2,535,000 Equity Shares of Solex Energy Limited are subject to a Lock-Up Agreement Ending on 19-FEB-2019.
February 18, 2019
Share
2,535,000 Equity Shares of Solex Energy Limited are subject to a Lock-Up Agreement Ending on 19-FEB-2019. These Equity Shares will be under lockup for 383 days starting from 1-FEB-2018 to 19-FEB-2019.
Details:
An aggregate of 20% of the post-issue shareholding of the company held by the promoters, namely Kalpeshkumar Ramanbhai Patel, will be locked-in for a period of three years from the date of allotment in the issue.
The entire remaining pre-issue equity share capital of the company will be locked-in for a period of one year from the date of allotment in the issue.
Solex Energy Limited is an India-based company, which is engaged in manufacturing of solar photovoltaic modules. The Company offers a diverse product range including Monofacial and Bi-facial modules across various power capacities. It is focused on manufacturing of solar photovoltaic modules along with providing turnkey solar solutions across different segments, such as solar power plants, solar water pumps, and utility scale ground mounted solar power plants. The Companyâs solutions include Solar Residential Rooftop, Solar Industrial Rooftop, Solar Power Plant, Solar Water Pump, Solar Charging Stations, and Solar Car Port. Its solar projects include SKY PGVCL Solar Farm (2019-20): Gujarat Ground Mount Project, JREDA Rooftop Solar (2017-18): Lighting Jharkhand - Project 1, JREDA Rooftop Solar (2017-18): Illuminating Jharkhand - Project 2, JREDA Home Light System (2019-20): Powering Homes in Jharkhand, Buddha Smriti Park, Bihar Rooftop Installation.