SAATVIKGLNSESaatvik Green Energy LimitedHighNeutral
Announced Thu, 23 Apr · 17:34 IST

Saatvik Green Energy Limited has informed the Exchange regarding Appointment of Rishabh Mehtta as Chief Financial Officer of the company w.e.f. April 23, 2026.

Management Changes View source PDF

SAATVIKGL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+4.2%1-day move
₹467.05
prior close
₹470.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.1-0.5-0.9+4.2+3.2+3.6-1.7+3.6+3.0-6.4-4.7+4.8-5.2
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AI summary

Saatvik Green Energy Limited announced the appointment of two Key Managerial Personnel effective April 23, 2026. Ms. Jyoti Verma, a Fellow Company Secretary with over 20 years of experience in corporate laws and compliance (previously Head - Legal, CS & Compliance Officer at EPACK Durable Limited), was appointed as Company Secretary and Compliance Officer. Mr. Rishabh Mehtta, a Chartered Accountant and CFA Charter holder with over 10 years of experience (previously with C.B. Chhajed & Co. and involved in Tara Jewels IPO), was appointed as Interim Chief Financial Officer. Additionally, Mr. Vaibhav Bhardwaj, currently Chief Operating Officer and Senior Management Personnel, will transfer to Saatvik Solar Industries Private Limited (a wholly owned subsidiary) and cease to be SMP of the company after business hours on April 30, 2026.

Likely market impact

The appointment of an experienced Company Secretary like Ms. Verma strengthens the company's compliance and governance framework, which is positive for shareholders. The appointment of an Interim CFO suggests a transition in the finance leadership, and investors should monitor whether a permanent CFO is appointed going forward.