Websol energy announces share split, 8 GW solar expansion plans

Websol Energy System Limited's board of directors, meeting on September 1, 2025, approved a sub-division of the company's equity shares from a face value of ₹10 to ₹1 each, effective October 2025. This aims to enhance stock affordability for retail investors, increasing the number of shares post-split.

The company also announced a significant capacity expansion, adding 4 GW of solar cell and 4 GW of solar module lines in two phases (Phase III by June 2027 and Phase IV by June 2028). This expansion, aimed at addressing India's growing solar demand, requires an investment of approximately ₹3,000 Crore, financed through debt, equity, and internal accruals. An additional 600 MW solar cell line (Phase II) is scheduled to be operational from October 2025.

In management changes, Sanjana Khaitan was re-appointed as whole-time director for three years from October 1, 2025. Sreeram Vasanthi resigned as non-executive director effective September 1, 2025, to assume the role of chief technical officer. The company will also incorporate a wholly-owned subsidiary, Websol Renewables Private Limited, to support its expansion.