Solar
Solar PUBLIC ISSUE OF 54,00,000 EQUITY SHARES OF FACE VALUE OF ` 10 EACH OF BRIGHT SOLAR LIMITED (“BRIGHT” OR THE “COMPANY” OR THE “ISSUER”) FOR CASH AT A PRICE OF ` 36 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF ` 26 PER EQUITY SHARE (THE “ISSUE PRICE”) AGGREGATING TO ` 1944.00 LAKH (“THE ISSUE”), OF WHICH 2,70,000 EQUITY SHARES OF FACE VALUE OF ` 10 EACH FOR CASH AT A PRICE OF ` 36 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF ` 26 PER EQUITY SHARE AGGREGATING TO ` 97.20 LAKH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE “MARKET MAKER RESERVATION PORTION”). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION i.e. NET ISSUE OF 51,30,000 EQUITY SHARES OF FACE VALUE OF ` 10 EACH AT A PRICE OF ` 36 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF ` 26 PER EQUITY SHARE AGGREGATING TO ` 1846.80 LAKH IS HEREIN AFTER REFERRED TO AS THE “NET ISSUE”. THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.47% AND 25.15% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.
| Sr.No | Date of Meeting | Agenda Item |
|---|---|---|
| F.Y 2020-21 | ||
| 1 | 07.07.2020 | To Consider and approve the Audit fee payable to the Statutory Auditor of the company for the F.Y 2020-21 |
| 2 | 07.07.2020 | To review and take note of related party transactions for the year ended on March 31, 2020 |
| 3 | 07.07.2020 | To grant omnibus approval for the related party transactions proposed to be entered by the company in the F.Y 2020-21 |
| 4 | 07.07.2020 | To Consider, approve and recommend to the board Internal Audit report for the F.Y 2019-20 |
| 5 | 07.07.2020 | To consider and approve standalone audited financial results and financial statements for the half year/year ended on March, 2020 together with auditor’s report thereon for the financial year 2019-20 |
| 6 | 07.07.2020 | To consider and recommend re-appointment of m/s. Vcan & Co. as internal auditor for F.Y 2020-21 to the board |
| 7 | 29.06.2020 | Reschedule of 1st Audit Committee meeting for approving half yearly and year to date financial results, dividend and other business matter |
| 8 | 22.06.2020 | Notice for 1st Audit Committee meeting or approving half yearly and year to date financial results, dividend and other business matter |
| F.Y 2020-21 | ||
| 1 | 12.11.2019 | To Consider and Approve Unaudited Standalone Financial Results for the half-year ended on September 30, 2019. |
| 2 | 24.05.2019 | To give Omnibus approval for related party transactions for the financial year 2019-20 |
| 3 | 24.05.2019 | To Approve Standalone Audited financial results for the year ended on 31.03.2019 |
| 4 | 24.05.2019 | To Consider, approve and recommend to the Board Internal Audit report for F.Y 2018-19 |
| 5 | 24.05.2019 | To Consider and recommend Re-appointment of M/s. VCAN & Co. as Internal Auditor for F.Y 2019-20 to the Board |
| Sr.No | Date of Meeting | Agenda Item | Download |
|---|---|---|---|
| F.Y 2021-22 | |||
| 1 | 27.08.2021 | Notice of 11th AGM |
|
| 2 | 28.09.2021 | Proceedings of 11th Annual General Meeting |
|
| 3 | 28.09.2021 |
Link for downloading 11th AGM recording https://drive.google.com/file/d/1O2RcFF_qk5orBVXJKHhhrS-rU6oRoHIW/view?usp=sharing |
|
| F.Y 2020-21 | |||
| 1 | 28.09.2020 | Link for downloading 10th AGM recording https://drive.google.com/file/d/1KCHgv58lw_S6BB3yTr7ZbkMTJpoE_wHC/view?usp=sharing | |
