WAAREEENERWaaree Energies Ltd.

    Waaree Energies completes ₹1 lakh acquisition of data centre firm

    • Mergers & acquisitions
    • Solar energy equipment
    Rows of ground-mounted solar panels on metal frames across a snowy field, with a red building in the background.
    Wikideas1, via Wikimedia Commons (CC0). Illustrative image.

    Waaree Energies (NSE: WAAREEENER) has completed the acquisition of a 100% equity stake in Waaree Green Data Centers Private Limited, along with its two wholly-owned subsidiaries, for a total consideration of ₹1 lakh, it said in a filing on 30 Oct 2026. The company says the acquired firm became its wholly-owned subsidiary on the same day.

    The acquisition in detail

    Waaree Energies completed the acquisition on 30 Oct 2026, following an earlier disclosure dated 27 Oct 2026. The total consideration is ₹1 lakh for the entire equity of Waaree Green Data Centers Private Limited, which holds two wholly-owned subsidiaries.

    With completion, Waaree Green Data Centers Private Limited has become a wholly-owned subsidiary of Waaree Energies effective 30 Oct 2026. The company received intimation of the completion at 20:09 p.m. (IST) and says the information will be made available on its website, www.waaree.com.

    How it fits the company

    Waaree Energies is a solar energy equipment maker with a market value of ₹66,275 crore at the 30 Oct 2026 close. Its consolidated net profit for Q2 FY27 was ₹753.64 crore, down 14.2% year on year, so the nominal consideration is very small against the company's size.

    On the same day, the company also filed a notice on commencement of commercial production by Waaree Solar Americas Inc., a wholly owned subsidiary.

    What the acquisition means for Waaree Energies' shareholders

    The filing does not say what business Waaree Green Data Centers Private Limited and its subsidiaries carry on, what their revenue or net worth is, who the seller was, why the company bought the stake, or whether the deal is a related-party transaction. It is not known whether further funding will be needed.

    At a glance

    ItemDetail
    Acquired companyWaaree Green Data Centers Private Limited
    Subsidiaries of acquired companyTwo wholly-owned subsidiaries
    Equity stake acquired100%
    Total consideration₹1 lakh
    Status after acquisitionWholly-owned subsidiary effective 30 Oct 2026

    Filed with BSE on . Reference: Original filing (PDF)

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