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Home - Solar Industry - Indosolar shares to resume trade after six years of suspension
Solar Industry

Indosolar shares to resume trade after six years of suspension

solarenergyBy solarenergyJune 19, 2025No Comments1 Min Read
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Solar Cell manufacturer Indosolar will resume trade on Indian fairs on 19 June after a six-year suspension, after approvals from the National Stock Exchange and Bombay Stock Exchange.

June 19, 2025
Uma Gupta

By PV Magazine India

The shares of Indosolar will resume trade on Indian stock exchanges on Thursday 19 June.

The repetition follows on 17 June 2025 approval of the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Indosolar, now owned by Waare Energies, had previously confronted with insolvency procedures initiated by lenders in October 2018 under the Insolvency and Bankresy Code, 2016, due to heavy financial losses. After the acquisition, the company reported a net profit of INR 550 million ($ 6.35 million) in the tax year 2025 compared to a loss of INR 154.4 million in tax 2024.

To meet the minimum standards for public shareholders, where Energies has recently sold a 1.15% interest in Indosolar through an offer for sale.

This content is protected by copyright and may not be reused. If you want to work with us and reuse part of our content, please contact: editors@pv-magazine.com.

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