Saatvik Green Energy Ltd

Saatvik Green Energy Ltd has announced a Board of Directors meeting scheduled for November 5, 2026. The primary agenda is to consider and approve the Standalone and Consolidated Unaudited Financial Results for the Quarter and Half year ended September 30, 2026. Following the declaration of these results, the trading window will reopen 48 hours later, as per SEBI regulations. The company has also made these details available on its website.

Saatvik Green Energy Limited has launched its Quad-Cut TOPCon 3.0 Dual Glass Bifacial Solar PV Module at the Renewable Energy India (REI) Expo 2026. This new module features N-type TOPCon 3.0 cell technology and a bifacial double-glass construction, offering a power output of up to 670 Wp and a maximum module efficiency of 24.8%. Under bifacial rating conditions, the output can reach up to 745 W. The module boasts a 30-year linear power warranty with only 0.35% annual degradation, supported by Munich RE insurance. This launch signifies Saatvik's strategic move into next-generation, high-wattage solar modules, targeting India's utility-scale and commercial solar markets. The company also highlighted its existing 4.86 GW module manufacturing facility and plans for a new integrated facility in Odisha.

Saatvik Green Energy Limited has received a significant order from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for the Design, Manufacture, Supply, Transport, Installation, Testing, and Commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS). The order encompasses 5,000 units of 3 HP, 5 HP, and 7.5 HP capacity pumps, including a 5-year warranty, repair, maintenance, and remote monitoring. The total value of the order is approximately ₹100 Crores (exclusive of GST). The project is part of the Magel Tyala Saur Krushi Pump Yojana/PM KUSUM B scheme, with installation and commissioning to be completed within 60 days of the work order. This award represents a substantial business development for Saatvik Green Energy.

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.

Saatvik Green Energy Ltd has announced the closure of its trading window for directors, promoters, key managerial personnel, designated employees, and their immediate relatives. This closure is effective from Thursday, October 01, 2026, and will remain in effect until 48 hours after the declaration of the Unaudited Financial Results for the quarter ending September 30, 2026. The company will announce the date of the Board Meeting to approve these results in due course. The information is also available on the company's website.

Saatvik Green Energy Limited has secured and accepted an order worth ₹1,041.63 crore from Solar Energy Corporation of India Limited (SECI) for the supply of Solar PV Modules. The order, for a 600 MWp capacity package, is scheduled for execution by December 2027. This significant win validates Saatvik's manufacturing capabilities and strengthens its position as a domestic supplier for government-backed solar projects, aligning with India's 'Make in India' initiative and the push for energy self-sufficiency. The company highlighted its expanding manufacturing capacities in Ambala and Odisha, emphasizing its strategy to build an integrated solar manufacturing platform.

Saatvik Green Energy Limited has been awarded and accepted a significant order from Solar Energy Corporation of India Limited (SECI) for the supply of Solar PV Modules. The aggregate value of this order is INR 1,041.63 crores. The order is for a commercial nature and is to be executed by December 2027. This marks a substantial business win for Saatvik Green Energy, reinforcing its position in the solar energy sector. The company has confirmed that promoters or their group entities do not have any interest in SECI, and the transaction does not fall under related party transactions.

Saatvik Green Energy Ltd has announced the name change of its subsidiary, formerly known as Melcon Transformers and Electricals Private Limited, to Saatvik Transvolt Solutions Private Limited. This change is effective from September 07, 2026, and has received approval from the Ministry of Corporate Affairs (MCA). The company has also made this information available on its website. This rebranding of the subsidiary is in line with regulatory requirements and may signal a strategic shift or focus for the entity within the Saatvik Group.

Saatvik Green Energy Ltd has dispatched letters to shareholders, providing a web-link and QR code to access the Annual Report for FY 2025-26 and the Notice for the 11th Annual General Meeting (AGM). The AGM is scheduled for Thursday, September 24, 2026, at 11:30 a.m. IST, to be held via Video Conference/Other Audio-Visual Means. This communication is specifically for members whose email addresses are not registered with their Depository Participants. The company encourages shareholders to update their email addresses for future communications and to support its green initiatives. Details for e-voting, including cut-off dates and registration windows, have also been provided.

Saatvik Solar Industries Private Limited, a material subsidiary of Saatvik Green Energy Ltd, has received and accepted an order worth INR 297.5 Crores for the supply of Solar PV Modules. The order comes from two renowned Independent Power producers/EPC Players and is expected to be executed by March 2027. This significant order underscores the subsidiary's growing presence in the renewable energy sector and contributes to the company's overall business development. The transaction is classified as commercial and domestic, with no promoter interest involved.