Waaree Energies Merger & Restructuring Worth ₹27.75 Cr
Waaree Energies' subsidiary SHEPL signed an agreement with UltraTech Cement for 26% stake subscription and energy supply, valued at ₹27.76 Crore.
- Value
- ₹27.75 Cr
- Execution
- Within 180 days
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Waaree Energies' subsidiary SHEPL signed an agreement with UltraTech Cement for 26% stake subscription and energy supply, valued at ₹27.76 Crore.
C.T. Doshi Family Trust, part of Waaree Energies' promoter group, acquired shares of WSFPL via an off-market gift, constituting an indirect transfer of stake.
Waaree Energies' subsidiary acquired a 24.21% stake in Eppeltone Engineers Limited for approximately ₹21.78 Crore. This move strengthens Waaree's presence in the smart metering value chain.
Waaree reported Q1 FY27 revenue of INR 7,932 Cr (up 79.2% YoY) and PAT of INR 892 Cr (up 15.4% YoY). Focus remains on vertical integration and capacity expansion.
Waaree Energies Limited's subsidiary incorporated a new entity, WH Clean Fuels Private Limited, for its green hydrogen and ammonia business. The entity has authorised capital of ₹0.01 Crore.
Waaree Energies' subsidiary, Waaree Clean Energy Solutions, incorporated a new wholly-owned subsidiary, WH Clean Fuels Private Limited, for green hydrogen projects.
Waaree Energies Ltd secured an order for 739.71 MW solar modules from a renewable energy solutions provider. Supplies are scheduled for FY26-27 and FY27-28.
Waaree Energies reported Q1FY27 revenue of ₹7,932 Cr (+79% YoY) and PAT of ₹892 Cr (+15% YoY). Strategy focuses on deep vertical integration across the solar value chain.
Waaree Energies reported a code of conduct violation by an employee involving the invocation of 149 pledged shares worth ₹0.04 Crore. The company issued a warning.
Waaree Energies Limited has commissioned 118.8 MW of solar power capacity at the Neemuch Solar Park, Madhya Pradesh, marking a key operational milestone.
Waaree Energies reported Q1 FY27 revenue of ₹7,931.79 Crore, up 79.22% YoY. Quarterly PAT grew 15.39% YoY to ₹891.87 Crore, alongside a ₹61,500 Crore order book.
Waaree Energies Ltd reported revenue from operations of ₹7,932 Cr (+79.2% YoY) and net profit of ₹891.9 Cr (+15.4% YoY) for Q1 FY27.
Waaree Energies Limited has scheduled a board meeting on July 29, 2026, to consider and approve its unaudited financial results for the quarter ending June 30, 2026.
Waaree Energies received an international order to supply 125 MW of solar modules. The contract is with a US-based utility-scale renewable power project owner.
Waaree Energies' subsidiary secured an order to supply 125 MW of high-efficiency HJT solar modules to an international customer. Execution is planned for FY 2026-27.
C.T. Doshi Family Trust (Promoter Group) acquired 12.7 crore shares of Waaree Energies Limited via an off-market gift transaction from Mr. Chimanlal Tribhuvandas Doshi.
Chimanlal Tribhuvandas Doshi gifted 12,69,82,903 equity shares (44.14% stake) of Waaree Energies Limited to the C.T. Doshi Family Trust.
Waaree Energies secured a 212 MW solar module supply order from an international customer. This increases the total project capacity to 562 MW for FY 2026-27.
Waaree Energies' subsidiary commenced operations at its 5.15 GWh BESS container manufacturing facility. This marks the first milestone in the company's 20 GWh roadmap.
The trust bought 12.69 crore shares directly and 5.27 crore shares indirectly, all as a gift without payment. Post‑transaction its holding rises to 62.49% of Waaree Energies.
Waaree Energies' subsidiary won a 236.22 MW solar module supply order, valued at approximately ₹1,181.1 Crore. Execution is scheduled for the first half of FY2027-28.
Waaree Energies clarified U.S. Customs reports, stating no adverse inference was drawn. The company continues normal U.S. operations without impact.
Waaree Energies' subsidiary in Australia, Waaree Renewable Energies Australia PTY Limited, has been deregistered. The entity had no turnover or net worth.
Shareholders approved all three resolutions via postal ballot, including the appointment of a new director and CEO. A special resolution was also passed to raise up to ₹10,000 crores via QIP.
Waaree Energies Ltd received an order to supply 800 MW of solar modules from a leading energy solutions provider. The contract bolsters its FY‑2026‑27 pipeline and revenue prospects.
Promoter Mr. Chimanlal Tribhuvandas Doshi transferred 200,000 equity shares to charitable foundations. This donation fulfills a prior commitment to contribute 1% of equity for social causes.
Waaree Energies Limited filed its Annual Secretarial Compliance Report for FY2026. The report by Makarand M. Joshi & Co. confirms overall regulatory compliance with no material observations.
Waaree Energies Limited allotted 3,57,706 equity shares under its ESOP scheme. This issuance increases the company's total paid-up share capital to 287,640,905 shares.
Waaree Energies Ltd initiated a postal ballot for director appointments and a ₹10,000 Crore capital raise. E-voting concludes on June 13, 2026.