Saatvik Green Energy Limited Receives Bronze Medal Rating from EcoVadis for Sustainability Performance

1 min read Updated on 21 Mar 2026, 04:49 PM

Reviewed by

Radhika SScanX News Team

Overview

Saatvik Green Energy Limited has been awarded a Bronze Medal by EcoVadis for sustainability performance, achieving a score of 69/100 and ranking in the 79th percentile globally. The recognition from one of the world's most trusted sustainability rating platforms highlights the company's commitment to environmental and social responsibility. This achievement was disclosed under SEBI regulations, demonstrating compliance with regulatory requirements for material information sharing.

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Saatvik Green Energy Limited has announced that it has received a Bronze Medal rating from EcoVadis, one of the world's most trusted sustainability rating platforms. The recognition underscores the company's commitment to sustainable business practices and environmental stewardship.

EcoVadis Rating Achievement

The company achieved a notable performance in EcoVadis' comprehensive sustainability assessment:

Parameter:	Details
Rating:	Bronze Medal
Score:	69/100
Global Percentile:	79th percentile
Assessment Platform:	EcoVadis

This achievement places Saatvik Green Energy Limited in the 79th percentile among all companies assessed by EcoVadis globally, demonstrating strong performance in sustainability metrics compared to international peers.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in accordance with the SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. This regulatory filing ensures transparency and keeps stakeholders informed about material developments affecting the company.

About EcoVadis

EcoVadis is recognized as one of the world's most trusted sustainability rating platforms, providing comprehensive assessments of companies' environmental, social, and governance practices. The Bronze Medal rating reflects Saatvik Green Energy Limited's dedication to maintaining high standards in sustainability performance across various operational parameters.

The company has made this information available on its official website at saatvikgroup.com, ensuring accessibility for all stakeholders and maintaining transparency in its sustainability achievements.

Saatvik Green Energy Incorporates Wholly Owned Subsidiary for Energy Storage Business

1 min read Updated on 10 Mar 2026, 08:10 AM

Reviewed by

Riya DScanX News Team

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Overview

Saatvik Green Energy Limited has established a wholly owned subsidiary, Saatvik Power Storage Solutions Limited, incorporated on March 09, 2026, to expand into the batteries and energy storage systems business. The subsidiary has an authorized capital of Rs. 10,00,000 with 1,00,000 equity shares of Rs. 10 each, with the parent company maintaining 100% shareholding through cash consideration.

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Saatvik Green Energy Limited has incorporated a wholly owned subsidiary to expand its presence in the energy storage sector. The company informed stock exchanges about the establishment of Saatvik Power Storage Solutions Limited on March 09, 2026, in compliance with regulatory disclosure requirements.

Subsidiary Details and Business Focus

Saatvik Power Storage Solutions Limited has been incorporated as a wholly owned subsidiary of Saatvik Green Energy Limited in India. The new entity will operate in the renewable energy sector, with a specific focus on batteries and energy storage systems business.

Parameter:	Details
Entity Name:	Saatvik Power Storage Solutions Limited
Date of Incorporation:	March 09, 2026
Country:	India
Industry:	Renewable Energy
Business Line:	Batteries and energy storage systems

Capital Structure and Shareholding

The subsidiary has been established with a defined capital structure, with Saatvik Green Energy Limited maintaining complete ownership and control.

Financial Details:	Specifications
Authorized Capital:	Rs. 10,00,000
Share Structure:	1,00,000 equity shares of Rs. 10 each
Shareholding by Parent:	100%
Nature of Consideration:	Cash

Regulatory Compliance

The company received confirmation of the incorporation on March 09, 2026 at 08:15 p.m. IST. Saatvik Green Energy Limited has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by informing both BSE Limited and National Stock Exchange of India Limited about the subsidiary incorporation.

The incorporation did not require any specific governmental or regulatory approvals beyond the standard incorporation process. The company has made the information available on its website at saatvikgroup.com as part of its transparency and disclosure practices.