Waaree Energies Limited , a prominent player in the renewable energy sector, has announced plans to acquire complete ownership of Sunbreeze Ninth Cloud Private Limited. This strategic move is set to give Waaree Energies full control over the entity, potentially strengthening its position in the market.

Key Details of the Acquisition

According to a disclosure made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements, Waaree Forever Energies Private Limited (WFEPL), a wholly-owned subsidiary of Waaree Energies Limited, has executed a Share Purchase Agreement to acquire a 100% stake in Sunbreeze Ninth Cloud Private Limited. The acquisition is subject to certain conditions precedent to closing.

Implications and Outlook

The acquisition is expected to be completed by November 30, 2025, or a later date as may be agreed upon by the involved parties. Waaree Energies has emphasized that this transaction is not a related party transaction, and none of the company's promoter, promoter group, or other group companies have any interest in this acquisition.

This move by Waaree Energies could potentially expand its operational capabilities and market reach in the renewable energy sector. However, the specific strategic benefits and financial implications of this acquisition have not been disclosed in the available information.

As the renewable energy market continues to evolve, such corporate actions may play a crucial role in shaping the competitive landscape. Stakeholders and industry observers will likely be keen to see how this acquisition impacts Waaree Energies' future growth and market position.

Investors and interested parties can find more information about Waaree Energies' recent activities and future plans in their latest investor presentation, available on the company's website at www.waaree.com .

Waaree Energies subsidiary, Waaree Transpower, has introduced its latest line of Inverter Duty Transformers (IDTs) at the Renewable Energy India Expo 2025 in New Delhi. This launch marks a significant step in the company's efforts to cater to the evolving needs of the renewable energy sector.

Key Features of the New IDTs

The new transformers are designed to meet the demands of various segments within the renewable energy industry:

• Utility-scale solar plants
• Renewable energy developers
• Industrial captive units
• Smart grid operators

Flagship Model Specifications

Waaree Transpower's flagship model boasts impressive specifications:

Manufacturing Capabilities

The company has invested in advanced manufacturing facilities to ensure the quality and reliability of its products:

• Dedicated manufacturing facility
• Backward integration capabilities
• Digital testing infrastructure

Parent Company Overview

Waaree Energies, the parent company of Waaree Transpower, has a significant presence in the solar energy sector:

Market Impact

The launch of these next-generation IDTs could potentially strengthen Waaree Energies' position in the renewable energy market. However, the immediate market reaction was slightly negative:

• Waaree Energies Limited's shares closed at ₹3,423.00
• This represents a decrease of ₹9.20 or 0.27%

As the renewable energy sector continues to grow, innovations like Waaree Transpower's new IDTs may play a crucial role in enhancing the efficiency and reliability of solar power infrastructure.