NSEGiving guarantees/indemnity/ becoming a surety for third party31 Jul 2026 · 31 Jul 2026, 06:37 pm
Giving guarantees/indemnity/ becoming a surety for third party
Saatvik Green Energy Limited · SAATVIKGL
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Saatvik Green Energy Limited has informed the Exchange that its wholly owned subsidiaries have approved/issued Corporate guarantees in favour of third parties for loan facilities and credit facilities.
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Governance Concern3/10
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Market Sentiment5/10
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Saatvik Green Energy Limited has informed the Exchange that its wholly owned subsidiaries companies approved/issued Corporate guarantees.
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Ref.: SGEL/SE/2026-27/28 July 31, 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
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulation, 2015 (“SEBI Listing Regulations”)
Dear Sir/Madam,
Pursuant to Regulation 30 read with Para B of Part A of Schedule III of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015, please take note of the following information:
1. The Board of Directors of Saatvik Cleantech EPC Private Limited ("Saatvik EPC"), a wholly
owned subsidiary of the Company, at its meeting held on July 31, 2026, has inter-alia considered
and approved:
a) issuance of Corporate Guarantee (CG) in favour of Aseem Infrastructure Finance Limited
("AIFL") on behalf of Intelligent Hydel Solutions Private Limited ("IHSPL"), which is its
subsidiary, in connection with the term loan facility to be availed by IHSPL for an amount
of ₹160 crores, for the development of a 41 MW (AC Capacity) ground-mounted
decentralized solar power project across 10 locations in Maharashtra and the issuance of a
Letter of Comfort/undertaking in favour of RMC Switchgears Limited ("RMC") in relation
to the CG proposed to be provided by RMC in favour of AIFL;
b) pledge of entire equity stake held by Saatvik EPC in IHSPL i.e. 49% equity of IHSPL, in
favour of AIFL as security for the aforesaid loan facility;
2. Issuance of Corporate Guarantee by Saatvik Solar Industries Private Limited ("Saatvik Solar"),
a material wholly owned subsidiary of the Company, in favour of Axis Bank Limited on behalf
of Saatvik Agro Processors Private Limited ("Saatvik Agro"), a Promoter Group entity, for an
amount aggregating to ₹37 Crores for the working capital credit facility availed/to be availed
by Saatvik Agro.
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 will be made available on the website of the Company
https://saatvikgroup.com/
Saatvik Green Energy Limited
(formerly known as Saatvik Green Energy Private 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
You are requested to kindly take the above information on your record.
Thanking you,
For Saatvik Green Energy Limited
(Formerly known as Saatvik Green Energy Private Limited)
Jyoti Verma
Company Secretary & Compliance Officer
Saatvik Green Energy Limited
(formerly known as Saatvik Green Energy Private 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
Sno. Particulars Transaction 1 Transaction 2
1 Name of party for which such By Saatvik Cleantech EPC By Saatvik Solar
guarantees or indemnity or Private Limited (Saatvik Industries Private
surety was given; EPC), Wholly owned Limited (SSIPL), Wholly
subsidiary of the Company owned subsidiary of the
for Intelligent Hydel Company for Saatvik
Solutions Private Limited Agro Processors Private
(“IHSPL”), its subsidiary Limited, a promoter
(49% equity stake with group company
management control)
2 Whether the promoter/ No. The Promoter, Yes. Saatvik Agro
promoter group/ group Promoter Group and Processors Private
companies have any interest Group Companies of the Limited is a Promoter
in this transaction? If yes, Company do not have any Group entity of the
nature of interest and details interest in the transaction, Company.
thereof and whether the same except to the extent of their The Corporate
is done at “arm’s length”; shareholding, if any, in the Guarantee is proposed to
Company. The transaction be issued in connection
has been undertaken in the with the credit facilities
ordinary course of business extended/proposed to
of the subsidiary and on an be extended by Axis
arm’s length basis. Bank Limited to Saatvik
Agro Processors Private
Limited. The transaction
has been undertaken on
arm’s length basis.
3 Brief details of such guarantee - -Issuance of a CG by Issuance of a Corporate
or indemnity or becoming a Saatvik EPC, WOS in Guarantee in favour of
surety viz. brief details of favour of AIFL on behalf Axis Bank Limited on
agreement entered (if any) of IHSPL in relation to a behalf of Saatvik Agro
including significant terms loan facility of ₹160 crore Processors Private
and conditions, including availed/to be availed by Limited for an amount
amount of guarantee; IHSPL, together with the aggregating to ₹37 crore
pledge of Saatvik EPC’s in connection with the
entire 49% equity stake in credit facilities
IHSPL as security for the extended/proposed to
said facility. be extended by Axis
Bank Limited.
- Issuance of a Letter of
Comfort in favour of
RMC Switchgears
Saatvik Green Energy Limited
(formerly known as Saatvik Green Energy Private 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
Limited (holding 51%
equity stake in IHSPL) in
relation to equivalent CG
to be provided by RMC
Switchgears Limited
4 Impact of such guarantees or There is no direct impact The Company's
indemnity or surety on listed on the Company. exposure is limited to the
entity. extent of the amount of
corporate guarantee.
Saatvik Green Energy Limited
(formerly known as Saatvik Green Energy Private 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