Waaree Energies completes 64% acquisition of Kotsons

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

WAAREEENER · price

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Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹3389.00

prior close

₹3400.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.7%-1.3% vs market

Other Electrical Equipment peers, median of 40sector-0.6%-1.4% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Midcap 150 and 1.4 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.4

10m

-1.4

15m

-1.5

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0-0.7-1.3-0.6-1.4

Next day

-1.5+0.1-1.6-1.8+0.3

-1.8+0.5-2.3-1.1-0.7

+1.0+0.5+0.5-2.3+3.3

+3.0-0.2+3.2-3.5+6.5

+4.3+0.7+3.6-1.9+6.3

+4.2+0.7+3.5-2.2+6.3

15d

+1.5+2.4-0.9+0.7+0.8

-2.3+2.3-4.6-3.0+0.7

-15.2+0.9-16.1-10.0-5.1

-23.2+2.5-25.7-14.8-8.4

UpDownMarket · Nifty Midcap 150Sector · Other Electrical Equipment peers, median of 40Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Waaree Energies completed the purchase of a 64% equity stake in Kotsons Private Limited for INR 192 crore. The deal, first disclosed on September 2, 2025, makes Kotsons a subsidiary effective October 7, 2025.

Likely market impact

Kotsons results will now be included in Waaree's financial statements, potentially increasing its scale. The remaining 36% ownership and integration costs remain risks.