| 2 | 28.08.2020 | Notice of 10th Annual General Meeting |
|
| F.Y 2019-20 | |||
| 1 | 31.08.2019 | Notice to the 9th Annual General Meeting 2019 |
|
| 2 | 28.09.2019 | Proceedings of 9th AGM |
|
| F.Y 2018-19 | |||
| 1 | 28.09.2018 | Proceeding of 8th AGM held on 28th Sep, 2018 |
|
| 2 | 28.09.2018 | Notice to the 8th Annual General Meeting |
|
| F.Y 2022-23 | |||
| 1 | 01.10.2022 | Proceedings of 12th Annual General Meeting |
|
| 2 | 08.09.2022 | Notice of 12th AGM |
|
| 3 | 30.09.2022 | Link for downloading 12th AGM recording
https://drive.google.com/file/d/1lYvvP810FWKSIZilXBGCB8WGAeGGlygo/view?usp=sharing |
|
| Sr.No | Date of Announcements | Particulars | Download |
|---|---|---|---|
| F.Y 2020-21 | |||
| 1 | 22.02.2021 | The Company received work order from Office of the Chief Engineer (PHE) Water, Assam for the work of Implementation of different pipe water supply schemes under Tinsukia & Dibrugarh division amounting of Rs. 12.38 Cr. |
|
| 2 | 17/12/2021 | The Company received work order from Office of the Chief Engineer (PHE) Water, Assam for the work of Implementation of different pipe water supply schemes under Tinsukia & Dibrugarh division amounting of Rs. 6.87 Cr. |
|
| 3 | 19/09/2020 | The company has opened a new branch office at Anil Plaza- II, 2nd Floor, ABC, G.S Road, Guwahati-5, Dist. Kamrup (M) Assam |
|
| 4 | 19/09/2020 | The company get registered as a contractor under Class-1 (A) category with “Office of the Chief Engineer, Irrigation Department of Guwahati, Assam |
|
| 5 | 18/09/2020 | The company get registered as a contractor under Class-1 (C) category with “Office of the Additional Chief Engineer (PHE) Upper Assam Zone, Nagon i.e. Government of Assam |
|
| 6 | 30/05/2020 | Received certificate from “EURO CERT�? for Occupational Health and Safety Management system which complies with the requirements of ISO 45001-2018. |
|
| 7 | 27/05/2020 | Started new Water Treatment Plant assembling unit at Begusarai, Bihar |
|
| F.Y 2019-20 | |||
| 1 | 25/01/2020 | Award of “Rooftop Solar EPC Company of the Year- Residential Project (Gold Award)�? from “FirstVIEW Group�? outstanding achievement in Rooftop Solar Energy Sector. |
|
| 2 | 03/12/2019 | Received work order for "Supply, erection, installation & commissioning of Solar Photovoltaic Rooftop system- 28KWp" at Kailashnagar, Ahmedabad, Gujarat from Nila Infrastructure Limited. |
|
| 3 | 02/12/2019 | Received Letter of Intent (LOI) from P.H. Division, Begusarai, Bihar for "Rural Water Supply Scheme" work at Begusarai, Bihar. (Phase V) and Work order from Chief Sugarcane Research Center, Junagarh Agricultural University, Kodinar, Gujarat. |
|
| 4 | 19/11/2019 | Received Letter of Intent (LOI) from P.H. Division, Begusarai, Bihar for "Rural Water Supply Scheme" work at Begusarai, Bihar. (Phase IV) |
|
| 5 | 13/11/2019 | Received Letter of Intent (LOI) from P.H. Division, Begusarai, Bihar for "Rural Water Supply Scheme" work at Begusarai, Bihar. (Phase III) |
|
| 6 | 10/10/2019 | Received Letter of Intent (LOI) from P.H. Division, Begusarai, Bihar for "Rural Water Supply Scheme" work at Begusarai, Bihar. (Phase II) |
|
| 7 | 11/09/2019 | Letter of Intent from PGVCL, Gujarat for installation of "Solar PV Rooftop System for Residential sector" all over Gujarat. |
|
