SAATVIKGLNSESaatvik Green Energy LimitedHighPositive
Announced Fri, 9 Jan · 23:01 IST

Saatvik Green Energy Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Business Updates 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

Awaiting price reaction for this filing.

AI summary

Saatvik Green Energy's material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a domestic order worth INR 13.80 Crores for the supply of solar PV modules. The order has been placed by a renowned Independent Power Producer/EPC Player. The order is commercial in nature and is to be executed by February 2026. There is no promoter or related party interest in the entity awarding the order.

Likely market impact

The order adds INR 13.80 Crores to the order book of the subsidiary and is positive for near-term revenue visibility, though the size appears modest relative to typical operations of solar module companies. Execution is expected within about two months, providing quick revenue recognition.