Saatvik Green Energy Limited has informed the BSE Limited and the National Stock Exchange of India Limited of an upcoming board meeting, scheduled in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal intimation, bearing reference number SGEL/SE/2026-27/12, was communicated to the exchanges on May 12, 2026, and signed by Jyoti Verma, Company Secretary and Compliance Officer.

Board Meeting Details

The key details of the scheduled board meeting are outlined below:

Trading Window Closure

In conjunction with the board meeting announcement, Saatvik Green Energy also addressed the status of its Trading Window. Referring to its earlier communication bearing reference number SGEL/SE/2025-26/72 dated March 25, 2026, the company stated that the Trading Window shall reopen after the expiry of 48 hours from the declaration of the audited financial results for the quarter and financial year ended March 31, 2026. This measure is in accordance with the company's Code of Conduct for Prevention of Insider Trading, read with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Company Background

Saatvik Green Energy Limited, formerly known as Saatvik Green Energy Private Limited, is a Saatvik Group Company. Its corporate office is located at Tower A, IFFCO Complex, Plot No. 3, Institutional Area, Sector 32, Gurugram, Haryana – 122001, while its registered office is situated at Village Dubli, V.P.O. Bihta, Tehsil Ambala, Haryana – 133101, India. The company's CIN is L40106HR2015PLC075578. Further details are available on the company's website at www.saatvikgroup.com .

Saatvik Green Energy Limited has strengthened its leadership team with strategic appointments to key managerial positions. The Board of Directors, following recommendations from the Nomination and Remuneration Committee, approved significant changes to the company's senior management structure during its meeting on April 23, 2026.

Key Leadership Appointments

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company announced two critical appointments effective April 23, 2026:

Both positions are designated as Key Managerial Personnel roles within the organization. Mr. Mehtta's appointment as Interim CFO was specifically recommended by the Audit Committee.

Professional Backgrounds

Ms. Jyoti Verma is a Fellow Member of the Institute of Company Secretaries of India and Law Graduate with over 20 years of extensive experience in corporate laws, regulatory compliance, and corporate governance. She has worked primarily with large listed and group entities across manufacturing, FMCG, hospitality, logistics, and agro chemicals sectors.

Her expertise encompasses:

• SEBI Listing Regulations and Companies Act, 2013
• SEBI Regulations including Takeover Code, Buy-back, ESOP, ICDR, and Insider Trading
• FEMA-RBI frameworks
• Corporate structuring, mergers, demergers, acquisitions, and joint ventures
• CSR, ESG and BRSR reporting

Most recently, she served as Head – Legal, Company Secretary & Compliance Officer at EPACK Durable Limited, a listed entity with turnover exceeding ₹2,100 crore. Her previous leadership roles include positions with Lemon Tree Hotels Limited, KRBL Limited, Dhanuka Agritech Limited, BC Jindal Group, and Cosmo Group.

Mr. Rishabh Mehtta is a qualified Chartered Accountant with over ten years of professional experience and holds a CFA Charter. He has worked with the renowned Chartered Accountants firm, C. B. Chhajed & Co., where he independently handled statutory audits and tax audits of various listed entities, private companies, banks, and insurance companies. His expertise includes income tax matters, corporate affairs, and Virtual Chief Financial Officer services. He was also associated with the IPO listing team of Tara Jewels Ltd.

Organizational Changes

The Board also approved the transfer of Mr. Vaibhav Bhardwaj, Chief Operating Officer and Senior Management Personnel, to Saatvik Solar Industries Private Limited, a wholly owned subsidiary of the company. This change in role and responsibilities will result in Mr. Bhardwaj ceasing to be designated as Senior Management Personnel of Saatvik Green Energy Limited effective from the close of business hours on April 30, 2026.

Regulatory Compliance

The appointments were made in consonance with the recommendations of the Nomination and Remuneration Committee and comply with SEBI Master Circular requirements. The Board Meeting commenced at 02:30 p.m. and concluded at 05:00 p.m. on April 23, 2026. All relevant details have been disclosed to BSE Limited and National Stock Exchange of India Limited as required under the listing regulations.