Waaree Renewable Technologies Limited has announced the incorporation of its new wholly-owned subsidiary, Aurovault Data Centers Private Limited. This strategic move, effective September 14, 2026, signals the company’s expansion into the burgeoning data center business. The new entity aims to develop, operate, and commercialize data centers, including hyperscale and edge facilities, aligning with the growing demand for digital infrastructure services.
Expansion into Data Centers
Waaree Renewable Technologies Limited has officially incorporated a new wholly-owned subsidiary named Aurovault Data Centers Private Limited. The incorporation date is noted as September 14, 2026. This development marks a significant step for Waaree Renewable Technologies as it ventures into the rapidly expanding data center sector.
Strategic Objectives of the New Entity
Aurovault Data Centers Private Limited is established with a broad set of objectives, including the development, design, finance, construction, ownership, lease, operation, management, and commercialization of various types of data centers. This includes hyperscale data centers, AI-ready data centers, edge data centers, and disaster recovery centers. The company also plans to offer cloud infrastructure facilities, digital infrastructure parks, and colocation services both in India and internationally. Services will encompass managed hosting, cloud connectivity, internet exchange, network services, and disaster recovery solutions, alongside advanced offerings like AI infrastructure and GPU hosting.
Ownership and Consideration
The incorporation was facilitated by Waaree Green Data Centers Private Limited (formerly Sunsantional Energy Private Limited), a wholly owned subsidiary of Waaree Renewable Technologies Limited. Waaree Green Data Centers Private Limited will hold 100% share capital of Aurovault Data Centers Private Limited. The nature of consideration is cash, with Waaree Green Data Centers Private Limited subscribing to the Memorandum of Association (MOA) of the new entity.
Business Overview
The newly incorporated company, Aurovault Data Centers Private Limited, is recognized as being in the Data Center Business. As it is newly incorporated, its turnover is currently Nil, and it has yet to commence business operations. The entity is registered in India.
Source: BSE
