Saatvik Green Energy: CFO Abani Kant Jha Resigns, Effective April 7, 2026
Saatvik Green Energy Limited announced CFO Abani Kant Jha's resignation effective April 07, 2026, following BSE's clarification request. The company provided updated details confirming his departure to explore professional opportunities outside the Saatvik Group, with proper regulatory compliance under SEBI listing regulations.

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Saatvik Green Energy Limited has announced the resignation of its Chief Financial Officer, Mr. Abani Kant Jha, effective April 07, 2026. Following a clarification sought by BSE Limited, the company provided updated details confirming that Mr. Jha is stepping down to explore professional opportunities outside the Saatvik Group, marking a significant change in the senior management structure.
Resignation Details and BSE Clarification
The company submitted an updated communication to stock exchanges on April 09, 2026, in response to BSE's request for clarification regarding the reason for resignation. Mr. Abani Kant Jha tendered his resignation from the position of Chief Financial Officer to explore professional opportunities outside the Saatvik Group with effect from April 07, 2026. As a Key Managerial Personnel of the company, his departure represents a notable transition in leadership.
| Parameter: | Details |
|---|---|
| Position: | Chief Financial Officer (Key Managerial Personnel) |
| Effective Date: | April 07, 2026 |
| Reason: | To explore professional opportunities outside Saatvik Group |
| BSE Clarification Date: | April 09, 2026 |
| Reference Letter: | SGEL/SE/2026-27/03 |
Regulatory Compliance
The resignation disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company referenced the SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 in its filing. The updated resignation letter was submitted as Annexure-A, providing all relevant details in the prescribed format as required under the regulations.
Company Information
Saatvik Green Energy Limited, formerly known as Saatvik Green Energy Private Limited, operates as part of the Saatvik Group. The company maintains its corporate office at Tower A, IFFCO Complex, Plot No. 3, Institutional Area, Sector 32, Gurugram, Haryana. The resignation information has been made available on the company's website at saatvikgroup.com.
In his updated resignation letter dated April 09, 2026, Mr. Jha expressed gratitude to the Board, management, and team for the opportunity to contribute to the organization's growth journey. He described his association with the company as an enriching and rewarding experience while wishing continued success for the company's future endeavors. The letter was digitally signed by Managing Director Manik Garg and submitted to both BSE Limited and National Stock Exchange of India Limited.
How will Saatvik Green Energy's financial reporting and strategic planning be affected during the interim period before a new CFO is appointed?
What impact might this senior leadership change have on Saatvik Green Energy's upcoming fundraising plans or expansion projects in the renewable energy sector?
Will the company consider internal succession or external recruitment for the CFO position, and what timeline are they targeting for the replacement?

































