Waaree energies Limited has announced a significant charitable initiative through its promoter group, with Mr. Chimanlal Tribhovandas Doshi transferring equity shares to an educational institution. The move reflects the company's commitment to social responsibility and educational development.

Share Transfer Details

The transfer involves a substantial donation to support educational causes in the community. Mr. Chimanlal Tribhovandas Doshi, a member of the promoter group, has transferred shares to Shri Mahavira Jaina Vidyalaya (SMJV) specifically for educational purposes.

Background and Commitment

This transfer follows an earlier announcement made by the company in October 2025, when the promoter family expressed their intent to donate 1% of the equity share capital for charitable purposes. The current donation represents a concrete step toward fulfilling this commitment, demonstrating the promoter group's dedication to supporting societal causes.

Regulatory Compliance

The company has fulfilled all necessary regulatory requirements for this transaction. Waaree Energies has informed both the Bombay Stock Exchange and National Stock Exchange of India Limited about this share transfer, ensuring full transparency and compliance with listing regulations. The information has also been made available on the company's official website at www.waaree.com .

Corporate Social Responsibility

This charitable donation underscores the promoter group's commitment to contributing to society through educational support. By transferring shares to an educational institution, the company is reinforcing its dedication to social responsibility and community development initiatives.

Waaree Energies Limited has officially announced its partnership with Rajasthan Royals as the Main Principal Partner for the upcoming season through a regulatory disclosure under Regulation 30 of SEBI regulations. The partnership positions the renewable energy company prominently on the team's official matchday jersey and training kits throughout the season.

Official Regulatory Disclosure

The company filed the announcement on March 18, 2026, with both BSE Limited and National Stock Exchange of India Limited, fulfilling its disclosure obligations under SEBI listing requirements. The revised press release titled "Waaree Energies powers up as the main Principal Partner for Rajasthan Royals" was submitted by Company Secretary Rajesh Ghanshyam Gaur.

Strategic Partnership and Brand Visibility

As part of the association, Waaree Energies logo will prominently feature on the front of Rajasthan Royals' official matchday jersey and training kits for the season. The partnership brings together two brands aligned in their commitment to innovation and sustainability, with a shared vision to inspire positive change through sport.

Leadership Perspectives

Hitesh Doshi, CMD of Waaree, emphasized the cultural significance of cricket in India, stating that the partnership enables the company to take the message of clean energy from industry corridors to the hearts of people across the country. He highlighted that as India advances towards global leadership in clean energy, this movement must extend beyond businesses to become a people's movement.

Alok Chitre, COO of Rajasthan Royals, welcomed Waaree Energies as their Main Principal Partner, noting that the partnership reflects their philosophy of transforming society through cricket and cricket through innovation. He emphasized that Waaree's leadership in driving the global energy transition aligns seamlessly with their commitment to building a forward-looking, purpose-led franchise.

Company Profile and Market Presence

Established in 1990, Waaree Energies operates advanced manufacturing facilities with a total solar PV module capacity of approximately 22.30 GW worldwide and a solar cell capacity of up to 5.40 GW. The company maintains a strong presence across domestic and over 25 international markets, offering a comprehensive portfolio spanning solar panels, inverters manufacturing, EPC services, green hydrogen solutions, and battery energy storage systems.

This partnership accelerates Waaree's efforts to translate its global expertise in solar modules and sustainable energy into tangible grassroots impact, aligning with Rajasthan Royals' mission to transform society through cricket and cricket through innovation.