Subsidiary bags INR 44.10 Cr solar PV module order

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SAATVIKGL · price

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

+0.4%Reaction day

₹408.50

prior close

₹424.05

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.3%+0.1% vs market

Other Electrical Equipment peers, median of 45sector+0.3%+0.0% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and in line with 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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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.4+0.3+0.1+0.3+0.0

Next day

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-1.3-1.1-0.2-2.1+0.7

-3.4-2.4-1.0-2.9-0.5

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 45Pending

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

AI summary

Material subsidiary Saatvik Solar Industries has received and accepted an order worth INR 44.10 Crores from a domestic Independent Power Producer and EPC player for supply of solar PV modules. The order is to be executed by March 2026. No promoter or related party interest in the awarding entity.

Likely market impact

Positive for order book; modest size but reinforces subsidiary's commercial pipeline visibility.