushma Solar will operate as a wholly owned subsidiary and develop a 50 MW solar power plant under the Group Captive Scheme. Incorporated on 18th May'25 with a net worth of Rs.0.01 Cr, the target has not yet commenced commercial operations. The acquisition strengthens SWELECT's western India presence and boosts consolidated revenue potential.
SWELECT Energy Systems Limited has informed the Exchange regarding a press release dated October 1, 2026, titled "SWELECT Appoints Pradeep Kumar Madhur as Chief Business Officer"
Press Release · 01 Oct 2026, 11:38 pm
SWELECT Energy Appoints Pradeep Kumar Madhur as Chief Business Officer SWELECT Energy Systems appointed Pradeep Kumar Madhur as Chief Business Officer, effective 1st Oct'26, to unify leadership across EPC, IPP, solar module, and channel businesses. Madhur brings over 17 years of experience across India and APAC solar markets, previously serving as Country Business Leader at LONGi Solar, where he managed over USD 1 billion in annual revenue and elevated the brand to India's top market position from 2020 to 2022. He also played an instrumental role in Sungrow India's founding team, deploying over 4 GW.
SWELECT Energy Systems Limited has informed the exchange that SWELECT HHV Solar Photovoltaics Private Limited (A Step Down Wholly Owned Subsidiary) has successfully commissioned a 3.125 ....
Others (Uncategorized) · 01 Oct 2026, 11:29 pm
SWELECT Energy Systems Commissions 3.125 MW Solar Plant in Tamil Nadu SWELECT Energy Systems Limited announced that its step-down wholly owned subsidiary, SWELECT HHV Solar Photovoltaics Private Limited, successfully commissioned a 3.125 MW solar power plant in Virudhunagar District, Tamil Nadu, on 1st Oct'26. The facility is interfaced at the 33 KV level to the existing 33/11 KV Naranapuram TNEB sub-station. Power generated from this plant will be dedicated to captive consumption via the Intra State Open Access System within Tamil Nadu.
Appointment of Senior Management Personnel - Mr. Pradeep Kumar Madhur as Chief Business Officer.
Change in Management · 01 Oct 2026, 6:09 pm
SWELECT Energy Systems Appoints Pradeep Kumar Madhur as Chief Business Officer SWELECT Energy Systems has appointed Pradeep Kumar Madhur as Chief Business Officer effective 1st Oct'26. Madhur brings over 17 years of experience in the energy and power infrastructure sectors across India and APAC. He previously served as Senior Director and Country Business Leader at LONGi Solar India, managing a P&L exceeding USD 1 billion and leading the business to top market share from 2020 to 2022. Earlier, he was part of the founding team at Sungrow India, overseeing >4 GW in solar inverter deployments.
SWELECT Energy Systems Limited has informed the Exchange regarding a press release dated September 26, 2026, titled "SWELECT Expands C&I Energy Solutions Portfolio with Rollout of SWEES ....
Press Release · 26 Sept 2026, 6:56 pm
SWELECT Expands C&I Portfolio with SWEES EN+ Hybrid Inverter Launch SWELECT Energy Systems announced on 26th Sep'26 the rollout of its scalable SWEES EN+ solar hybrid inverter range (5 kW to 50 kW and beyond) targeting Commercial & Industrial clients. The single-system solution integrates solar generation, battery storage, and grid supply to address rising power costs and reliability needs. Having secured Bureau of Indian Standards certification under the Compulsory Registration Scheme, the product remains on schedule for launch in Q2 FY27, strengthening SWELECT's vertically integrated EPC, power electronics, and energy storage portfolio.
SWELECT Energy Systems Limited has informed the Exchange about Acquisition of GNU Solar Assetco Two Private Limited
Others (Uncategorized) · 25 Sept 2026, 3:45 am
SWELECT Energy Approves Solar Plant Investments and 100% Acquisition of GNU Solar Two SWELECT Energy Systems' Investment Committee approved an additional equity investment of up to Rs.20.77 crore in USolar Assetco Four to set up a 26.6 MWp DC solar plant under the Group Captive Scheme, subscribing up to 23,33,331 shares at Rs.89 per share (post-issue holding at 74%). Additionally, the committee approved the 100% cash acquisition of Karnataka-based GNU Solar Assetco Two for up to Rs.10 lakh (10,00,000 shares at Re.1 each) to establish an 11 MWp DC group captive solar power plant.
