Saatvik Green Energy has received SEBI approval for its ₹1,150 crore IPO, comprising ₹850 crore fresh issue and ₹300 crore OFS. Of the proceeds, ₹553 crore will fund a new solar facility in Odisha, ₹96 crore will repay subsidiary debt, and ₹12.3 crore will clear other obligations. The remaining funds support general purposes.
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