Solar EPC contract scope enhanced by Rs 27 Cr; total now Rs 1018 Cr

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WAAREERTL · price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.3%+0.0% vs market

Other Electrical Equipment peers, median of 43sector-0.9%+0.7% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.7 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.

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AI summary

Waaree Renewable Technologies received an enhancement of Rs 27.22 Cr in the scope of an existing EPC contract for a 980 MWp/700 MWac solar power plant on turnkey basis. The order, from one of India's leading renewable energy companies (domestic client), now totals Rs 1017.82 Cr inclusive of taxes. Terms and conditions remain unchanged. This is an update to a disclosure originally made on February 20, 2024.

Likely market impact

Slightly larger revenue pipeline from an existing solar EPC client; positive but modest addition to a large order.