SWELECT Energy Systems Limited has informed the Exchange about Additional Investment in the Equity Shares of USolar Assetco Four Private Limited (Wholly Owned Subsidiary)
Others (Uncategorized) · 25 Sept 2026, 3:42 am
SWELECT Energy Approves Strategic Solar Expansion and Acquisition SWELECT Energy Systems' Investment Committee approved an additional equity investment of up to Rs.20.77 cr in subsidiary USolar Assetco Four Private Limited at Rs.89 per share (face value Re.1, premium Rs.88) to set up a 26.6 MWp DC solar plant under the Group Captive Scheme, reducing its holding to 74% post-allotment to captive investors. Additionally, the company approved acquiring a 100% equity stake in Karnataka-based GNU Solar Assetco Two Private Limited for up to Rs.10 lakh to establish an 11 MWp DC solar power plant.
SWELECT Energy Systems Limited has informed the Exchange about Transfer of 26% equity shares held in ESG Solar Energy Private Limited.
Others (Uncategorized) · 01 Sept 2026, 4:27 am
SWELECT Energy to Divest 26% Stake in ESG Solar Energy SWELECT Energy Systems will transfer its 26% stake in wholly-owned subsidiary ESG Solar Energy Private Limited to Garg Acrylics for a consideration of Rs. 31 lakhs. The board approved the transfer on 31 Aug'26. Post-transaction, ESG Solar's status will change from a wholly-owned to a subsidiary company. ESG Solar has not yet commenced commercial operations and reported a negative net worth of Rs. 7.83 lakhs for FY 2025-26 with NIL turnover. The buyer is not a promoter group entity.
SWELECT Energy Systems Limited has informed the Exchange with copy of minutes of Annual General Meeting held on July 31, 2026
Annual General Meeting · 28 Aug 2026, 11:32 pm
SWELECT Energy Systems Limited has informed the Exchange that ESG Green Energy Private Limited (Subsidiary Company of SWELECT Energy Systems Limited) has successfully commissioned a Solar ....
Others (Uncategorized) · 25 Aug 2026, 6:48 pm
SWELECT Commissions 10 MW Solar Plant in Tamil Nadu SWELECT Energy Systems announced its subsidiary, ESG Green Energy, successfully commissioned a 10 MW solar power plant on 24 Aug'26. Located in Tiruvannamalai District, Tamil Nadu, the plant will supply energy to consumers under a Group Captive Power Sale model via Intra-State Open Access. This operational milestone adds to the company's generating capacity. The plant is interfaced at the 33 KV level and connects to the TANTRANSCO substation at the 110 KV level, marking a positive development for its renewable energy portfolio.
SWELECT Energy Systems Limited has informed the Exchange regarding a press release dated 13th August 2026 titled "SWELECT Reports Q1 FY27 Consolidated PAT of INR 765.33 Lakhs"
Press Release · 14 Aug 2026, 2:58 am
SWELECT Q1FY27: Consolidated PAT Plunges 64% Amidst Policy Uncertainty SWELECT Energy Systems reported weak Q1 FY27 consolidated results for the quarter ended 30 Jun'26. Consolidated PAT dropped 63.8% YoY to ₹765.33 lakhs, while revenue from operations fell 26.2% to ₹13,077.21 lakhs. Management attributed the decline to order deferrals caused by uncertainty around ALMM 2 implementation and a ₹8 crore contingency provision. In contrast, standalone PAT surged 362.5% to ₹1,867.81 lakhs. The company is in advanced discussions for two large EPC orders and is investing in 110 MW of IPP projects.
Update on the previous intimation of acquisition of Dexler Solar Park Phase 1 Private Limited
Others (Uncategorized) · 14 Aug 2026, 12:23 am
SWELECT Q1FY27 Results, Subsidiary Investment & Acquisition Update SWELECT Energy Systems reported Q1FY27 consolidated net profit of ₹7.65 Cr, down 63.8% YoY, on revenue of ₹130.77 Cr, down 24.6% YoY. Standalone PAT was ₹18.68 Cr, up 362.5% YoY. On 13th Aug'26, the board approved an additional investment up to ₹5.52 Cr in subsidiary SWELECT Sunpower Plus to set up a 5 MW solar plant in Karnataka. Following the investment, SWELECT's holding will dilute from 100% to 86.10%. The proposed acquisition of Dexler Solar Park Phase 1 has been put on hold.
Additional Investment in the Equity Shares of SWELECT Sunpower Plus Private Limited (Wholly Owned Subsidiary)
Others (Uncategorized) · 14 Aug 2026, 12:19 am
Swelect Board Approves Q1FY27 Results and Investment in Solar Subsidiary Swelect Energy Systems' Board, on 13 Aug'26, approved Q1FY27 results and an investment of up to ₹5.52 Cr in its subsidiary, SWELECT Sunpower Plus, to set up a 5 MW solar plant in Karnataka under a Group Captive Scheme. This investment will dilute Swelect's holding from 100% to 86.10% as other captive consumers join. The Board also deferred the proposed acquisition of Dexler Solar Park Phase 1. For Q1FY27, consolidated PAT stood at ₹7.65 Cr vs ₹21.14 Cr YoY.
