Waaree Technologies has submitted its Annual Report for FY26 along with the notice for its 13th Annual General Meeting (AGM), scheduled for September 28, 2026. The meeting will be conducted via video conferencing or other audio-visual means.

Key Agenda Items

The AGM agenda includes the adoption of audited financial statements for the year ended March 31, 2026, and the reappointment of Mr. Vivek Srivastava as a director by rotation. Crucially, shareholders are asked to approve multiple material related-party transactions (RPTs) with promoter group entities and companies where directors hold interests.

Financial Performance

For FY26, the company reported total income of ₹745.19 lakh, a decline from ₹1,045.10 lakh in FY25. The loss before tax narrowed to ₹555.75 lakh from ₹753.26 lakh in the previous year. Net loss after tax stood at ₹417.83 lakh, compared to ₹565.00 lakh in FY25.

Related Party Transactions

The company seeks omnibus approval for RPTs with several entities, including Waaree Energies Limited, Waaree Renewable Technologies Limited, and Waaree Sustainable Finance Private Limited. These transactions involve the purchase and sale of goods, availing EPC services, and borrowing facilities.

• Waaree Energies Limited: Proposed purchases of up to ₹100 crore, sales of up to ₹20 crore, and borrowing facility of up to ₹20 crore.
• Waaree Renewable Technologies Limited: Proposed EPC services up to ₹5 crore, sales up to ₹10 crore, and borrowing up to ₹20 crore.
• Waaree Sustainable Finance Private Limited: Borrowing facility up to ₹20 crore.

Other proposed transactions include deals with Waaree Power Private Limited, Sangam Solar One Private Limited, Waaree ESS Private Limited, Waa Cables Private Limited, and Waaree Energy Storage Solutions Private Limited, primarily involving the sale of battery packs and energy storage materials.

Auditor Appointment

Shareholders will also vote on the appointment of M/s BHATTER & CO., Chartered Accountants, as statutory auditors for five years, replacing M/s R T Jain & Co. LLP whose tenure expires. The proposed remuneration for the new auditors is ₹3.50 lakh per annum, excluding taxes.

Meeting Logistics

The cut-off date for voting is September 21, 2026. Remote e-voting will be available from September 24 to September 27, 2026. Members holding shares in physical mode are reminded to update their KYC details to ensure eligibility for electronic payments.

Waaree Technologies has recommended the appointment of M/s. Bhatter & Co. as its statutory auditor, replacing the retiring firm M/s. R T Jain & Co LLP. The move follows a recommendation from the company’s audit committee during its board meeting held on August 29, 2026.

The proposed appointment is subject to approval by members through an ordinary resolution at the 13th Annual General Meeting (AGM). Upon approval, the new term will commence immediately after the conclusion of the current AGM and extend until the end of the 18th AGM scheduled for 2031.

Auditor Profile

Bhatter & Co., identified by Firm Registration Number (FRN) 131092W, is a Mumbai-based chartered accountants firm founded in 1975 by CA Daulal Bhatter. Headquartered in Nariman Point, the firm holds a valid peer review certificate and serves listed companies, financial institutions, and growth-stage businesses.

The board confirmed that there are no relationships between the directors and the proposed auditors, stating this field as "not applicable" in its regulatory disclosure.

Regulatory Compliance

The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the details required for such appointments.

Vibhor Kumawat, Company Secretary and Compliance Officer, signed the disclosure following the board meeting which concluded at 4:05 pm on August 29, 2026.