Saatvik Green Energy Secures INR 87 Crore Solar Module Order
Filing Summary
Saatvik Green Energy Limited has received an order worth INR 87 Crores from a domestic Independent Power Producer/EPC Player. The order involves the supply of solar PV modules and is expected to be executed by March 2026. The transaction is classified as commercial, and there is no involvement of related party transactions. The company has confirmed that neither the promoter group nor group companies have any interest in the entity awarding the order. This information is disclosed under Regulation 30 of SEBI Listing Regulations and is available on the company’s website.
Saatvik Green Energy Limited has announced the receipt of an order valued at INR 87 Crores from a domestic Independent Power Producer/EPC Player. The order pertains to the supply of solar PV modules. The company has accepted the order, and it is scheduled for execution by March 2026.
The order is categorized as a commercial transaction. According to the filing, there are no related party transactions involved, and the promoter group or group companies do not have any interest in the entity awarding the order. This disclosure complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The details of the transaction are outlined in Annexure A of the filing. The order is from a domestic entity, and the significant terms include the supply of solar PV modules. The company has confirmed that the order does not fall within related party transactions and is conducted at arm’s length.
The information regarding this order is also available on the company’s official website. The filing was submitted to both BSE Limited and the National Stock Exchange of India Limited, with the relevant scrip code and symbol provided for reference.
Saatvik Green Energy Limited, formerly known as Saatvik Green Energy Private Limited, is part of the Saatvik Group. The company focuses on the production and supply of solar energy solutions, including solar PV modules. It aims to expand its footprint in the renewable energy sector through strategic partnerships and orders.