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Company Profile

WAAREE RENEWABLE TECHNOLOGIES LTD.

NSE : NABSE : 534618ISIN CODE : INE299N01021Industry : Power Generation/DistributionHouse : Private
BSE2088.50-109.9 (-5 % )
PREV CLOSE (Rs.) 2198.40
OPEN PRICE (Rs.) 2088.50
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 214644
TODAY'S LOW / HIGH (Rs.)2088.50 2154.45
52 WK LOW / HIGH (Rs.) 157.02 3037.75
NSE
This Company is not listed in NSE

Company News

Date Heading Details
10-May-2024 Grant Of 5,463 Stock Options Under The Waaree RTL ESOP 2022 Grant of 5,463 Stock Options under The Waaree RTL ESOP 2022
06-May-2024 Waaree Renewable Technologies informs about recommendation of dividend <p style="text-align: justify;">In continuation of its letter dated April 30, 2024, regarding intimation of the Board Meeting of the Company to be held on May 10, 2024, for consideration of Audited Financial Results for the quarter and financial year ended on March 31, 2024, Waaree Renewable Technologies has informed that the Board of Directors of the Company, in its aforesaid Meeting, will also consider the matter pertaining to recommendation of Dividend to the shareholders for FY 2023-24.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
23-Mar-2024 Waaree Renewable Technologies informs about scheme of amalgamation <div style="text-align: justify;">Waaree Renewable Technologies has informed that the Hon'ble National Company Law Tribunal, Mumbai Bench, (NCLT/Tribunal) has approved the Scheme of Amalgamation between Sangam Rooftop Solar (Transferor Company 01), Waaree PV Technologies (Transferor Company 02), Waasang Solar (Transferor Company 03) with Waaree Renewable Technologies (‘Transferee Company') and their respective shareholders under Sections 230 to 232 of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamation) Rules, 2016 vide its order dated March 21, 2024 (Order). They enclosed copy of the said order for&nbsp; reference and records. Certified copy of the order is still awaited by the Company. The appointed date for Scheme is April 01, 2022. It may be noted that the appointed date has been inadvertently stated as April 01,2023 instead of April 01, 2022 in the order, as was filed in the scheme of arrangement. The company is in the process of filing a corrigendum application for rectification of the appointment date. The Scheme shall be effective after the receipt of the certified copy of the order from NCLT and its consequent filing with the Registrar of Companies, Mumbai.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
13-Mar-2024 ISIN Change Notice No. 20240313-67 Notice Date 13 Mar 2024Category Corporate Actions Segment EquitySubject New ISIN Number of WAAREE RENEWABLE TECHNOLOGIES LTD (Scrip Code 534618) ContentIn Continuation to the Exchange Notice No. 20240307-52 dated March 07, 2024, Trading Members of the Exchange are hereby informed that the New ISIN number for the Sub-Divided Equity Shares of the Company will be as under: -Company Name & Scrip CodeNew ISIN No.RemarksWAAREE RENEWABLE TECHNOLOGIES LTD (534618)INE299N01021Sub-division of Equity Shares from Rs.10/- to Rs.2/- The New ISIN number given above, for Equity Shares of Rs.2/- each of the Company shall be effective for trades done on and from the Ex-Date i.e. 15/03/2024 (DR-739/2023-2024)
01-Mar-2024 Waaree Renewable Technologies gets LoI worth Rs 1,401 crore <p style="text-align: justify;">Waaree Renewable Technologies has received a Letter of Intent (LoI) for the execution of Engineering, Procurement and Construction (EPC) work with Land development of ISTS connected Ground Mounted Solar PV project of 300 MW AC capacity on turnkey basis along with three years Operation &amp; Maintenance Service. The order value is around Rs 1,401 crore including Operations &amp; Maintenance (Excluding Taxes). The project is scheduled to be completed in the financial year 2025-26, in various tranches as per the terms of the order.</p><p style="text-align: justify;">Waaree Renewable Technologies operates as a renewable equipment company. The company offers solar PV modules, batteries, and other solar products.</p>