| 8 | 09/09/2019 | Received Letter of Intent (LOI) from P.H. Division, Begusarai, Bihar for "Rural Water Supply Scheme" work at Begusarai, Bihar. (Phase I) |
|
| 9 | 10/06/2019 | Received Letter of Intent (LOI) from BHEL |
|
| F.Y 2018-19 | |||
| 1 | 22/03/2019 | MOU with "POWERTRAC Group" (Local partner, Bangladesh) for Solar project implementation and retail solar business in Bangladesh. |
|
| 2 | 16/01/2019 | Intimation of BANK rating "CARE BB+ ; Stable" from Care Ratings Ltd. |
|
| 3 | 07/03/2019 | Participated in the Exhibition organized by “BANGLADESH CLEAN ENERGY SUMMIT” (BCES) – an International Seminar and Expo. |
|
| 4 | 06/03/2019 | MOU with VC Project & Infra Pvt. Ltd for work of Water Supply Schemes with Iron Removal Treatment Plant at Begusarai, Bihar. |
|
| 5 | 06/03/2019 | MOU with VC Projects & Infra Pvt Ltd for SWATCH project, Rajasthan - Phase 2. |
|
| 6 | 23/01/2019 | Award of “Rooftop Solar EPC Company of the Year- Residential Project” & “Rural Electrification Project of the Year” from “FirstVIEW Group” for outstanding achievement in Rooftop Solar Energy Sector. |
|
| 7 | 21/01/2019 | Arbitration Award. |
|
| 8 | 10/01/2019 | MOU for Solar Water Pump Projects Implementations in India. |
|
| 9 | 14/12/2018 | Intimation of SME rating "CARE SME 2" from Care Ratings Ltd. |
|
| 10 | 01/12/2018 | Consortium with M/s. Jai Hanuman Irrigation Ltd. |
|
| 11 | 01/12/2018 | Intimation of Award/Recognition from "Siliconindia Consultants". |
|
| 12 | 19/11/2018 | Intimation of Award/Recognition from "The Economic Times". |
|
| 13 | 28/09/2018 | Rate Contract with GEDA, Gujarat. |
|
| 14 | 29/08/2018 | Change of Registrar & Share Transfer Agent. |
|
| 15 | 11/08/2018 | Rate Contract with Telangana State Renewable Energy Development Corporation Ltd (TSREDCO). |
|
| 16 | 25/07/2018 | MOU with VC Projects & Infra Pvt Ltd for SWATCH project, Rajasthan. |
|
| Sr.No | Date | Particulars | Download |
|---|---|---|---|
| F.Y 2020-21 | |||
| 1 | 03/09/2020 | Newspaper Advertisement confirming dispatch of Notice of 10th Annual General Meeting and Annual Report of the company for the financial year 2019-20 |
|
| F.Y 2019-20 | |||
| 1 | 30/12/2019 | Newspaper advertisement on Postal Ballot |
|
| Sr.No | Name Of Policies | Download |
|---|---|---|
| 1 | Amended Code of Conduct under SEBI(PIT) Reg., 2015 and Code of Fair Disclosure under SEBI (PIT) Reg., 2015 |
|
| 2 | Code of Conduct for Board Members and Senior Management Personnel |
|
| 3 | Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information |
|
| 4 | Code of Conduct to Regulate, Monitor and Report Trading By Insiders |
|
| 5 | Nomination and Remuneration Policy |
|
| 6 | Performance Evaluation policy |
|
| 7 | Policy for Material Events |
|
| 8 | Policy for Preservation of Documents |
|
| 9 | Whistle Blower Policy |
|
| 10 | Policy on Corporate Social Responsibility |
|
| 11 | Terms and Conditions of Independent Directors |
|
| 12 | Policy on Related Party Transactions |
|
| 13 | Policy on Prevention of Sexual Harassment at Workplace |
|
| 14 | Familiarization Programme for Independent Directors |
|
| 15 | Archival Policy |
|
| 16 | Policy for Determining ‘Material’ Subsidiaries |
|
| 17 | Dividend Distribution Policy |
|
| Sr.No | Name Of Policies | Download |
|---|---|---|
| F.Y 2020-21 | ||
| 1 | List of Unpaid Dividend holder for Final Dividend F.Y 2020-21 |
|
