Saatvik Green Energy Limited (SAATVIKGL) — Announcement

· NSE 🔴 High Importance Neutral

Saatvik Green Energy Limited announced on April 23, 2026 that it has entered into a Share Purchase Agreement to acquire an 80% equity stake in Melcon Transformers and Electricals Private Limited for INR 24 million, marking its strategic entry into transformer manufacturing to strengthen its position in India's power infrastructure and renewable energy value chain.

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About Saatvik Green Energy Limited (SAATVIKGL)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹5,694.94 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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