The Exchange has sought clarification from Saatvik Green Energy Limited with respect to recent news item captioned Saatvik Green Energy bags Rs 29-cr solar EPC order. The response from the Company is awaited.
SAATVIKGL · price
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Awaiting price reaction for this filing.
NSE has asked Saatvik Green Energy to clarify a recent news article stating that the company has bagged a Rs 29-crore solar EPC (Engineering, Procurement and Construction) order. Such clarifications are typically sought by the exchange to verify market-moving news. The company has not yet submitted its response, and investors are awaiting confirmation or details on the order. Until the response is filed, the authenticity and size of the deal remain unconfirmed by the company.
This is a routine exchange query and not an adverse action. However, the stock could see some volatility until the company confirms the order details. Shareholders should wait for the official response before drawing conclusions about the deal's impact on revenue or growth.