Saatvik Green Energy Limited — JV/Acquisition, 23-04-2026: Acquisition

Saatvik Green Energy Limited has acquired an 80% stake in Melcon Transformers and Electricals Private Limited for INR 24 Million (approx. 2.4 Cr). This move diversifies Saatvik into transformer manufacturing, enhancing its capabilities in the power value chain. The acquisition aims to provide greater control over key components, boost execution efficiency, and unlock significant operational and market synergies, positioning Saatvik as a more integrated energy solutions provider.