Saatvik Green Energy Ltd

Saatvik Green Energy Ltd has announced the closure of its trading window for all directors, promoters, key managerial personnel, and designated employees, along with their immediate relatives. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code. The window will remain shut from Wednesday, July 01, 2026, until 48 hours after the declaration of the Unaudited Financial Results for the quarter ending June 30, 2026. The date for the board meeting to approve these results will be communicated later. The company has also made this information available on its website.

Saatvik Green Energy Ltd has secured an order worth ₹171.45 Crores from a renowned Independent Power producer/EPC Player for the supply of solar PV modules. The order is expected to be executed by October 2026. This order was awarded by a domestic entity and is a commercial order.

Saatvik Green Energy Ltd announced its FY26 results, reporting a 111% YoY increase in revenue from operations to ₹45,484 Mn. The company achieved its highest-ever annual production at 3,162 MW with 84.07% capacity utilization. EBITDA grew by 62% YoY to ₹5,811 Mn, and PAT increased by 64% YoY to ₹3,571 Mn. The order book stood at 5.89 GW as of March 31, 2026. The company is expanding its manufacturing capabilities, including solar cell and encapsulant production.

Saatvik Green Energy Ltd's Board of Directors approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026, in a meeting held on May 20, 2026. The results, along with the Statutory Auditors' reports and declaration of unmodified opinion, will be available on the company's website. The board meeting commenced at 3:40 p.m. and concluded at 5:30 p.m.

Saatvik Green Energy Ltd's Board of Directors approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026, in a meeting held on May 20, 2026. The results, along with the Statutory Auditors' reports and declaration of unmodified opinion, will be available on the company's website. The board meeting commenced at 3:40 p.m. and concluded at 5:30 p.m.

Saatvik Green Energy Ltd's Board of Directors approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026, during its meeting held on May 20, 2026. The meeting commenced at 03:40 p.m. and concluded at 05:30 p.m. The company will host the financial results and related reports on its website.

Saatvik Green Energy Ltd. released a monitoring agency report by Crisil Ratings Limited for the quarter ended March 31, 2026, as per SEBI regulations regarding the utilization of IPO proceeds. The report, dated May 13, 2026, indicates no deviations from the stated objectives of the IPO. The IPO, which occurred from September 19, 2025, to September 23, 2025, raised ₹7,000 million, with net proceeds of ₹6,575.18 million available after deducting issue expenses of ₹424.82 million.

Saatvik Green Energy Ltd has scheduled a Board of Directors meeting on May 20, 2026, to consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026. The meeting will address both Standalone and Consolidated results. The trading window will re-open 48 hours after the declaration of the results. Information is available on the company website.

Saatvik Green Energy Ltd has authorized five Key Managerial Personnel (KMPs) to determine the materiality of events or information and make disclosures to stock exchanges under Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The authorized KMPs include Mr. Neelesh Garg (Chairman and Managing Director), Mr. Manik Garg (Managing Director), Mr. Prashant Mathur (Chief Executive Officer), Ms. Jyoti Verma (Company Secretary & Compliance Officer), and Mr. Rishabh Mehtta (Interim Chief Financial Officer). This authorization ensures compliance with regulatory requirements for timely and accurate disclosure of material events. The contact details for Mr. Neelesh Garg are provided for investor communication, and the information will be available on the company's website.

Saatvik Green Energy Limited has entered into a Share Purchase Agreement on April 23, 2026, to acquire 8,000 equity shares, representing an 80% stake, in Melcon Transformers and Electricals Private Limited for a cash consideration of ₹24 million. Melcon, an Indian transformer manufacturer incorporated in 2005, reported a turnover of ₹4,17,25,820 in FY2025. This strategic acquisition enables Saatvik to diversify into transformer manufacturing, establishing a strong presence in a critical segment of the power value chain. The company aims to become a fully integrated energy solutions provider, leveraging combined capabilities to enhance operational and market synergies, improve execution efficiency, and gain greater control over key components and supply chains. The acquisition is expected to be completed within 30 days.