Announced Fri, 29 Aug · 22:51 IST

Waaree Renewable Technologies Limited has informed the Exchange regarding 'BRSR Report for FY 2024-25'.

WAAREERTL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Waaree Renewable Technologies, a solar EPC company and 74.39%-owned subsidiary of Waaree Energies, has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with BSE and NSE, as required under SEBI's Listing Regulations. The company reported a turnover of Rs. 87,617.86 lakhs and a net worth of Rs. 24,748.55 lakhs, with 97.61% of revenue coming from construction and maintenance of power plants. It operates 48 project sites and 1 office across 10 Indian states, with 286 employees (95% male) and no permanent workers. The BRSR notes no safety incidents, no regulatory fines or penalties, and alignment with ISO 9001, 14001, and 45001 standards. The company also plans to adopt the Science Based Targets initiative (SBTi) and disclose to the Carbon Disclosure Project (CDP) going forward.

Likely market impact

This is a routine annual ESG compliance filing under SEBI regulations and is unlikely to cause any immediate stock price movement. It provides investors with useful transparency on the company's sustainability practices, governance, and workforce metrics, but contains no material new business announcements or financial surprises.