Saatvik Green Energy Limited has informed the Exchange about Acquisition

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

SAATVIKGL · price

Loading chart…

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

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

+1.1%Reaction day

₹411.95

prior close

₹411.95

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.5%+2.6% vs market

Other Electrical Equipment peers, median of 44sector-1.3%+2.4% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.4 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

-0.8

10m

-0.2

15m

+0.0

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1-1.5+2.6-1.3+2.4

Next day

+0.8-2.2+3.0-1.5+2.3

-0.8-1.2+0.4-2.0+1.1

-0.5-0.9+0.5-1.3+0.9

-1.1-2.3+1.2-2.0+0.8

-1.9-2.5+0.6-3.0+1.1

-4.2-3.6-0.6-4.0-0.2

15d

-19.0-10.4-8.6-12.5-6.5

-14.8-11.3-3.5-10.2-4.6

+12.6-3.6+16.2+1.4+11.2

+10.9+3.9+7.1+12.7-1.8

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 44Pending

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

AI summary

Saatvik Green Energy's wholly-owned subsidiary, Saatvik Cleantech EPC Private Limited, has signed a Share Purchase Agreement to acquire a 49% stake in Intelligent Hydel Solutions Private Limited (IHSPL) for a cash consideration of ₹1,30,58,500 (about ₹1.3 crore). RMC Switchgears Limited will continue to hold the remaining 51% and remain the holding company of IHSPL. IHSPL has a Power Purchase Agreement (PPA) with Maharashtra's power utility MSEDCL to set up a 41 MW AC power plant in Maharashtra, and the deal allows Saatvik to enter the Independent Power Producer (IPP) business. The target is a newly incorporated company (January 2024) with zero revenue in FY24 and FY25, and the acquisition is expected to be completed within 30 days. The transaction is not a related-party deal.

Likely market impact

Small-ticket acquisition (₹1.3 crore) means limited immediate financial impact, but it marks Saatvik's strategic entry into hydro-based power generation with a secured long-term PPA, diversifying its clean energy portfolio beyond solar modules.