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Solex Energy Ltd.

BSE: 532566 Sector: Infrastructure
NSE: SOLEX ISIN Code: INE880Y01017
BSE 05:30 | 01 Jan Solex Energy Ltd
NSE 05:30 | 01 Jan Solex Energy Ltd

Solex Energy Ltd. (SOLEX) - Company History

Solex Energy Limited was originally incorporated on October 13 2014 as 'Solex Energy Private Limited'. Further the Company was converted into Public Limited Company and consequently name of the company was changed from 'Solex Energy Private Limited' to 'Solex Energy Limited' on September 22 2017. The Company was originally promoted by Mr. Kalpeshkumar Ramanbhai Patel and Ms. Arpitaben Upendrabahi Shelat who were the initial subscribers to the Company's Memorandum and Articles of Association in the year 2014. After incorporation the Company has acquired the running business of 'M/s Sun Energy Systems' a proprietorship concern of the Promoter engaged in manufacturing of Solar Panels and other renewable Energy Devices vide business transfer agreement dated November 12 2014 and 659000 shares of Rs. 10 each was allotted to Mr. Kalpeshkumar Ramanbhai Patel against purchase of Business. Presently Mr. Kalpeshkumar Ramanbhai Patel is the Promoter of the Company.The Company is engaged providing renewable energy solutions specialized in the manufacturing of Solar photovoltaic module solar home light solar street light solar lantern solar power plant solar invertors solar water heating systems and wood fired water heater etc. The Company precisely manufacture the offered products using optimum grade components and advanced technology in compliance with the set norms of the industry. The Company also provides the offered appliances in numerous specifications and customization in accordance with the demands of the customers. Solex Energy is an ISO 14001:2015 Certification ISO 9001:2015 Certification OHSAS 18001:2007 and CE MARK CERTIFIED offering systems of high quality and reliability. Solex modules are TUV certified & tested by the UL India Pvt. Ltd and comply in accordance with the standards.The Company's product ranges from Solar PV Module (3WP - 325 WP) Solar Lanterns (CFL & LED Base) Solar Home Light System (CFL & LED Base) Solar Street Light System (CFL & LED Base) Solar Off-Grid Power Plant (Solar Rooftop Systems) Solar Grid Connected Power Plant Solar Water Heater Flat Plant Collector Solar Water Heater ETC Type Solar Submersible Pump (AC & DC) Solar Surface Pump (DC). It also provides solution for solar roof top system solar home and rural lighting system solar power pack and solar power plant. The Products are eligible for Subsidy from Government which is reduced from sales value during the sale of Product and thereafter release to the Company directly from Government.

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