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Saatvik Green Energy Ltd reported revenue from operations of ₹1,608 Cr (+75.0% YoY) and net profit of ₹60.4 Cr (-36.2% YoY) for Q4 FY26.
Saatvik Green Energy reported annual consolidated revenue of ₹4,548.44 Crore and net profit of ₹357.12 Crore. The company also disclosed IPO proceeds utilization and key subsidiary acquisitions.
Saatvik Green Energy Limited reported its IPO proceeds utilization for the quarter ended March 2026. The monitoring report tracks the deployment of ₹700.00 Crore gross proceeds.
Saatvik Green Energy Limited scheduled a board meeting on May 20, 2026, to approve audited annual financial results. The trading window remains closed until May 22.
Saatvik Green Energy Limited announced leadership changes: Ms. Jyoti Verma was appointed Company Secretary and Mr. Rishabh Mehtta as CFO. Simultaneously, COO Mr. Vaibhav Bhardwaj will transition to a wholly owned subsidiary. These appointments strengthen the company's governance and financial management teams following its board meeting on April 23, 2026.
Saatvik Green Energy Limited has appointed Ms. Jyoti Verma as Company Secretary and Mr. Rishabh Mehtta as Chief Financial Officer. Additionally, Mr. Vaibhav Bhardwaj will transition from Chief Operating Officer to a role at the company's wholly-owned subsidiary, Saatvik Solar Industries Private Limited, effective April 30, 2026.
Saatvik Green Energy Limited reported a Code of Conduct violation under SEBI Insider Trading Regulations. A relative of an Assistant General Manager executed an inadvertent contra trade. The company issued a warning letter to the Designated Person, noting the trade volume was insignificant and lacked intent to violate regulations.
Saatvik Green Energy Limited is acquiring an 80% stake in Melcon Transformers and Electrical Private Limited for ₹2.40 Crore. This strategic acquisition enables diversification into transformer manufacturing, establishing a presence in the power value chain. The transaction is expected to conclude within 30 days, unlocking operational synergies and enhancing supply chain control.
Saatvik Green Energy Limited has updated its list of Key Managerial Personnel authorized to determine the materiality of events under SEBI Regulation 30(5). The authorized personnel include the Chairman and MD, CEO, CS, and Interim CFO. This is a routine administrative compliance update regarding the company's disclosure policy.
Saatvik Green Energy Limited is acquiring an 80% stake in Jaipur-based Melcon Transformers and Electricals Private Limited for ₹2.4 Crore. The acquisition, expected to complete within 30 days, enables Saatvik to diversify into transformer manufacturing and integrate its power value chain. Melcon reported a FY2025 turnover of ₹4.17 Crore.
Saatvik Green Energy Limited appointed Ms. Jyoti Verma as Company Secretary and Mr. Rishabh Mehtta as Interim CFO, effective April 23, 2026. Additionally, Mr. Vaibhav Bhardwaj will transition from COO to a subsidiary role, ceasing to be Senior Management Personnel from April 30, 2026. These changes strengthen the company's governance and leadership framework.
Saatvik Green Energy's subsidiary, Saatvik Solar Industries, secured a ₹71.25 Crore order for Solar PV Modules. The contract was awarded by a renowned Independent Power producer/EPC Player and is scheduled for execution by May 2026. This significant win enhances the company's revenue visibility in the renewable energy sector.
Saatvik Green Energy's material subsidiary, Saatvik Solar Industries, secured a ₹108.75 Crore order for Solar PV Modules from Independent Power producers/EPC players. The contract is scheduled for execution by September 2026, providing strong revenue visibility for the company's solar manufacturing segment.
Saatvik Green Energy Limited announced the resignation of its Chief Financial Officer, Mr. Abani Kant Jha, effective April 07, 2026. Mr. Jha is leaving to explore professional opportunities outside the group. The company submitted an updated resignation letter following a clarification request from BSE regarding the specific reasons for his departure.
Saatvik Green Energy Limited announced the cessation of Abani Kant Jha as Chief Financial Officer, effective April 7, 2026. Additionally, Aman Attree (Senior Management) stepped down effective April 8, 2026. These leadership changes are significant for corporate governance and the company's financial oversight transition.
Saatvik Green Energy Limited announced the resignation of its Chief Human Resource Officer, Mr. Aman Attree, effective April 08, 2026. Mr. Attree stepped down due to personal health reasons. The company has informed both NSE and BSE of this senior management change in compliance with SEBI LODR regulations.
Mr. Abani Kant Jha has resigned as the Chief Financial Officer (Group CFO) of Saatvik Green Energy Limited, effective April 07, 2026. The company is in the process of identifying a successor for the KMP role. This change in leadership will be monitored by investors for continuity in financial management.