Saatvik Green Energy Starts 2 GW Film Manufacturing Facility

1 min read     Updated on 23 Dec 2025, 10:51 AM
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Reviewed by
Suketu GScanX News Team
Overview

Saatvik Green Energy Limited has commenced operations at its new 2 GW film manufacturing facility. This strategic expansion aims to enhance the company's manufacturing capabilities in the renewable energy sector, supporting vertical integration and aligning with the Make In India initiative. The facility is expected to improve supply chain independence, quality control, and operational efficiency.

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Saatvik Green Energy Limited has announced the commencement of operations at its new 2 GW film manufacturing facility, representing a major step forward in the company's strategic expansion plans. This development aims to strengthen the company's manufacturing capabilities in the renewable energy sector while supporting domestic production initiatives.

Strategic Manufacturing Expansion

The launch of the 2 GW film manufacturing facility marks a significant milestone for Saatvik Green Energy Limited. The facility is designed to enhance the company's production capacity and manufacturing capabilities in the renewable energy space.

Parameter Details
Facility Capacity 2 GW
Product Type Film Manufacturing
Strategic Focus Vertical Integration
Initiative Support Make In India

Potential Vertical Integration Benefits

The new manufacturing facility is expected to provide several strategic advantages for Saatvik Green Energy Limited:

  • Enhanced vertical integration across the production value chain
  • Improved supply chain independence and reduced external dependencies
  • Greater control over manufacturing processes and quality standards
  • Strengthened operational efficiency and cost management

Supporting Make In India Initiative

The facility launch demonstrates Saatvik Green Energy Limited's commitment to supporting the government's Make In India initiative. By establishing domestic manufacturing capabilities, the company aims to contribute to the broader goal of reducing import dependencies and strengthening India's renewable energy manufacturing ecosystem.

This development reflects the company's strategic focus on building comprehensive manufacturing capabilities while aligning with national policy objectives for domestic production and self-reliance in the renewable energy sector.

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Saatvik Green Energy Limited Announces Resignation of Company Secretary and Compliance Officer

1 min read     Updated on 22 Dec 2025, 07:09 PM
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Reviewed by
Naman SScanX News Team
Overview

Saatvik Green Energy Limited announced the resignation of Company Secretary and Compliance Officer Mr. Bhagya Hasija, effective February 6, 2026. The resignation, tendered on December 22, 2025, was attributed to his desire to explore professional opportunities outside the Saatvik Group. The company has complied with SEBI disclosure requirements by informing stock exchanges and making the information publicly available.

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*this image is generated using AI for illustrative purposes only.

Saatvik Green Energy Limited has formally announced the resignation of its Company Secretary and Compliance Officer, marking a significant change in the company's key managerial personnel. The announcement was made to stock exchanges on December 22, 2025, in compliance with regulatory requirements.

Resignation Details

Mr. Bhagya Hasija has tendered his resignation from the position of Company Secretary and Compliance Officer, a key managerial personnel role at Saatvik Green Energy Limited. The resignation was submitted through a formal letter dated December 22, 2025.

Parameter: Details
Position: Company Secretary & Compliance Officer
Resignation Date: December 22, 2025
Relieving Date: February 6, 2026 (close of business hours)
Reason: Professional opportunities outside Saatvik Group

Professional Transition

In his resignation letter addressed to the Board of Directors, Mr. Hasija stated his intention to explore professional opportunities outside the Saatvik Group that are aligned with his long-term professional objectives. He expressed gratitude to the Board of Directors for their trust and confidence during his tenure with the company.

Mr. Hasija acknowledged the valuable knowledge and experience gained while working with the company, particularly in managing diverse and challenging situations over the past year. He described these experiences as invaluable to his professional growth and extended his best wishes to colleagues and the company for continued success.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed under scrip code 544526 and symbol SAATVIKGL respectively.

Saatvik Green Energy Limited has also made the information available on its official website at https://saatvikgroup.com as part of its transparency commitments. The company will ensure submission of requisite intimations to stock exchanges and filing of necessary e-forms with the Registrar of Companies as required by regulations.

Company Background

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, while its registered office is located at Village Dubli, V.P.O. Bihta, Tehsil Ambala, Haryana.

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