Subsidiary secures INR 219.62 crore solar module orders

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SAATVIKGL · price

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Price reactionminutes from the announcement price · days from the prior close

+10.2%Reaction day

₹459.00

prior close

₹469.50

announcement price

After-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.3%+10.5% vs market

Other Electrical Equipment peers, median of 40sector-0.8%+11.1% vs sector

On the reaction day the stock moved 10.5 pts more than Nifty Microcap 250 and 11.1 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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Sessions after the filingfrom the prior close

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Reaction day

+10.2-0.3+10.5-0.8+11.1

Next day

+20.2-0.1+20.3-1.8+22.0

+16.6+0.6+15.9-1.5+18.0

+14.2+0.1+14.2-2.3+16.6

+16.8-1.1+17.8-3.5+20.3

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15d

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-19.9-6.3-13.6-10.0-9.9

-9.8-4.7-5.1-15.6+5.8

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 40Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Subsidiary Saatvik Solar Industries Private Limited received and accepted domestic orders worth INR 219.62 crore from three independent power producers or engineering firms for solar PV modules. The orders are repetitive and scheduled for execution in FY26. The promoter group has no interest in the customers, and the orders are not related-party deals.

Likely market impact

Creates additional FY26 revenue visibility and strengthens the order book, though delivery timing, margins and cash collection are not disclosed.