BSECompany Update10 Oct 2026 · 10 Oct 2026, 06:27 pm
Intimation under regulation 30 for awarding of the order from MSEDCL
Saatvik Green Energy Ltd · 544526
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Saatvik Green Energy Ltd has received an order from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for Design, Manufacture, Supply, Transport, Installation, Testing and Commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) worth Rs. 100 Crores.
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Saatvik Green Energy Ltd - 544526 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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Ref.: SGEL/SE/2026-27/59 October 10, 2026
To, To,
Listing Department Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Dalal Street Exchange Plaza, C-1, Block G, Bandra Kurla
Mumbai – 400001 Complex Bandra (E), Mumbai – 400 051
Scrip Code: 544526 Symbol: SAATVIKGL
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulation, 2015 (“SEBI Listing Regulations”).
Pursuant to the provisions of Regulation 30 of the SEBI Listing Regulations, we wish to inform you
that Saatvik Green Energy Limited (“the Company”) has received an order from Maharashtra State
Electricity Distribution Co. Ltd. (MSEDCL) for Design, Manufacture, Supply, Transport,
Installation, Testing and Commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems
(SPWPS) of 3 HP, 5 HP and 7.5 HP capacity at identified farmer’s site in district of Maharashtra,
including complete system warranty and its repair & maintenance and remote monitoring system for 5
Years under Magel Tyala Saur Krushi Pump Yojana/ PM KUSUM B scheme. The total order value
of 5,000 Solar Photovoltaic Water Pumps is for an approximate amount of Rs. 100 Crores (exclusive of
GST).
Details as required under the SEBI Listing Regulations read with the SEBI Master Circular
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 as amended from time to time,
are provided in Annexure A to this letter.
The above information is also being available on the website of the Company https://saatvikgroup.com/
You are requested to kindly take the above information on your record.
Thanking you,
For Saatvik Green Energy Limited
Jyoti Verma
Company Secretary & Compliance Officer
Enc.: a/a
Saatvik Green Energy Limited
(a Saatvik Group Company)
Corporate Office: Tower A, IFFCO Complex, Plot No. 3, Institutional Area, Sector 32, Gurugram, Haryana- 122001,
Tel.: 1800-547-1151 | W.: www.saatvikgroup.com | E.: info@saatvikgroup.com| CIN: L40106HR2015PLC075578
Registered Office: Village Dubli, V.P.O. Bihta, Tehsil Ambala, Haryana- 133101, India
Annexure A
Sr. No. Particulars Details
1 Name of the entity awarding the Maharashtra State Electricity
order(s)/contract(s) Distribution Co. Ltd. (MSEDCL)
2 Significant terms and conditions of Supply of Solar Photovoltaic Water
order(s)/contract(s) awarded, in brief Pumps.
3 Whether order(s) / contract(s) have been awarded Domestic
by domestic/ international entity
4 Nature of order(s)/contract(s) Commercial
5 Time period if any, associated with the The installation and commissioning
order(s)/contract(s) of Solar Photovoltaic Water Pumping
Systems (SPWPS) within 60 days
from date of issuance of NTP/work
order from circle office.
6 Broad commercial consideration or size of the 5,000 Solar Photovoltaic Water
order(s)/contract(s) Pumps for an approximate amount of
Rs. 100 Crores (exclusive of GST).
7 Whether the promoter/ promoter group / group No
companies have any interest in the entity that
awarded the order(s)/contract(s)? If yes, nature of
interest and details thereof.
8 Whether the order(s)/contract(s) would fall No
within related party transactions? If yes, whether
the same is done at “arm’s length”
Saatvik Green Energy Limited
(a Saatvik Group Company)
Corporate Office: Tower A, IFFCO Complex, Plot No. 3, Institutional Area, Sector 32, Gurugram, Haryana- 122001,
Tel.: 1800-547-1151 | W.: www.saatvikgroup.com | E.: info@saatvikgroup.com| CIN: L40106HR2015PLC075578
Registered Office: Village Dubli, V.P.O. Bihta, Tehsil Ambala, Haryana- 133101, India