Sahaj Solar Ltd

About Sahaj Solar Share Price

Sahaj Solar Limited was incorporated in 2010 and is highly renowned in the field of renewable energy, more so in solar energy. Sahaj Solar Limited is headquartered in Ahmedabad, Gujarat, dealing in integrated solar energy solutions. Sahaj Solar is a leading player in the evolving Renewable Energy landscape of India, with a reputation for its advanced solar technologies backed by a commitment to sustainability. Investors can monitor the Sahaj Solar share price today on NSE as well as on BSE. These platforms show real updates and minute details about the stock performance of the company.

History of Sahaj Solar Limited

Sahaj Solar Limited was established in 2010 and is a strong force in the renewable energy segment of India. The company gained recognition over the years with its innovative approach to manufacturing PV modules and end-to-end solar services. Based out of Ahmedabad, Gujarat, Sahaj Solar has grown over the past couple of years in terms of capacity utilization and market presence, establishing itself as a vital cog in India's wheels of renewable energy production.

Business Segments of Sahaj Solar Limited

The business model of Sahaj Solar is broad-based, comprising a couple of key segments related to the renewable energy industry:

• Manufacturing PV Module: Ahmedabad-based manufacturing unit is the focal point of the firm. Sahaj Solar manufactures top-of-the-line PV modules, including the most advanced mono PERC modules, which are so crucially important for the capture and conversion of sunlight effectively. This business addresses both domestic and overseas markets that form a part of the fast-growing ambition of the company in the global scenario.
• Sahaj Power Pumping System: Sahaj Solar provides solar water pumping systems in complete sets all over India. The system includes design, supply, installation, testing, commissioning, and maintenance of the solar water pumping systems. The company provides for varied requirements starting from small domestic setups to large-scale solar power plants.
• EPC Services: The company provides EPC services, including engineering, procurement, and construction for solar projects. This includes end-to-end project management from development to completion and involves all installation and maintenance aspects of solar energy systems.

Subsidiaries of Sahaj Solar Limited

Sahaj Solar operates through several subsidiaries, which give it an extended capability and market coverage:

• Veracity Energy and Infrastructure Private Limited (VEIPL): It holds 80% equity in VEIPL which is involved in the assembly and manufacturing of solar module mounting structures. Incorporated on December 20, 2012, VEIPL is based in Ahmedabad and provides Sahaj Solar with the infrastructure components necessary for the manufacturing of its modules.
• Veracity Powertronics Private Limited: It also has an 80% equity stake, wherein VPPL is in the business of assembly and trading of solar water pumps, motors, and controllers. It was incorporated on January 1, 2013, and its registered office is in Ahmedabad. VPPL supplements the product offerings in the solar water pumping segment of Sahaj Solar for timely supplies of important components.
• SPG EPL: This is its 51% stake in the proposed SPGEPL to explore opportunities in hydropower and other power plant projects. Incorporated on April 29, 2023, SPG EPL forms part of Sahaj Solar's strategic diversification into other renewable energy sources, expanding its energy portfolio.

Key Personnel of Sahaj Solar Limited

• Mr. Pramit Bharatkumar Brahmbhatt serves as the Promoter & Managing Director.
• Mr. Kanaksinh Agarsinh Gohil is the Executive Director.
• Mr. Dilip Balshanker Joshi holds the position of Independent Director.
• Mr. Amita Jatin Parikh is an Independent Director.
• Mr. Sureshchandra Naharsinh Rao acts as the Non-Executive Director.