Business Update11 Aug 2026, 06:10 pm
Saatvik Green Energy Subsidiary Secures ₹400.16 Cr Solar Module Order
AI Summary
Saatvik Green Energy Ltd's material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a significant order worth INR 400.16 Crores. The order is from a renowned Independent Power producer/EPC Player for the supply of Solar PV Modules. The execution of this order is expected to be completed by March 2027. This deal represents a commercial contract and does not involve any interest from promoters or group companies, nor is it considered a related party transaction.
Key Highlights
- Subsidiary received a major order for Solar PV Modules.
- Order value stands at INR 400.16 Crores.
- Execution timeline set for completion by March 2027.
- The contract is of a commercial nature.
- No promoter or related party interest involved.
Price Impact
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