BR@Bureau
Solar panel manufacturer Insolation Energy Limited (INA Solar) achieved a significant milestone as its equity shares were successfully listed on the main boards of BSE Limited and the National Stock Exchange of India (NSE) on Monday.
The company, which was previously listed on the BSE SME platform, has now migrated to the BSE Main Board and also secured a direct listing on the NSE Capital Market segment. A total of 220,394,625 equity shares with a face value of ₹1 each have been admitted for trading on both exchanges.
Boost to Rajasthan’s Solar Manufacturing Ecosystem
Speaking at the event, Rajasthan Energy Minister Heeralal Nagar said the state is rapidly emerging as a major hub for solar energy and manufacturing.
He noted that the state government is actively creating a favourable industrial ecosystem to promote solar manufacturing and renewable energy investments. According to him, companies such as Insolation Energy Limited are playing a crucial role in strengthening Rajasthan’s position as a leading solar manufacturing centre.
“The company’s listing on the main boards of BSE and NSE is a positive signal for both industrial growth and the expansion of clean energy in the state,” he said.
A Proud Moment for Rajasthan Industry
Former Member of Parliament Ramcharan Bohra congratulated the company and described the achievement of a Jaipur-based enterprise reaching national capital markets as a matter of pride for the state.
He said the company’s growth will contribute to India’s broader goal of energy self-reliance and expansion of renewable energy capacity.
Company Outlines Future Expansion Plans
Manish Gupta, Managing Director of Insolation Energy Pvt Ltd, also addressed the gathering and spoke about the company’s growth journey and future expansion plans. He highlighted the company’s commitment to strengthening solar manufacturing capabilities, adopting advanced technologies, and expanding its presence in India’s fast-growing renewable energy sector.
He expressed confidence that the listing on the main boards of BSE and NSE would enhance investor confidence and support the company’s long-term growth strategy.
