Saatvik Green Energy Annual General Meeting
Saatvik Green Energy held its 11th Annual General Meeting on September 24, 2026, where shareholders adopted financial statements and approved all proposed resolutions with requisite majority.
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Saatvik Green Energy held its 11th Annual General Meeting on September 24, 2026, where shareholders adopted financial statements and approved all proposed resolutions with requisite majority.
Saatvik Green Energy Limited secured a Rs. 1,041.63 crore order from Solar Energy Corporation of India for supplying Solar PV Modules. This contract strengthens the company's order book.
Saatvik Green Energy Limited announced that its subsidiary, Melcon Transformers and Electricals Private Limited, has changed its name to Saatvik Transvolt Solutions Private Limited.
Saatvik Green Energy's subsidiary, Saatvik Solar Industries, secured a Rs. 297.5 Crore order for solar PV modules. The project will be completed by March 2027.
Saatvik Green Energy has filed the notice of its 11th Annual General Meeting scheduled for September 24, 2026, along with its Annual Report.
Saatvik Green Energy's subsidiary has applied for ALMM enlistment for its new 2.4 GW solar cell manufacturing facility in Odisha. This project strengthens the company's domestic manufacturing capabilities.
Saatvik Green Energy's subsidiary received a Rs. 190 Crore order from an independent power producer for Solar PV module supply, to be executed by March 2027.
Saatvik Solar signed an MoU with the Odisha Government to establish a 3.6 GW solar cell manufacturing facility. This Phase II expansion at Gopalpur targets production by FY28.
Management is masking a weak Q1 performance by pivoting to aggressive future targets. Revenue fell 44% YoY due to execution delays and raw material volatility.
Saatvik Green Energy's Q1 FY27 revenue stood at ₹511 Crore, with a PAT of ₹5.4 Crore amid manufacturing expansion and new product launches.
Saatvik Green Energy Limited has appointed Protiviti India Member Private Limited as Internal Auditor and K K Sinha & Associates as Cost Auditor.
Saatvik reported a sharp decline in Q1 FY27 performance as it transitions to a cell-led integrated manufacturing model via major expansion in Odisha.
The company appointed Protiviti India Member Private Limited as Internal Auditor and M/s K. K. Sinha & Associates as Cost Auditor for the FY 2026-27.
Saatvik Green Energy Ltd reported revenue from operations of ₹511 Cr (-44.2% YoY) and net profit of ₹5.4 Cr (-95.4% YoY) for Q1 FY27.
Saatvik Green Energy’s subsidiary secured a ₹132 Crore order from an Independent Power Producer for the supply of Solar PV modules.
Saatvik Green Energy's subsidiary received an order for Solar PV Modules from Vikran Engineering Limited. The contract value totals ₹476 Crore.
Saatvik Green Energy's subsidiary, Saatvik Solar Industries, secured a Rs.400.16 Crore order for supplying Solar PV modules. Delivery is scheduled for completion by March 2027.
Saatvik Green Energy has scheduled a board meeting on August 14, 2026. The board will consider and approve unaudited financial results for the quarter ended June 30, 2026.
Saatvik Green Energy's wholly-owned subsidiary will provide a ₹37 crore corporate guarantee to Axis Bank for credit facilities extended to promoter group entity Saatvik Agro Processors.
Saatvik Green Energy's subsidiary, Saatvik Cleantech EPC, issued a ₹160 Crore corporate guarantee for Intelligent Hydel Solutions' loan facility, pledging its 49% stake.
Saatvik Green Energy's subsidiaries issued corporate guarantees for credit facilities, aggregating ₹197 Crore. These obligations support financing for a subsidiary and a promoter group entity.
Saatvik Green Energy Ltd's subsidiary received a ₹138 Crore order for supplying Solar PV Modules to an Independent Power Producer. The order will be executed by December 2026.
Saatvik Green Energy reported its quarterly shareholding pattern. Gapbridge Software Services Private Limited ceased to be part of the promoter group effective June 5, 2026.