Saatvik Green Energy share price jumps after acquiring 80% stake in Melcon TransformersSaatvik Green Energy share price jumps after acquiring 80% stake in Melcon Transformers

Introduction

Leading energy company acquires 80 percent stake in transformer manufacturer through INR 24 million cash deal to expand power sector manufacturing and operations capabilities.

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Share price movement of Saatvik Green Energy

On April 24, 2026, Saatvik Green Energy Ltd opened at ₹471.95, up 1.01% from its previous close of ₹467.25. The stock reached a high of ₹483.30 (3.44%) and a low of ₹456.50. By 12:25 PM, it traded at ₹459.50, a 1.66% decline, with a market cap of ₹5,840.47 crore.

Saatvik Acquires Melcon Stake

Saatvik Green Energy Limited signed a Share Purchase Agreement on April 23, 2026 to acquire 8,000 equity shares of Melcon Transformers and Electricals Private Limited, representing 80 percent stake deal.

Melcon Transformers and Electricals Private Limited operates in transformer manufacturing with subscribed capital of INR 1,00,000 and turnover of INR 4,17,25,820 as per disclosed financial details information provided by company.

Consideration for the acquisition is INR 24 million in cash. The transaction will complete within 30 days and does not require governmental or regulatory approvals as stated by company filing.

Stock performance of Saatvik Green Energy for period of 1 week, 1 month, and 6 months

Saatvik Green Energy Ltd delivered a 1-week return of -0.94 percent, 1-month return of 23.4 percent, and 6-month return of -7.99 percent.

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Shareholding pattern of Saatvik Green Energy

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	76.00%	76.00%	76.00%
FII	0.00%	0.30%	0.50%
DII	10.50%	9.40%	8.10%
Public	14%	14%	15.50%

About Saatvik Green Energy

Saatvik Green Energy Ltd (SAATVIKGL) manufactures solar modules and provides EPC services. Incorporated in 2015, it operates in renewable energy sector with manufacturing capabilities.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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