Solar Industries secures Rs 483 crore explosives order from SECL
Solar Industries India Limited has received an order valued at INR 483 Crores from South Eastern Coalfields Limited (SECL), a subsidiary of Coal India Limited. The contract involves the supply of bulk explosives, to be delivered over a period of two years. This is a domestic order awarded by a domestic entity.
The company disclosed this information to both the National Stock Exchange of India Limited and BSE Limited. The announcement confirms that neither the promoter, promoter group, nor group companies of Solar Industries have any interest in SECL, and the transaction does not fall under related-party transactions, indicating it was conducted at "arms length."
Khushboo Pasari, company secretary & compliance officer, digitally signed the announcement on October 8, 2025. The company's registered office is in Nagpur, Maharashtra, India.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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