01-Mar-2024 Waaree Renewable Technologies touches roof on getting LoI worth Rs 1,401 crore <p style="text-align: justify;">Waaree Renewable Technologies is currently trading at its upper limit of Rs. 5835.25, up by 277.85 points or 5.00% from its previous closing of Rs. 5557.40 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 5800.00 and has touched a high and low of Rs. 5835.25 and Rs. 5600.10 respectively. So far 52552 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 5835.25 on 01-Mar-2024 and a 52 week low of Rs. 600.50 on 14-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 5835.25 and Rs. 5070.00 respectively. The current market cap of the company is Rs. 12154.74 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 74.46%, while Institutions and Non-Institutions held 0.09% and 25.45% respectively.</p><p style="text-align: justify;">Waaree Renewable Technologies has received a Letter of Intent (LoI) for the execution of Engineering, Procurement and Construction (EPC) work with Land development of ISTS connected Ground Mounted Solar PV project of 300 MW AC capacity on turnkey basis along with three years Operation &amp; Maintenance Service. The order value is around Rs 1,401 crore including Operations &amp; Maintenance (Excluding Taxes). The project is scheduled to be completed in the financial year 2025-26, in various tranches as per the terms of the order.</p><p style="text-align: justify;">Waaree Renewable Technologies operates as a renewable equipment company. The company offers solar PV modules, batteries, and other solar products.</p><div style="text-align: justify;"><br></div>
20-Feb-2024 Waaree Renewable Technologies gets LoA worth Rs 990.60 crore <p style="text-align: justify;">Waaree Renewable Technologies has received a Letter of Award (LoA) from one of India's leading Renewable Energy companies for the execution of Engineering, Procurement and Construction (EPC) work for Solar power plant of 980 MWp /700 MWac on turnkey basis with an order value of Rs 990.60 crore. The project is scheduled to be completed within 12 months as per the term of the LoA.</p><p style="text-align: justify;">Waaree Renewable Technologies operates as a renewable equipment company. The company offers solar PV modules, batteries, and other solar products.</p>
20-Feb-2024 Waaree Renewable Technologies informs about receipt of order <div style="text-align: justify;">Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, Waaree Renewable Technologies has informed that the Company has received a Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) work for Solar power plant of 980 MWp /700 MWac on turnkey basis included for the captioned LOA, the unexecuted order book now stands at 2.141 GW The details as required under Regulation 30 of the Listing Regulations read with SEBI /HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Annexure A.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
20-Feb-2024 Waaree Renewable Technologies touches roof on getting LoA worth Rs 990.60 crore <p style="text-align: justify;">Waaree Renewable Technologies is currently trading at its upper limit of Rs. 4650.15, up by 221.40 points or 5.00% from its previous closing of Rs. 4428.75 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 4650.15 and has touched a high and low of Rs. 4650.15 and Rs. 4225.00 respectively. So far 138055 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 5145.25 on 08-Feb-2024 and a 52 week low of Rs. 569.00 on 27-Feb-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 4650.15 and Rs. 3791.80 respectively. The current market cap of the company is Rs. 9686.19 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 74.46%, while Institutions and Non-Institutions held 0.09% and 25.45% respectively.</p><p style="text-align: justify;">Waaree Renewable Technologies has received a Letter of Award (LoA) from one of India's leading Renewable Energy companies for the execution of Engineering, Procurement and Construction (EPC) work for Solar power plant of 980 MWp /700 MWac on turnkey basis with an order value of Rs 990.60 crore. The project is scheduled to be completed within 12 months as per the term of the LoA.</p><p style="text-align: justify;">Waaree Renewable Technologies operates as a renewable equipment company. The company offers solar PV modules, batteries, and other solar products.</p><div style="text-align: justify;"><br></div>
05-Feb-2024 Waaree Renewable Technologies receives LoA for Solar power plant <p style="text-align: justify;">Waaree Renewable Technologies has received a Letter of Award (LoA) from one of the Global leading biggest utility in the world in renewable energy. The LoA is for the execution of Engineering, Procurement and Construction (EPC) work for Solar power plant of 412 MWp /335 MWac on turnkey basis with an order value of Rs 547.5 crore. The LoA also includes Operations and Maintenance for a period of two years from the date of Hand over Take over with an order value of Rs 6.798 crore. The projects are scheduled to be completed in the December 31, 2024 as per the term of the order.&nbsp; &nbsp;</p><p style="text-align: justify;">Waaree Renewable Technologies operates as a renewable equipment company. The company offers solar PV modules, batteries, and other solar products.</p><div style="text-align: justify;"><br></div>