Waaree Energies Limited has announced a scheduled investor meeting for December 27, 2025, in compliance with SEBI regulations. The company informed stock exchanges about this upcoming engagement with institutional investors and analysts.

Meeting Details

The solar energy equipment manufacturer has organized a physical meeting with a group of investors scheduled for Saturday, December 27, 2025, in Delhi. Company officials will conduct the session to engage with the investment community.

Regulatory Compliance

The company has filed this intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events and investor meetings.

Waaree Energies has emphasized that discussions during the meeting will be based solely on publicly available information. The company has specifically stated that no unpublished price-sensitive information relating to the company will be disclosed during the interactions.

Important Considerations

The company has noted that changes to the meeting schedule may occur due to exigencies on the part of the host or company. Investors and participants are advised to stay updated on any potential modifications.

The latest investor presentation is available on the company's official website at www.waaree.com , providing participants with access to current publicly available information ahead of the meeting.

Stock Exchange Communication

The notification was sent to both major Indian stock exchanges where Waaree Energies shares are listed. The company communicated with BSE Limited (Scrip Code: 544277) and National Stock Exchange of India Limited (Trading Symbol: WAAREEENER) regarding this investor engagement.

The communication was signed by Rajesh Ghanshyam Gaur, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols are followed for this investor interaction.

Waaree Energies Limited has disclosed receiving multiple GST demand orders from different tax authorities, marking significant regulatory developments that the company plans to contest through appropriate legal channels.

Latest GST Demand Orders

The company has received two separate demand orders on December 30, 2025. The Assistant Commissioner, Division-IV, CGST & CE Surat issued the first order, while the Assistant Commissioner of State Tax (INV-01), Investigation-A, Mumbai issued the second order, both under Section 74 of the CGST Act, 2017.

Surat Authority Demand Details

The Surat order involves multiple components of alleged violations. The Input Tax Credit (ITC) amounting to ₹80.60 lakh (IGST) has been demanded along with applicable interest and penalty of ₹80.60 lakh under Section 74(1) of the CGST Act, 2017.

Mumbai Authority Assessment

The Mumbai order shows a reduction from the original proposed demand. A Show Cause Notice was initially issued proposing a demand of ₹7.91 crores for the tax period April 2021 to March 2022. After examination of the company's reply and records, relief of ₹5.42 crores has been allowed, resulting in the final demand of ₹2.48 crores.

Alleged Violations

The demand orders cite several compliance issues across different periods. The Surat order relates to Input Tax Credit availed on IPO-related expenses incurred during FY 2021-22 and FY 2022-23, non-reversal of ITC due to non-payment of consideration to suppliers, and non-payment of interest on consideration not paid to suppliers within 180 days.

The Mumbai order alleges that the company had availed ineligible Input Tax Credit, claimed excess ITC in GSTR 3B which is not confirmed in GSTR 2B, and had not carried out cross-charging of common Input Tax Credit.

Company's Response and Impact Assessment

Waaree Energies has stated that there is no impact on the company's financials, operations, or other activities due to these assessment orders. The company emphasized its commitment to addressing both matters through proper legal channels and believes it has strong legal and factual grounds to contest the findings.

The company maintains that it has duly discharged its applicable GST liabilities in accordance with the law, and these matters primarily involve issues of legal interpretation. Both orders are not final and are appealable under the provisions of the Central Goods and Services Tax Act, 2017.