Saatvik Green Energy Subsidiary Secures INR 44.10 Crore Solar Module Order from Domestic IPP, Execution By March 2026

Saatvik Green Energy Limited on February 17, 2026 informed the exchanges that its material subsidiary has received and accepted orders aggregating to INR 44.10 crore for solar PV modules, according to a Regulation 30 filing dated the same day.

Order Details Under Regulation 30 Disclosure

In its intimation to BSE and NSE, the company said Saatvik Solar Industries Private Limited, a material subsidiary, has secured the order from a “renowned Independent Power producer/EPC Player” for the supply of solar photovoltaic modules.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

As outlined in Annexure A to the filing:

• The contract is commercial in nature.
• The awarding entity is domestic.
• There is no promoter or promoter group interest in the awarding entity.
• The transaction does not fall within related party transactions and is not at arm’s length considerations.

The order is scheduled to be executed by March 2026.

Company Background

Saatvik Green Energy Limited, formerly known as Saatvik Green Energy Private Limited, operates in the renewable energy segment, with a focus on solar photovoltaic modules and related solutions.

Its material subsidiary, Saatvik Solar Industries Private Limited, undertakes manufacturing and supply of solar modules catering to independent power producers and EPC players in the domestic market.

The company has been making periodic disclosures in line with SEBI Listing Regulations, including order inflows and operational updates.

Share Price Snapshot

As of 18 February 2026 at 11:42 am IST, on the NSE, Saatvik Green Energy Ltd share price was trading at ₹412.65, down ₹0.25 or 0.061% today. The stock opened at ₹424.05, reaching a high of ₹429.75 and a low of ₹411.20 during the session. The company has a market capitalization of ₹5,240 crore and a P/E ratio of 12.30. Over the past 52 weeks, the share price has ranged between ₹345 and ₹567.

The INR 44.10 crore order adds to the company’s confirmed order book and is expected to be executed within the current financial year ending March 2026, as per the exchange filing. Further operational and financial impact may be reflected in subsequent disclosures and periodic results.

Source: https://nsearchives.nseindia.com/corporate/SAATVIK_17022026205753_Intimationstxsigned.pdf