Saatvik Green Energy Acquires 80% Stake in Melcon Transformers

Saatvik Green Energy Ltd acquired 80% equity stake in Melcon Transformers for ₹24 million cash consideration.
The acquisition diversifies Saatvik into transformer manufacturing, integrating the power value chain.
Melcon Transformers had a turnover of ₹4.17 crore in FY25 and manufactures transformers up to 33 KV class.
Deal completion expected within 30 days with significant operational and market synergies anticipated.