Announced Fri, 28 Aug, 2026 · 14:24 IST
DRI searched Waaree subsidiary plant over anti-dumping duty matter
WAAREEENER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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-0.3%1-day move
₹2613.60
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₹2628.00
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AI summary
DRI searched the plant of Sangam Solar One, a wholly owned subsidiary of Waaree Energies, on August 27, 2026. The search related to classification of stainless steel pipes and tubes imported under the EPCG scheme and applicability of Anti-Dumping Duty. The company has paid about Rs 2.34 crore in ADD plus interest. Waaree states no further payment is required and there is no impact on financials or operations.
Likely market impact
Material impact limited to about Rs 2.34 crore already paid; no further financial or operational hit expected.