WAAREERTLBSEWaaree Renewable Technologies LtdHighPositive
Announced Tue, 8 Apr · 19:13 IST

As attached

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WAAREERTL · price

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AI summary

Waaree Renewable Technologies has received approval from the National Stock Exchange (NSE) for listing of 10,42,46,569 equity shares of face value Rs. 2 each. The shares will be admitted to trading on NSE with effect from April 09, 2025 under the symbol 'WAAREERTL' in the EQ series. The company, a subsidiary of Waaree Energies Limited, is already listed on BSE (Scrip No. 534618) and this approval enables a dual listing. No lock-in period applies to these shares. Going forward, the company will route all exchange-related submissions and corporate actions through NSE's NEAPS electronic platform.

Likely market impact

The NSE listing is likely to improve liquidity and visibility for the stock, potentially attracting a broader set of institutional and retail investors. Increased trading volumes and tighter price discovery can be expected as the stock becomes accessible to a larger investor base.