SOLAR INDUSTRIES : SA STEP-DOWN SUBSIDIARY ACQUIRES 100% SHARES OF OMNIA HOLDINGS LIMITED

• Solar SA Investments Proprietary Limited, a wholly owned step-down subsidiary of Solar Industries India Limited, to acquire all outstanding shares of Omnia Holdings Limited (Omnia Group) • All-cash transaction for approximately US$1.355 billion (₹12,951 crores) • Omnia Group is a diversified international group providing innovative products, solutions and specialised services to the mining and agriculture sectors • For FY ended March 31, 2026, Omnia reported revenue of approximately US$1.41 billion (₹13,307 crores) • The acquisition is expected to create one of the largest and most integrated explosives and blasting solutions platforms globally • Benefits include expanded manufacturing capabilities, enhanced market reach, and access to strategically important mining jurisdictions

Solar Industries India Ltd

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