BSECompany Update1d ago · 21 Jul 2026, 10:47 am
Press Release on Major Contract with SAEL Industries Limited
Batliboi Ltd-$ · 522004
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Batliboi Ltd has secured a major contract with SAEL Industries Limited for ₹52 crores to design, supply, install and commission a PEX system for a 6 GW solar cell manufacturing facility.
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Batliboi Ltd-$ - 522004 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Scrip Code: 522004
21-07-2026
Dear Sir / Madam,
Subject: Press release on Major Contract with SAEL Industries Limited
Dear Sir/ Madam,
In compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements)
Regulation 2015, we are pleased to inform you that the Company has secured major contract with
SAEL Industries Limited. The press release in this regard titled “Batliboi Ltd - Environmental
Engineering Division (EEG Division) Secures Major Contract with SAEL Industries Limited” is
enclosed.
The same is also available on the Company’s website at http://www.batliboi.com/ in compliance with
Regulation 46 of the SEBI Listing Regulations.
Yours faithfully,
For Batliboi Limited
Pooja Sawant
Company Secretary
ACS 35790
Place: Mumbai
Encl: As above
Batliboi Ltd - Environmental Engineering Division (EEG Division) Secures Major Contract with SAEL
Industries Limited
Batliboi Ltd- EEG Division, a major player in the solution provider in air pollution systems for Steel,
cement, power, chemical, tyre industries etc, has announced today that it has secured a major new
contract from SAEL Industries Limited for Design, Supply, Installation and Commissioning of pollution
equipment for its upcoming Solar Cell Manufacturing facility located at Jewar, Uttar Pradesh. The
contract is valued at ₹52 crores, represents a significant milestone in this divisions foray into the
Solar Energy Sector.
Under the terms of the agreement, Batliboi Ltd - EEG Division will Design, Engineer, Supply, Install
and Commission a PEX System to support SAEL Industries Limited’s 6GW Solar Cell Line. The project
is expected to be commissioned in the next 6-8 months. EEG has in past successfully commissioned
PEX system for solar module manufacturing for Adani Mundra Solar Ltd.
This contract win symbolizes the EEG Division’s capabilities to deliver innovative solutions. It also
focuses with the Division’s long-term strategy aligning with the government’s initiative to encourage
indigenous manufacturing of solar ecosystem.
Comment From the Management:
“I am delighted to inform you that Batliboi Limited’s EEG Division has secured a landmark ₹52 crore
contract from SAEL Industries Limited to design, supply, install and commission a turnkey PEX system
for a 6 GW solar cell manufacturing facility at Jewar, Uttar Pradesh. This order not only demonstrates
our technical capabilities and execution strength in environmental engineering, but also represents a
significant step in our strategic expansion into the solar manufacturing supply chain—an area
aligned with India’s priority for indigenous clean‑energy production. We expect the project to be
commissioned within 6–8 months, and remain confident it will contribute positively to the Division’s
growth trajectory and long‑term shareholder value.”
Sanjiv Joshi,
Managing Director, Batliboi Ltd
About Batliboi Ltd
Batliboi Limited is a diversified business house with a strong presence in Machine Tools, Air
Engineering, Textile Machinery, and Environmental Engineering in India and a global presence in
Machine Tools through its earlier acquisition of QuickMill, Canada. The Company is committed to
driving growth through strategic acquisitions and organic expansion while maintaining operational
excellence and creating long term stakeholder value.
About SAEL Industries Ltd:
SAEL is a leading Indian renewable energy company focused on expanding access to sustainable,
clean power. Its core businesses include solar power generation, waste-to-energy projects, and the
manufacturing of solar modules and solar cells.,
For More Information, Please Contact:
Ms. Pooja Sawant
Company Secretary & Compliance Officer
Batliboi Limited
Ms. Saloni Ajmera/ Selina Sheikh
Investor Relations
Go India Advisors
saloni@GoIndiaAdvisors.com /selina@GoIndiaAdvisors.com