Waaree Energies Limited (WAAREEENER)
Outcome of Board Meeting held on Wednesday, September 23, 2026 regarding Scheme of Amalgamation of Indosolar Limited with Waaree Energies Limited and their respective shareholders pursuant ....
Outcome of Board Meeting on Sep 23, 2026: Board approved draft Scheme of Amalgamation of Indosolar Limited with Waaree Energies Limited. Scheme aims to consolidate solar module manufacturing, create backward integration, simplify group structure, and enhance liquidity for Indosolar shareholders. Share exchange ratio fixed at 1 Waaree share for every 11 Indosolar shares. Scheme subject to regulatory and shareholder approvals. Post-merger, Indosolar will dissolve without winding up.
Source: Original filing PDF
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🚨 WAAREEENER — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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