Waaree Energies Limited , a prominent player in the renewable energy sector, has made a strategic move to bolster its energy storage business. The company has entered into a Share Subscription cum Shareholder's Agreement (SSSHA) with its wholly-owned subsidiary, Waaree Energy Storage Solutions Private Limited (WESSPL), and a group of investors.

Key Details of the Agreement

• Stake Offered: Up to 10.07% of WESSPL's share capital
• Method: Private placement of equity shares
• Purpose: Capital infusion for business expansion
• Post-Transaction Status: WESSPL to remain a subsidiary of Waaree Energies Limited

This move signifies Waaree Energies' commitment to expanding its footprint in the energy storage solutions market, a crucial component of the renewable energy ecosystem.

Corporate Governance and Transparency

In line with regulatory requirements, Waaree Energies has promptly disclosed this development to the stock exchanges. The company has adhered to Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements, demonstrating its commitment to transparency and corporate governance.

Upcoming Financial Results

In a separate announcement, Waaree Energies has scheduled a Board of Directors meeting for October 16, 2025, to discuss and approve the following:

1. Unaudited Financial Results (Standalone and Consolidated) for Q2 FY2025-26
2. Potential interim dividend for FY2025-26

Insider Trading Prevention

To maintain market integrity, Waaree Energies has implemented the following measures:

• Trading Window Closure: From October 1, 2025
• Reopening: 48 hours after the declaration of Q2 FY2025-26 results
• Applicable to: Directors, Key Managerial Persons, Designated Persons, and their Immediate Relatives

This strategic move by Waaree Energies to partially divest its stake in WESSPL while maintaining majority control could potentially accelerate the growth of its energy storage business. Investors and industry observers will be keenly watching how this capital infusion translates into business expansion and market positioning for WESSPL in the competitive energy storage sector.

Waaree Energies Limited , a prominent player in the renewable energy sector, has announced a series of significant capacity expansions across its wholly owned subsidiaries, backed by a substantial investment of Rs 8,175.00 crore. The decision, approved by the company's Board of Directors, aims to bolster Waaree's position in key areas of the green energy market.

Lithium-Ion Cell Manufacturing Boost

The most substantial investment is allocated to Waaree Energy Storage Solutions Private Limited, where the company plans to increase its Lithium Ion cell manufacturing capacity from 3.50 GWh to 20.00 GWh. This expansion will be supported by an additional capital expenditure of Rs 8,000.00 crore, signaling Waaree's strong commitment to the energy storage sector.

Electrolyser Production Expansion

Waaree Clean Energy Solutions Private Limited is set to see its electrolyser production capacity more than triple, increasing from 300.00 MW to 1,000.00 MW. This growth will be facilitated by an additional investment of Rs 125.00 crore, positioning the company to meet the rising demand for green hydrogen technologies.

Inverter Manufacturing Growth

The company's inverter manufacturing arm, Waaree Power Private Limited, will also benefit from the expansion plan. Its production capacity is slated to increase from 3.00 GW to 4.00 GW, supported by an additional expenditure of Rs 50.00 crore.

Strategic Move Following Earlier Announcement

This comprehensive expansion strategy follows an earlier announcement made by Waaree Energies. The recent board meeting, which concluded at 7:30 PM, has now formalized these plans, demonstrating the company's rapid move from intention to action.

Waaree Energies' ambitious expansion across its subsidiaries reflects the company's confidence in the growing renewable energy market and its commitment to strengthening its position in key segments of the green technology value chain. As the renewable energy sector continues to evolve, Waaree's strategic investments could potentially reshape its market presence and contribute significantly to India's clean energy goals.