Latest news with #Saatvik
Business Standard
02-07-2025
- Business
- Business Standard
Saatvik Green Energy Limited (SGEL) Appoints Bollywood superstar Kartik Aaryan as its official Brand Ambassador
VMPL New Delhi [India], July 2: Saatvik Green Energy Limited ("SGEL"), proudly announces the appointment of Bollywood superstar Kartik Aaryan as its official brand ambassador. More than a Collaboration--A Shared Purpose The journey began with an impromptu conversation between SGEL's Chairman and Managing Director, Neelesh Garg; Managing Director, Manik Garg; and Chief Executive Officer Prashant Mathur. What started as a casual discussion about resonance and representation, quickly evolved into a purposeful decision. Kartik Aaryan, known for his grounded persona, relatable storytelling, and aspirational yet rooted appeal, emerged as a perfect reflection of what Saatvik stands for. Neelesh Garg, Chairman and Managing Director, SGEL said: "We saw that same integrity, hard work, and humility in Kartik's journey--from Gwalior to global stardom. That's when we knew--it wasn't a pitch, it was a purpose." Manik Garg, Managing Director, Saatvik Green Energy Limited, said, "As we step into a new decade of our journey, Kartik Aaryan becomes not just the face of the brand, but the voice of this belief. With Kartik, we aim to inspire people to choose a cleaner, better, more self-reliant tomorrow." Kartik Aaryan said: "I'm excited to be part of the Saatvik brand. As someone who believes in responsible choices, whether in life or work, this association feels natural. Clean energy is not just a necessity--it's a shared responsibility. I've always believed in backing missions rooted in integrity and I'm looking forward to this wonderful collaboration." "Kartik represents the new India--ambitious yet authentic. He's not just a youth icon--he's a believer. In ethics, in effort, in empathy," added Prashant Mathur, CEO, SGEL. About Saatvik Green Energy Limited SGEL is one of India's leading module manufacturers, in terms of operational solar PV module manufacturing capacity, with an operational capacity of approximately 3.80 GW modules as of February 28, 2025. The SGEL offers Mono PERC and N-TopCon modules, EPC services, and O & M capabilities. Disclaimer: SAATVIK GREEN ENERGY LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, an initial public offering of its Equity Shares and has filed the DRHP with SEBI and Stock Exchanges on March 13, 2025. The DRHP is available on the websites of SEBI, BSE and NSE at and respectively, and on the websites of the Book Running Lead Managers i.e. DAM Capital Advisors Limited at Ambit Private Limited at and Motilal Oswal Investment Advisors Limited at respectively and also at the website of the Company at investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see "Risk Factors" on page 54 of the DRHP. Potential investors should not rely on the DRHP for making any investment decisions. The Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act"), or any state securities laws in the United States, and unless so registered may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, such Equity Shares are being offered and sold (i) outside of the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur; and (ii) within the United States to "qualified institutional buyers" (as defined in Rule 144A under the U.S. Securities Act), pursuant to the private placement exemption set out in Section 4(a) of the U.S. Securities Act.
The Wire
02-07-2025
- Business
- The Wire
Saatvik Green Energy Limited (SGEL) Appoints Bollywood superstar Kartik Aaryan as its official Brand Ambassador
National, July 2, 2025: Saatvik Green Energy Limited ('SGEL'), proudly announces the appointment of Bollywood superstar Kartik Aaryan as its official brand ambassador. More than a Collaboration—A Shared Purpose The journey began with an impromptu conversation between SGEL's Chairman and Managing Director, Neelesh Garg; Managing Director, Manik Garg; and Chief Executive Officer Prashant Mathur. What started as a casual discussion about resonance and representation, quickly evolved into a purposeful decision. Kartik Aaryan, known for his grounded persona, relatable storytelling, and aspirational yet rooted appeal, emerged as a perfect reflection of what Saatvik stands for. Neelesh Garg, Chairman and Managing Director, SGEL said: 'We saw that same integrity, hard work, and humility in Kartik's journey—from Gwalior to global stardom. That's when we knew—it wasn't a pitch, it was a purpose.' Manik Garg, Managing Director, Saatvik Green Energy Limited, said, 'As we step into a new decade of our journey, Kartik Aaryan becomes not just the face of the brand, but the voice of this belief. With Kartik, we aim to inspire people to choose a cleaner, better, more self-reliant tomorrow.' Kartik Aaryan said: 'I'm excited to be part of the Saatvik brand. As someone who believes in responsible choices, whether in life or work, this association feels natural. Clean energy is not just a necessity—it's a shared responsibility. I've always believed in backing missions rooted in integrity and I'm looking forward to this wonderful collaboration.' 