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:aatvikgroup.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.

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