Waaree Sustainable Finance Private Limited, a promoter of Waaree Energies , confirmed that it along with persons acting in concert did not create any encumbrances on the shares held by them during the financial year ended March 31, 2026. This declaration ensures that the shares held by the promoter group remain free from charges such as pledges or liens, which is critical for maintaining the ownership structure and compliance with securities regulations. The confirmation was submitted to the stock exchanges to fulfill regulatory obligations regarding shareholding disclosures.

The disclosure was made in accordance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was addressed to the Listing Departments of BSE Limited and National Stock Exchange of India Limited on April 09, 2026. The declaration was signed by Rushabh Pankaj Doshi, Director of Waaree Sustainable Finance Private Limited, on behalf of the individuals and entities listed in the annexure.

The declaration covers the promoter and promoter group entities of Waaree Energies. The list includes Chimanlal Tribhuvandas Doshi as the individual promoter and Waaree Sustainable Finance Private Limited as the corporate promoter. The promoter group comprises several individuals and Waaree ESS Private Limited.

Promoter and Promoter Group

Waaree Energies Ltd announced that its wholly owned subsidiary, Waaree Renewable Energies Australia PTY Limited, was deregistered by the Australian Securities & Investments Commission (ASIC) on June 10, 2026. The company received confirmation of the deregistration via email on June 24, 2026. Consequently, the Australian entity has ceased to be a wholly owned subsidiary of Waaree Energies Ltd effective June 10, 2026.

The disclosure was made to the stock exchanges in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also referenced SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Subsidiary Details and Financial Impact

According to the details provided in the filing, Waaree Renewable Energies Australia PTY Limited was a dormant company. During the previous financial year 2025-26, the subsidiary contributed nil turnover, revenue, income, or net worth to the listed entity. The deregistration was not part of a sale agreement, and no consideration was received or expected.

The transaction did not involve any buyers, nor did it fall under related party transactions or a slump sale. As the subsidiary was dormant, the deregistration does not involve any Scheme of Arrangement. The company confirmed that the disposal was completed outside any such scheme.

The following table summarizes the key details regarding the deregistration: