SWELECT ENERGY SYSTEMS LTD - some information from Annual report

Hi, was anyone able to attend the AGM?

Recently, I observed prices correcting sharply and I’m scratching my head, what went wrong with this business. I could not find any positive or negative news since the last communication from the management. There is limited information available and no con call from the management to know what’s happening here. If possible, can anyone update with latest information.

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Solar panel is a volatile business and premium will go sharply down, its a commodity play now, too many players, untill results are swelect will keep following down trend.

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Last year, they have give guidance of 250-350MW Pv module sales for FY24 and missed it by a huge margin