Within the inventory break up, whereas the variety of shares will increase and the worth per share decreases, the corporate’s general market capitalization and an investor’s complete holding worth stay unchanged. Websol is a small-cap firm with a market capitalization of Rs 5,463 crore.
The inventory break up is anticipated to be accomplished by October 2025, pending approval from the corporate’s members on the upcoming annual basic assembly.
Along with the inventory break up, the board additionally permitted a significant future growth plan for its photo voltaic cell and photo voltaic module manufacturing traces.
The corporate plans so as to add a capability of 4 gigawatts (GW) for each photo voltaic cells and modules in two phases. The primary section (Section III) is ready for completion by June 2027, adopted by the second section (Section IV) by June 2028.
The funding required for this growth is roughly Rs 3,000 crore and shall be financed by way of a mixture of financial institution loans, fairness, and inside funds. The rationale behind this huge growth is to satisfy India’s rising demand for photo voltaic power.To help its growth plans, the corporate may even incorporate a wholly-owned subsidiary named “Websol Renewables” or an identical title permitted by the Registrar of Corporations. The brand new subsidiary shall be integrated for the subsequent section of growth.Websol Power manufactures photovoltaic crystalline photo voltaic cells and modules. The corporate’s merchandise are used for photo voltaic power panels for each industrial and industrial functions in India and different nations.
The corporate has a repute for producing dependable and high quality photo voltaic merchandise and has acquired numerous worldwide certifications.
The board assembly additionally made adjustments within the firm’s administration. Abhijit Majumdar, a working towards firm secretary, was appointed because the Secretarial Auditor for 5 years ranging from the 2025-26 monetary yr.