'Kartik represents the new India—ambitious yet authentic. He's not just a youth icon—he's a believer. In ethics, in effort, in empathy,' added Prashant Mathur, CEO, SGEL. About Saatvik Green Energy Limited SGEL is one of India's leading module manufacturers, in terms of operational solar PV module manufacturing capacity, with an operational capacity of approximately 3.80 GW modules as of February 28, 2025. The SGEL offers Mono PERC and N-TopCon modules, EPC services, and O&M capabilities. Disclaimer: SAATVIK GREEN ENERGY LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, an initial public offering of its Equity Shares and has filed the DRHP with SEBI and Stock Exchanges on March 13, 2025. The DRHP is available on the websites of SEBI, BSE and NSE at and respectively, and on the websites of the Book Running Lead Managers i.e. DAM Capital Advisors Limited at Ambit Private Limited at and Motilal Oswal Investment Advisors Limited at respectively and also at the website of the Company at https: investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see 'Risk Factors' on page 54 of the DRHP. Potential investors should not rely on the DRHP for making any investment decisions. The Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended ('U.S. Securities Act'), or any state securities laws in the United States, and unless so registered may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, such Equity Shares are being offered and sold (i) outside of the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur; and (ii) within the United States to 'qualified institutional buyers' (as defined in Rule 144A under the U.S. Securities Act), pursuant to the private placement exemption set out in Section 4(a) of the U.S. Securities Act. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.).
Business Standard
30-06-2025
- Business
- Business Standard
Saatvik Green Energy Wins 'Brand of the Year'; CEO Prashant Mathur Named 'CEO of the Year' at Outlook Business Leadership Awards 2025
VMPL Bengaluru (Karnataka) [India], June 30: Saatvik Green Energy Limited (SGEL) has been honoured as 'Brand of the Year', while its Chief Executive Officer (CEO), Mr. Prashant Mathur, has been recognised as 'CEO of the Year' at the Outlook Business Spotlight Enterprise & Leadership Awards 2025, held at the Taj MG Road, Bengaluru. These prestigious awards acknowledge enterprise excellence and strategic leadership in India's evolving business landscape. The Outlook Business Spotlight platform celebrates organizations that demonstrate innovation, resilience, and operational discipline, and honours leaders whose strategic clarity and people-first approach have inspired impact and integrity in execution. The 'Brand of the Year' recognition highlights Saatvik Green Energy Limited's positioning as a trusted Indian brand in the clean energy space. The 'CEO of the Year' honour conferred upon Mr. Mathur reflects his stewardship in shaping a focused, purpose-driven culture anchored in sound governance and performance. Commenting on the recognition, Mr. Prashant Mathur, CEO, SGEL said: "I'm truly humbled to receive the 'CEO of the Year' recognition, and equally proud that Saatvik Green Energy Limited has been named 'Brand of the Year' by Outlook Business. These awards are a reflection of the collective commitment of our teams across India, who have worked with integrity, focus, and resilience to build Saatvik into a trusted name in the clean energy sector. We see this not as a destination, but as a reminder of what disciplined execution and shared values can achieve together. Thank you for this honour." This recognition comes at a defining moment for Saatvik Green Energy Limited (SGEL), as the company recently earned the Great Place to Work® Certification, and the 'ET Now Best Organisations to Work' award as well, a reflection of its people-first culture and transparent work environment. Additionally, the year 2025 marks the successful completion of 10 years of operational excellence for Saatvik--a decade shaped by a strong foundation of trust, integrity, and commitment to clean energy innovation across India and global markets. About Saatvik Green Energy Limited SGEL is one of India's leading module manufacturers, in terms of operational solar PV module manufacturing capacity, with an operational capacity of approximately 3.80 GW modules as of February 28, 2025. The SGEL offers Mono PERC and N-TopCon modules, EPC services, and O & M capabilities. Disclaimer: SAATVIK GREEN ENERGY LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, an initial public offering of its Equity Shares and has filed the DRHP with SEBI and Stock Exchanges on March 13, 2025. The DRHP is available on the websites of SEBI, BSE and NSE at and respectively, and on the websites of the Book Running Lead Managers i.e. DAM Capital Advisors Limited at Ambit Private Limited at and Motilal Oswal Investment Advisors Limited at respectively and also at the website of the Company at investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see "Risk Factors" on page 54 of the DRHP. Potential investors should not rely on the DRHP for making any investment decisions. The Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act"), or any state securities laws in the United States, and unless so registered may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, such Equity Shares are being offered and sold (i) outside of the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur; and (ii) within the United States to "qualified institutional buyers" (as defined in Rule 144A under the U.S. Securities Act), pursuant to the private placement exemption set out in Section 4(a) of the U.S. Securities Act.
