Company Waaree Renewable Technologies Limited

WAAREERTL

INE299N01021

Electric Utilities

Market Closed - Bombay S.E. 06:26:54 2026-08-28 EDT			5-day change	1st Jan Change
878.90 ^INR	+0.47%		+0.41%	-9.12%

08-10	Waaree Renewable Technologies Limited Receives Letter of Award for Engineering, Procurement and Construction Works for 124 Mwp (88 Mwac) Ground-Mounted Solar Pv Project	CI
08-05	Waaree Renewable Technologies Limited Signs Turnkey Contract With Solaris Horizon Energy Private Limited For 210MWp Engineering, Procurement And Construction Order	CI

Business description: Waaree Renewable Technologies Limited

Waaree Renewable Technologies Limited is an India-based company. The Company is a solar developer that finances, constructs, owns, and operates solar projects. The Company's segments include EPC Contracts and Power Sale. Its solutions and services include Ground-Mounted solar, Floating Solar, RESCO Model, CAPEX Model, Rooftop Solar, and Operations and Maintenance. It provides both on-site solar projects (rooftop and ground-mounted) and off-site solar farms (open-access solar plants). The Company operates across geographies, focusing on long-term investments within the commercial and industrial customer segments. Its projects include 140 megawatts (MW) - Continuum Green Energy, 51 MW - Renew Power, 540MW - Conntinum Green Energy, BAPS Temple - 50 + sites Roof top Solar, Babaji Shivram -70KW, 27 MW - Roha Dyechem, NTPC, Kawas 1000KWP, 14 MW - MSL (Maharashtra Seamless Limited), and 1.1MW - Rubamin Project, Vadodara.

Number of employees: 171

Sales by Activity: Waaree Renewable Technologies Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
EPC Contracts - Solar Power Plants	-	1.47B	3.41B	8.58B	15.72B
Power Sale	-	142M	95.61M	181M	254M
Non-Regulated Utility	130M	-	-	-	-

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Geographical breakdown of sales: Waaree Renewable Technologies Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
India	130M	1.61B	3.51B	8.76B	15.98B

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Executive Committee: Waaree Renewable Technologies Limited

Manager	Title	Age	Since
Pujan Pankaj Doshi CEO	Chief Executive Officer	36	2020-06-14
Manmohan Sharma DFI	Director of Finance/CFO	-	2025-04-15
Ravikesh Singh COO	Chief Operating Officer	-	2023-08-31
Heema Kalpeshkumar Shah CMP	Compliance Officer	-	2021-05-09

See WAAREE RENEWABLE TECHNOLOGIES LIMITED governance

Composition of the Board of Directors: Waaree Renewable Technologies Limited

Director	Title	Age	Since
Nilesh Bhogilal Gandhi CHM	Chairman	62	2017-02-12
Pujan Pankaj Doshi BRD	Director/Board Member	36	2016-09-01
Hitesh Pranjivan Mehta BRD	Director/Board Member	61	2020-06-14
Viren Chimanlal Doshi BRD	Director/Board Member	57	2021-07-21
Sunil Nankishor Rathi BRD	Director/Board Member	55	2023-03-27
Ambika Sharma BRD	Director/Board Member	63	2024-06-19
Sunil Jain BRD	Director/Board Member	-	2024-09-26
Sudhir Arya BRD	Director/Board Member	67	2025-04-15

Composition of the Board of Directors

Shareholders: Waaree Renewable Technologies Limited

Name	Stocks	%	Valuation
WAAREE ENERGIES LIMITED 74.32 %	77,550,245	74.32 %	741 M ₹
Hitesh Pranjivan Mehta 1.054 %	1,100,000	1.054 %	11 M ₹
Motilal Oswal Asset Management Co. Ltd. 0.0657 %	68,549	0.0657 %	655 424 ₹
Groww Asset Management Ltd. 0.000437 %	456	0.000437 %	4 360 ₹
Angel One Asset Management Co. Ltd. 0.000125 %	130	0.000125 %	1 243 ₹

List of WAAREE RENEWABLE TECHNOLOGIES LIMITED shareholders

Company details: Waaree Renewable Technologies Limited

Waaree Renewable Technologies Ltd.

504, Western Edge-I

400066, Mumbai

+91 22 6644 4444

http://www.waareertl.com

address Waaree Renewable Technologies Limited(WAAREERTL)

Solar Electric Ultilities

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
WAAREE RENEWABLE TECHNOLOGIES LIMITED	+0.47%	+0.41%	-14.09%	+245.89%	960M
MESHEK ENERGY - RENEWABLE ENERGIES LTD.	0.00%	+7.36%	+141.96%	+169.26%	2.52B
BIRLESIM GRUP ENERJI YATIRIMLARI	+4.00%	+22.48%	+1,419.20%	-	2.18B
O.Y. NOFAR ENERGY LTD	-2.35%	-8.99%	+56.75%	+106.21%	2.13B
NYOCOR CO., LTD.	-0.83%	+0.67%	+3.11%	-8.72%	1.75B
CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED	-1.86%	-1.26%	-	-	1.53B
ENERGYVISION NV	+0.13%	-0.13%	+29.45%	-	1.07B
SP NEW ENERGY CORPORATION	-3.20%	-5.47%	-6.92%	-17.12%	971M
SOLARVEST HOLDINGS	+1.64%	+2.31%	+32.48%	+138.46%	739M
ZHEJIANG SUNOREN SOLAR TECHNOLOGY CO.,LTD.	-3.30%	+8.24%	-14.57%	-46.82%	566M
Average	-0.53%	+1.33%	+183.04%	+83.88%	1.44B
Weighted average by Cap.	-0.26%	+2.71%	+279.56%	+96.85%