BSECompany Update1d ago · 21 Jul 2026, 10:47 am

Press Release on Major Contract with SAEL Industries Limited

Batliboi Ltd-$ · 522004

✦ AI Summary▲ PositiveOrder Win

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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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment9/10

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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