Saatvik Solar Subsidiary Secures INR 138 Crore Order for Supply of Solar PV Modules
Saatvik Green Energy Limited, through its material subsidiary, has secured a significant commercial order for the supply of Solar PV Modules. The contract was awarded by a renowned Independent Power producer and EPC Player, amounting to INR 138 Crores.The order is designated for the supply of solar photovoltaic modules and represents a substantial business win for Saatvik Solar Industries Private Limited. This domestic commercial transaction is scheduled for execution by December 2026.
Details regarding the contract have been made public, confirming that no interest exists from the promoter group in the entity awarding the order, and the contract falls outside related party transactions.
The key details of this commercial agreement are summarized below:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Renowned Independent Power producer / EPC Player |
| Product Supplied | Solar PV Modules |
| Nature of Transaction | Commercial |
| Contract Value | INR 138 Crores |
| Time Period for Execution | By December 2026 |
SAATVIKGL Stock Price Movement
Shares of Saatvik Green Energy Limited slipped by 0.78% on Wednesday, settling at ₹444.75 after shedding ₹3.50 during trading. The equity recorded a traded volume of 63,245 shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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