WAAREE Energies Limited announced that Waaree Forever Energies Private Limited (WFEPL), a wholly-owned subsidiary, will acquire a 100% stake in Sunbreeze Ninth Cloud Private Limited. The acquisition is subject to certain conditions. It’s expected to be completed by November 30, 2025, or a later agreed date. The transaction does not involve related parties.
Acquisition Announcement
WAAREE Energies Limited has declared that its subsidiary, Waaree Forever Energies Private Limited (WFEPL), will acquire a 100% stake in Sunbreeze Ninth Cloud Private Limited. The share purchase agreement has been executed, setting the stage for this strategic acquisition.
Transaction Details
The acquisition is subject to certain conditions precedent and is anticipated to be finalized by November 30, 2025, or at a mutually agreed-upon later date. The company clarifies that this transaction does not involve any related parties. This move is expected to strengthen WAAREE Energies’ position in the sector.
Source: BSE
