Saatvik Green Energy Limited is acquiring an 80% stake in Melcon Transformers and Electrical Private Limited for ₹2.40 Crore. This strategic acquisition enables diversification into transformer manufacturing, establishing a presence in the power value chain. The transaction is expected to conclude within 30 days, unlocking operational synergies and enhancing supply chain control.
Saatvik Green Energy Limited is acquiring an 80% stake in Jaipur-based Melcon Transformers and Electricals Private Limited for ₹2.4 Crore. The acquisition, expected to complete within 30 days, enables Saatvik to diversify into transformer manufacturing and integrate its power value chain. Melcon reported a FY2025 turnover of ₹4.17 Crore.