GENERAL17 Sept 2026
Small-cap under ₹100: Textile stock jumps 4% following this order update | Check details | Stock Market News
Aastha Spintex shares rose over 4% on September 17 after the company shared an update on a rooftop solar project at Falcon Yarns, which it plans to acquire. The 1.35 MW project in Gujarat has moved into on-site execution, but is not yet commissioned. Approvals from the power distribution company are still pending. Check company filings before you act.
Key Statutory Highlights
- Aastha Spintex shares ended 3.66% higher at ₹77.30 on BSE on September 17.
- Falcon Yarns has secured GEDA registration for a rooftop solar system of 1,000 kW AC and 1,350 kW DC capacity at its Bharudi, Gondal facility in Rajkot district.
- As per the September 16, 2026 progress report, module mounting structure marking was about 70% complete and installation about 40% complete.
Actionable Advice for Taxpayers / Founders:If you hold or are considering this stock, rely on the company's official disclosures and remember the solar plant is not yet commissioned, so please speak to your own adviser before acting on the price move.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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