Company Waaree Renewable Technologies Limited

WAAREERTL

INE299N01021

Electric Utilities

Market Closed - Bombay S.E. Other stock markets 06:12:50 2026-07-20 EDT			5-day change	1st Jan Change
1,020.65 ^INR	+2.21%		+1.30%	+5.54%

06-17	Indian shares open flat as oil slide offsets drop in IT after Fed decision	RE
06-17	Waaree Renewable Technologies Limited completed the acquisition of an unknown stake in Associated Power Structures Limited.	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	-	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	-	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 %	834 M ₹
Hitesh Pranjivan Mehta 1.054 %	1,100,000	1.054 %	12 M ₹
Motilal Oswal Asset Management Co. Ltd. 0.0678 %	70,702	0.0678 %	760 247 ₹
Groww Asset Management Ltd. 0.000437 %	456	0.000437 %	4 903 ₹
Angel One Asset Management Co. Ltd. 0.000125 %	130	0.000125 %	1 398 ₹

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	+2.21%	+1.30%	-13.96%	+275.72%	1.08B
MESHEK ENERGY - RENEWABLE ENERGIES LTD.	+2.18%	+9.35%	+219.93%	+221.34%	2.75B
O.Y. NOFAR ENERGY LTD	-0.38%	+1.00%	+112.90%	+147.77%	2.67B
NYOCOR CO., LTD.	+10.05%	-1.89%	+10.05%	-4.15%	1.65B
CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED	+5.89%	+2.36%	-	-	1.53B
BIRLESIM GRUP ENERJI YATIRIMLARI	+3.37%	+9.14%	+862.40%	-	1.27B
SP NEW ENERGY CORPORATION	+1.99%	+2.67%	-1.28%	+31.62%	1.26B
ENERGYVISION NV	-0.40%	-1.47%	+26.15%	-	1.03B
SOLARVEST HOLDINGS	+3.59%	+7.46%	+26.29%	+145.74%	692M
ZHEJIANG SUNOREN SOLAR TECHNOLOGY CO.,LTD.	+3.24%	+8.01%	-16.15%	-57.44%	501M
Average	+3.17%	+1.58%	+136.26%	+108.66%	1.44B
Weighted average by Cap.	+3.01%	+1.54%	+158.13%	+132.68%