Waaree Renewable Technologies Limited has announced the board’s approval of its unaudited financial results for the quarter and half-year ended September 30, 2026. Concurrently, the company approved a significant capital expenditure for setting up a 35 MWp/25 MWac IPP Solar Plant in Wardha, Maharashtra. The board meeting took place on October 19, 2026.
Waaree Renewable Technologies Approves Financial Results and Expansion Plans
On October 19, 2026, the Board of Directors of Waaree Renewable Technologies Limited convened to review and approve key financial and operational matters. The board considered and approved the unaudited financial results, both consolidated and standalone, for the quarter and half-year that concluded on September 30, 2026. These results were presented along with the Limited Review Report.
Significant Capital Expenditure for Solar Plant
In a strategic move towards expanding its renewable energy capacity, the board also gave its approval for a substantial capital expenditure (Capex). This investment is earmarked for the establishment of a new 35 MWp/25 MWac IPP Solar Plant. The project will be located in Wardha, Maharashtra, underscoring the company’s commitment to increasing its solar power generation capabilities.
Meeting Details
The board meeting commenced at 02:00 p.m. and concluded at 03:32 p.m. on the same day. The company has requested that these outcomes be duly recorded and disseminated to all relevant stakeholders.
Source: BSE