
Subsidiary28 Sept 2026, 06:10 pm
Saatvik Green Energy Subsidiary Converts to Public Co.
AI Summary
Saatvik Green Energy Ltd announced that its subsidiary, formerly "Melcon Transformers and Electrical Private Limited" and recently renamed "Saatvik Transvolt Solutions Private Limited", has officially converted from a private limited company to a public limited company. This conversion is effective from September 28, 2026. Following the conversion, the subsidiary's name has been updated to "Saatvik Transvolt Solutions Limited" in the Ministry of Corporate Affairs records. The new Corporate Identification Number (CIN) for the subsidiary is U31102RJ2005PLC020217. This change signifies a structural shift for the subsidiary within the Saatvik group.
Key Highlights
- Saatvik Green Energy's subsidiary has converted to a public limited company.
- The subsidiary's name is now Saatvik Transvolt Solutions Limited.
- The conversion is effective September 28, 2026.
- A new CIN U31102RJ2005PLC020217 has been issued.
Price Impact
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