New 1.8 GWh battery storage facility, product entry within 12 months

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SAHAJSOLAR · price

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

-2.8%Reaction day

₹86.95

prior close

₹84.10

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-1.7%-1.1% vs market

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250, 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

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Reaction day

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Next day

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AI summary

Sahaj Solar's board approved setting up a 1.8 GWh Battery Energy Storage System (BESS) manufacturing facility at Dakor, Gujarat. Investment is around 25 crore, funded through debt and internal accruals, with the product launch targeted within 12 months. The company currently has no existing capacity. The move aims to vertically integrate its solar systems business, with products aimed at domestic and international markets.

Likely market impact

Capacity addition diversifies into energy storage and could support future revenue growth, but adds capex burden and execution risk within the 12-month timeline.