Saatvik Green Energy shares rose over 2% on Tuesday after the company announced that it has secured fresh orders worth ₹488 crore from reputed Independent Power Producers (IPPs) and Engineering, Procurement, and Construction (EPC) players for the supply of solar PV modules.
According to the company’s regulatory filing, the orders have been accepted and will be executed within the current financial year (FY26). Saatvik said these contracts underscore its strong market position and growing trust among leading players in India’s renewable energy sector.
The company also highlighted that the latest deals come from domestic clients with whom it shares long-term business relationships, reinforcing its reputation for consistent quality and reliability in solar module manufacturing.
Saatvik clarified that none of the company’s promoters or group entities have any financial interest in the contracting parties, confirming that the transactions are not related-party in nature.
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