STOCKWATCH

SG Mart Secures Orders Worth Rs. 266 Cr in Renewables Sector

SG Mart Ltd, formerly known as Kintech Renewables Limited, has announced its foray into the renewables sector with the supply of solar mounting structures. The company has secured orders worth Rs. 266 Cr (excluding GST) from multiple independent power producers and domestic entities. The delivery of the solar module mounting structures is scheduled to take place in the FY 2025-26. The company confirmed that neither the promoter nor the promoter group or group companies have any interest in the entities that awarded the orders.

• SG Mart enters renewables sector with supply of solar mounting structures
• Secures orders worth Rs. 266 Cr from multiple independent power producers and domestic entities
• Delivery scheduled for FY 2025-26
• No related party transactions involved