Corporate Announcement: Saatvik Green Energy Ltd

!saatvikgreen Overview Saatvik Green Energy Ltd has announced a significant operational development regarding its material subsidiary, Saatvik Solar Industries Private Ltd. The subsidiary has successfully secured and accepted domestic orders valued at ₹177.50 crore for the supply of Solar Photovoltaic (PV) modules. Key Transaction Highlights Client Profile: The orders were awarded by a renowned domestic Independent Power Producer (IPP) / Engineering, Procurement, and Construction (EPC) player. Nature of Contract: The orders are classified as repeated in nature, underscoring the company's product reliability and strong client retention capabilities. Execution Timeline: The supply schedule is immediate, spanning November to December 2025. Corporate Governance: The company has explicitly stated that neither the promoter nor the promoter group has any interest in the entity awarding the orders. These contracts do not fall under related party transactions. Company Profile & Capacity Saatvik Green Energy remains a leading manufacturer in the Indian solar ecosystem with an operational capacity of approximately 3.80 GW for module manufacturing. Beyond manufacturing, the company maintains a diversified portfolio including EPC and Operations & Maintenance (O&M) services. Market Reaction Despite the positive order inflow, the stock witnessed selling pressure in the latest trading session. Closing Price: ₹466.30 Movement: Down by ₹13.90 (-3.07%) on the BSE. Investor Note: This order reinforces revenue visibility for Q3 FY26 and highlights the company's ability to secure recurring business from established domestic power players.