Websol Energy System announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 11 May 2024 .Powered by Capital Market - Live News

The Board of Websol Energy System at its meeting held on 11 April 2024 has approved the issuance of up to 12.10 lakh convertible warrants on preferential basis at a price of Rs 530 per warrant to Websol Energy Projects (member of the promoter group) (proposed allottee) entitling the warrant holders to apply for and be allotted one equity share of face value of Rs. 10 each at a price of Rs. 530 per share (including premium of Rs. 520 per share), aggregating up-to Rs. 64.13 crore partly upon the conversion of Unsecured Loan received from the proposed allottee as on the date of Rs. 6 crore and balance payable on cash, on a preferential basis. Powered by Capital Market - Live News

Websol Energy System will hold a meeting of the Board of Directors of the Company on 11 April 2024.Powered by Capital Market - Live News

Net Loss of Websol Energy System reported to Rs 54.64 crore in the quarter ended December 2023 as against net loss of Rs 6.83 crore during the previous quarter ended December 2022. Sales rose 54.55% to Rs 0.51 crore in the quarter ended December 2023 as against Rs 0.33 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales0.510.33 55 OPM %-429.41-1627.27 - PBDT-2.61-6.04 57 PBT-6.50-9.91 34 NP-54.64-6.83 -700 Powered by Capital Market - Live News

Websol Energy System has postponed the meeting of the Board of Directors which was scheduled to be held on 19 January 2024. The meeting will now be held on 25 January 2024.Powered by Capital Market - Live News