Business Standard
28-04-2025
- Business
- Business Standard
Saatvik Green Energy Limited showcases Advanced Solar Manufacturing Solutions at RenewX 2025 in Chennai
VMPL New Delhi [India], April 28: Saatvik Green Energy Limited (SGEL), one of India's fastest growing module manufacturing companies, participated in RenewX 2025 from April 23-25 at the Chennai Trade Centre, Nandambakkam. The Company is one of the fastest growing module manufacturing companies in India and has established itself as one of the key players in India's solar energy market. The Company offers modules based on polycrystalline cell technology, monocrystalline cell technology, bifacial technology, M12 technology and advanced Tunnel Oxide Passivated Contact ("TopCon") technology which helps reduce energy loss and enhances overall efficiency. At RenewX, Saatvik showcased its N-TopCon and N- TopCon G12R solar modules, available in monofacial and bifacial options, suited for residential, commercial, and utility-scale projects. The company also highlighted its turnkey EPC capabilities, which include engineering, procurement, construction, and operations & maintenance services for ground-mounted and rooftop solar installations. Saatvik Solar is one of India's leading module manufacturers, in terms of operational solar PV module manufacturing capacity, with an operational capacity of approximately 3.8 GW modules as of February 28, 2025. The Company currently operates three module manufacturing facilities in Ambala, Haryana spread across a total land area of 724,225 square feet, which together form one of the largest single location module manufacturing facilities in India. Speaking on the company's participation, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited, said, "RenewX offered a vital platform to engage with the fast-growing South Indian solar market. As Tamil Nadu continues to lead in renewable energy adoption, Saatvik was excited to showcase its solar modules and EPC strength." The Company has one of the most diversified client bases in the industry with presence in various segments (large utility, commercial and industrial, Open access, residential rooftop, solar pump) and across geographies (selling in all parts of India, North America, Africa and South Asia). Saatvik's Participation Highlights: * Presented N-TopCon modules for diverse applications. * Displaying Saatvik's expertise in executing EPC projects * Engaged with EPC players, industrial buyers, and developers across Tamil Nadu, Andhra Pradesh, Karnataka, and Kerala, and Telangana. The Company is one of the early adopters of new technology like N-type Topcon and Mono PERC in India. The Company recently launched G12R based Topcon modules and has started commercial production from January 2024. The Company is one of the first movers in the industry. The Company also offers end-to-end solutions through its Engineering, Procurement, and Construction (EPC) arm. The Company is one of the leading EPC companies in India with 69.12 MW of installed EPC base in Fiscal 2024. The Company is one of the few integrated players with capabilities in O & M, EPC, module manufacturing and is now planning to set up a cell manufacturing facility and solar pump manufacturing facility. The Company is one of the largest module manufacturers in North India, which is a lucrative market having high solar incidence area and proximity to states like Rajasthan and Madhya Pradesh. The Company had one of the highest capacity utilisation in Fiscal 2024 (more than 80%) whereas the normal industry utilization was around 60%. The Company commissioned a 61.42 MW floating solar power project at Ramagundam, Telangana in Fiscal 2023, which was one of India's largest floating solar power plants. The Company also commissioned a 12 MW installation for the Jindal Group under its EPC wing in Fiscal 2024, which was one of the largest single rooftop solar projects. About Saatvik Green Energy Limited Headquartered in Gurugram, Saatvik is one of India's leading module manufacturers, in terms of operational solar PV module manufacturing capacity, with an operational capacity of approximately 3.8 GW modules as of February 28, 2025. The company offers Mono PERC and N-TopCon modules, robust EPC services, and O & M capabilities. Its products cater to residential, commercial, industrial, and utility-scale segments with a focus on sustainability, reliability, and performance. Saatvik Green Energy Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offering of its equity shares and has filed a draft red herring prospectus dated March 13, 2025 ("DRHP") with the Securities and Exchange Board of India ("SEBI"). The DRHP is available on the website of SEBI at the Company at and the websites of the Book Running Lead Managers - DAM Capital Advisors Limited, Ambit Private Limited and Motilal Oswal Investment Advisors Limited at and respectively and the websites of BSE Limited and National Stock Exchange of India Limited at and respectively. Investors should note that investment in equity shares involves a high degree of risk and for details refer to the Red Herring Prospectus, including the section titled "Risk Factors" of the Red Herring Prospectus, when available. Potential investors should not rely on the DRHP for any investment decision. Media Contact Vineet Kumar Dhiman, Saatvik Solar | +91-9650043472 Ishank Garg, Adfactors PR | +91-9711035025 Supreet Ahuja, Adfactors PR | +91-9999202252 (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
