The Exchange has sought clarification from Waaree Energies Limited with respect to recent news item captioned Andhra secures Waaree Energies battery giga-factory with ₹8,175 crore investment. The response from the Company is awaited.
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Awaiting price reaction for this filing.
NSE has asked Waaree Energies to clarify a recent news report about Andhra Pradesh securing a battery giga-factory from the company with an investment of ₹8,175 crore. The company has not yet submitted its response. Until the clarification is provided, the exchange is in a waiting mode and investors do not have official confirmation of the deal details, timeline, or financial commitments.
This is a routine exchange query, not a regulatory action, so there is no immediate negative impact on the stock. However, until Waaree confirms the ₹8,175 crore investment plan, the news remains unverified and may keep the stock volatile.