Unaudited Financial Results (Standalone and Consolidated) for the Quarter ended 30th June, 2026
Financial Result · 14 Aug 2026, 12:12 am
SWELECT Q1FY27 Results, Investment in Solar Plant, and Deferred Acquisition SWELECT Energy Systems reported Q1FY27 consolidated net profit of ₹7.65 Cr, down 63.8% YoY, on revenue of ₹130.77 Cr, down 24.6% YoY. Standalone net profit stood at ₹18.68 Cr vs. ₹4.04 Cr YoY. The board approved an additional investment up to ₹5.52 Cr in subsidiary SWELECT Sunpower Plus to set up a 5 MW solar plant in Karnataka, diluting its stake from 100% to 86.10%. The proposed acquisition of Dexler Solar Park Phase 1 has been put on hold for now.
Outcome of the Board Meeting held on 13th August, 2026
Outcome · 13 Aug 2026, 11:59 pm
Swelect Energy Systems Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakhs) ■ Revenue: 13,077 (-26.2% YoY | -35.4% QoQ) ■ EBITDA: 2,839 (-31.9% YoY | -20.0% QoQ) ■ EBITDA Margin (%): 21.7 (-183 bps YoY | +418 bps QoQ) ■ PAT: 707 (-65.6% YoY | -30.7% QoQ) ■ EPS (INR): 4.64 (-65.7% YoY | -31.0% QoQ)
Swelect Energy Systems Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve the Unaudited financial ....
Intimation · 13 Aug 2026, 5:30 am
SWELECT Board Meeting on 13 Aug'26 for Q1 FY27 Results SWELECT Energy Systems will hold a Board of Directors meeting on 13 Aug'26 to consider and approve the unaudited standalone and consolidated financial results for the quarter ended 30 Jun'26. In accordance with SEBI regulations, the trading window for designated persons was closed from 01 Jul'26 and will reopen 48 hours after the results are declared.
SWELECT Energy Systems Limited has submitted to the Exchange the voting results of the 31st Annual General Meeting held on July 31, 2026 along with the copy of Scrutinizers report.
Annual General Meeting · 05 Aug 2026, 12:47 am
The Company vide its letter dated July 8, 2026 had submitted the Annual Report of the Company for FY 2025-26. Subsequently it was observed that in the Financial Statements section of the ....
Others (Uncategorized) · 02 Aug 2026, 8:36 pm
Proceedings of the 31st Annual General Meeting held on 31st July 2026
Annual General Meeting · 01 Aug 2026, 2:54 am
Intimation of acquisition of DEXLER SOLAR PARK PHASE 1 PRIVATE LIMITED
Others (Uncategorized) · 25 Jul 2026, 8:53 pm
SWELECT Energy to Acquire Dexler Solar, Plans Group Captive Solar Plant SWELECT Energy Systems announced on 25 Jul'26 its acquisition of 100% of Dexler Solar Park Phase 1 (DSPP1) for a cash consideration not exceeding Rs. 1 Lakh. DSPP1 will become a wholly-owned subsidiary and will set up a solar power plant under the Group Captive Scheme, enhancing SWELECT's presence in Karnataka. The target entity, incorporated on 05 Mar'18, had nil turnover, a PAT of (Rs. 34,860), and a negative net worth of (Rs. 6,45,190) for FY25.
The Investment Committee of the Board of Directors of SWELECT Energy Systems Limited has approved the proposed acquisition by SWELECT Energy Systems PTE. LTD (wholly owned subsidiary company)
Others (Uncategorized) · 15 Jul 2026, 1:42 am
SWELECT to Enter US Grid-Storage Market via Strategic Investment SWELECT Energy Systems' Board has approved a proposal for its Singapore subsidiary to make a strategic investment of up to US$ 500,000. The investment, announced on 14 Jul'26, will be in Class B Preferred Equity of Comstock BESS LLC. This move is expected to provide SWELECT an entry into the US grid-storage market, marking a significant step in its international expansion and diversification into energy storage solutions.
Annual Report for the financial year 2025-26
Others (Uncategorized) · 09 Jul 2026, 5:28 am
Intimation Letter to shareholders providing weblink of Notice and Annual Report for the financial year 2025-26
Annual Report · 09 Jul 2026, 5:14 am