Sells wholly owned data center subsidiary to parent Waaree Energies for Rs 1 lakh

Strategic Transactions View source PDF Explain this filing

WAAREERTL · price

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

+0.6%Reaction day

₹875.05

prior close

₹874.80

announcement price

After-mkt

timing

Nifty Microcap 250market+0.3%+0.3% vs market

Other Electrical Equipment peers, median of 53sector+0.2%+0.4% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.4 pts more 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

-0.4

10m

-0.3

15m

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30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+0.3+0.3+0.2+0.4

Next day

-0.3+0.6-1.0-0.1-0.2

-1.6-0.4-1.2-1.0-0.6

-2.4-0.9-1.5-1.6-0.9

-3.4-0.3-3.1-0.6-2.8

-1.7+0.3-2.0+0.2-2.0

-3.6+1.3-4.9+0.3-3.9

15d

-6.9-0.1-6.7-1.8-5.1

-5.6-1.2-4.4-2.2-3.4

-23.2-7.7-15.5-11.0-12.2

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 53Pending

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

AI summary

Board approved transferring its entire stake in wholly owned subsidiary Waaree Green Data Centers Pvt Ltd (formerly Sunsantional Energy) to its holding company and promoter Waaree Energies. The subsidiary contributed nil or negligible revenue and net worth in FY26. Sale consideration is Rs 1,00,000 at face value of Rs 10 per share. Agreement and completion expected by October 31, 2026. Transaction is a related party deal done at arm's length.

Likely market impact

Internal restructuring within the group; subsidiary was non-material, so minimal financial impact on Waaree Renewable standalone books.