Gurgaon | June 23, 2025 : Saatvik Green Energy Limited is
proud to announce that Mr. Abani Kant Jha, Group Chief Financial Officer, has
been conferred the prestigious 'Best CFO in Manufacturing' title at the 8th
Edition of BW Businessworld Best CFO & Finance Strategy Excellence Awards
2025, held at Jio World Convention Centre, Mumbai.
This honour, awarded by BW CFO World, recognizes exceptional financial
leadership and strategic foresight in the manufacturing sector. The event saw
participation from some of India’s most distinguished financial leaders and
strategists. The winners were selected by an eminent jury panel comprising some
of India’s most respected names in business, finance, and governance.
The panel included Sethurathnam Ravi, Founder of Ravi Rajan & Co
LLP, Chairman of TFCIL. and Former Chairman of BSE; Keki Mistry, Vice Chairman
and CEO of HDFC Limited; Bhaskar Bodapati, CEO of GMR Group; and Parthasarathy
V S, Independent Director at Cloudnine Group of Hospitals. Other distinguished
members included Kewal Handa, Promoter Director at Salus Lifecare Pvt. Ltd.;
Robin Banerjee, Chairman of Nucleon Research; Neetu Kashiramka, Managing
Director of VIP Industries Limited; Vinod Gupta, Managing Director of VG
Learning Destination India, and Ashok Kumar Garg, Former Executive Director at
Bank of Baroda, among others. Their collective expertise and leadership ensured
a credible and rigorous selection process.
Reflecting on this honour, Abani Jha said, “I am deeply honored to
receive this recognition from BW Businessworld and the esteemed jury. This
award reflects the collective effort of our finance and strategy teams at
Saatvik Green Energy Limited. At Saatvik, we have remained committed to robust
governance, disciplined financial operations, and value-driven execution as we
continue to strengthen our presence in the renewable energy sector. I view this
recognition as a reaffirmation of our team’s integrity, resilience, and
data-led approach in navigating today’s evolving energy landscape.”
Jha’s recognition is a testament to his strategic acumen and financial
stewardship, demonstrated through efficient fiscal management and contribution
to Saatvik Green Energy Limited’s growth trajectory in the renewable energy
sector.
About Saatvik Green Energy Limited
Headquartered in Gurugram, 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 www.sebi.gov.in,
www.bseindia.com and www.nseindia.com, respectively, and on the websites of the
Book Running Lead Managers i.e. DAM Capital Advisors Limited at
www.damcapital.in, Ambit Private Limited at www.ambit.co and Motilal Oswal
Investment Advisors Limited at www.motilaloswalgroup.com, respectively and also
at the website of the Company at https://saatvikgroup.com/Potential 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.