| F.Y 2019-20 | ||
| 1 | List of Unpaid Dividend holder for Final Dividend F.Y 2019-20 |
|
| F.Y 2018-19 | ||
| 1 | List of Unpaid Dividend holder for Final Dividend F.Y 2018-19 |
|
| F.Y 2017-18 | ||
| 1 | List of Unpaid Dividend holder for Final Dividend F.Y 2017-18 |
|
| Note: For Shareholders | ||
| 1 | The shareholders are requested to kindly deposit Demand Draft/ Banker cheque timely because it has a validity of 3 months from the date of issue. | |
| 2 | All the shareholders are requested that if you are not in receipt of Final Dividend amount of the F.Y 2017-18 and F.Y 2018-19, then kindly contact us on Mail: compliance@brightsolar.co.in or on Mobile: +91 7229035500 or 079-48926868. | |
| AUDIT COMMITTEE | |||
| Sr.No | Name | Designation | Position In Committee |
|---|---|---|---|
| 1 | Mr. Viren Makwana | Independent Director | Chairperson |
| 2 | Mrs. Shivangi Gajjar | Independent Director | Member |
| 3 | Mr. Piyushkumar Babubhai Thumar | Chairman & Managing Director | Member |
| STAKEHOLDERS RELATIONSHIP COMMITTEE | |||
| Sr.No | Name | Designation | Position In Committee |
| 1 | Mr. Viren Makwana | Independent Director | Chairperson |
| 2 | Mrs. Shivangi Gajjar | Independent Director | Member |
| 3 | Mr. Piyushkumar Babubhai Thumar | Chairman & Managing Director | Member |
| NOMINATION AND REMUNERATION COMMITTEE | |||
| Sr.No | Name | Designation | Position In Committee |
| 1 | Mr. Viren Makwana | Independent Director | Chairperson |
| 2 | Mrs. Shivangi Gajjar | Independent Director | Member |
| 3 | Mrs. Jagrutiben Rameshbhai Joshi | Non-Executive Director | Member |
| CORPORATE SOCIAL RESPONSIBILITY COMMITTEE (CSR Committee) | |||
| Sr.No | Name | Designation | Position In Committee |
| 1 | Mr. Viren Makwana | Independent Director | Chairperson |
| 2 | Mrs. Shivangi Gajjar | Independent Director | Member |
| 3 | Ms. Jagrutiben Rameshbhai Joshi | Non-Executive Director | Member |
| 4 | Mr. Ajay Raj Singh | Additional Executive Director | Member |
| List of Creditors as on 31st March, 2020 | ||
| Sr.No | Particulars | Amount in lacs |
|---|---|---|
| 1 | MSME Creditors | |
| i. Sundry Creditors for Goods | 3,561,988 | |
| ii. Sundry Creditors for Expenses | 11,189,181 | |
| total | 14,751,169 | |
| 2 | Creditors other than MSME | |
| i. Sundry Creditors for Goods | 74,628,063 | |
| ii. Sundry Creditors for Expenses | 4,596,594 | |
| total | 79,224,657 | |
| Total Sundry Creditors | 93,975,826.00 | |
| 1 | Terms and Conditions of Appointment of Independent Director |
| Sr.No | Date of Meeting | Agenda Item |
|---|---|---|
| F.Y 2021-22 | ||
| 1 | Notice of EoGM through Postal Ballot dated 28/12/2021 |
|
| 2 | EGM (Postal Ballot) for Special Resolution under section 180(1)(a) dated 30/01/2022 |
|
| 3 | Scrutinizer Report for Postal Ballot dated 31/01/2022 |
|
| F.Y 2020-21 | ||
| 1 | Outcome of EoGM held on 19.04.2021 with Summary of Proceedings |
|
| 2 | Certificate of Statutory Auditor for Preferential Issue dated 22.03.2021 |
|
| 3 | Notice of 1st EoGM to be held on 19th April, 2021 dated 22.02.2021 |
|
| F.Y 2019-20 | ||
| 1 | Postal Ballot Notice for General Meeting through Postal Ballot process |
|
| 2 | Agenda to modify main object of MOA (Notice dated 19.12.2019) |
|
| 3 | Result of Postal Ballot dated 01.02.2019 |
|
| 4 | Result of Postal Ballot dated 01.02.2020 |
|
