Waaree Energies Ltd

Merger & Restructuring

Waaree Energies Merger & Restructuring

Waaree Energies' subsidiary signed a joint venture agreement with SmartenGrand Ltd to manufacture semiconductor products. This venture will set up a fabrication unit in India.

Merger & Restructuring

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

Merger & Restructuring

Waaree Energies Merger & Restructuring Worth ₹21.78 Cr

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.

Value

₹21.78 Cr

Merger & Restructuring

Waaree Energies Merger & Restructuring Worth ₹0.01 Cr

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.

Value

₹0.01 Cr

Merger & Restructuring

Waaree Energies Merger & Restructuring

Waaree Energies' subsidiary, Waaree Clean Energy Solutions, incorporated a new wholly-owned subsidiary, WH Clean Fuels Private Limited, for green hydrogen projects.

Merger & Restructuring

Waaree Energies Merger & Restructuring

Waaree Energies' subsidiary in Australia, Waaree Renewable Energies Australia PTY Limited, has been deregistered. The entity had no turnover or net worth.