5442772026-01-012026-03-315442772026-03-315442772025-03-315442772025-04-012026-03-315442772026-01-012026-03-31in-capmkt:OtherExpenses1Member5442772026-01-012026-03-31in-capmkt:OtherExpenses2Member5442772025-04-012026-03-31in-capmkt:OtherExpenses1Member5442772025-04-012026-03-31in-capmkt:OtherExpenses2Member5442772026-03-31OtherNoncurrentFinancialAssetsDomain15442772026-03-31OtherNoncurrentFinancialAssetsDomain25442772026-03-31OtherNoncurrentAssetsDomain15442772026-03-31OtherNoncurrentAssetsDomain25442772026-03-31OtherCurrentFinancialAssetsDomain15442772026-03-31OtherCurrentFinancialAssetsDomain25442772026-03-31OtherNoncurrentFinancialLiabilitiesDomain15442772026-03-31OtherNoncurrentLiabilitiesDomain15442772026-03-31OtherCurrentFinancialLiabilitiesDomain15442772026-03-31OtherCurrentFinancialLiabilitiesDomain25442772026-03-31OtherCurrentFinancialLiabilitiesDomain35442772026-03-31OtherCurrentLiabilitiesDomain15442772026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15442772025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15442772026-01-012026-03-31RelatedPartyTransactionDomain15442772025-12-31RelatedPartyTransactionDomain15442772026-03-31RelatedPartyTransactionDomain15442772026-01-012026-03-31RelatedPartyTransactionDomain25442772025-12-31RelatedPartyTransactionDomain25442772026-03-31RelatedPartyTransactionDomain25442772026-01-012026-03-31RelatedPartyTransactionDomain35442772025-12-31RelatedPartyTransactionDomain35442772026-03-31RelatedPartyTransactionDomain35442772026-01-012026-03-31RelatedPartyTransactionDomain45442772025-12-31RelatedPartyTransactionDomain45442772026-03-31RelatedPartyTransactionDomain45442772026-01-012026-03-31RelatedPartyTransactionDomain55442772025-12-31RelatedPartyTransactionDomain55442772026-03-31RelatedPartyTransactionDomain55442772026-01-012026-03-31RelatedPartyTransactionDomain65442772025-12-31RelatedPartyTransactionDomain65442772026-03-31RelatedPartyTransactionDomain65442772026-01-012026-03-31RelatedPartyTransactionDomain75442772025-12-31RelatedPartyTransactionDomain75442772026-03-31RelatedPartyTransactionDomain75442772026-01-012026-03-31RelatedPartyTransactionDomain85442772025-12-31RelatedPartyTransactionDomain85442772026-03-31RelatedPartyTransactionDomain85442772026-01-012026-03-31RelatedPartyTransactionDomain95442772025-12-31RelatedPartyTransactionDomain95442772026-03-31RelatedPartyTransactionDomain95442772026-01-012026-03-31RelatedPartyTransactionDomain105442772025-12-31RelatedPartyTransactionDomain105442772026-03-31RelatedPartyTransactionDomain105442772026-01-012026-03-31RelatedPartyTransactionDomain115442772025-12-31RelatedPartyTransactionDomain115442772026-03-31RelatedPartyTransactionDomain115442772026-01-012026-03-31RelatedPartyTransactionDomain125442772025-12-31RelatedPartyTransactionDomain125442772026-03-31RelatedPartyTransactionDomain125442772026-01-012026-03-31RelatedPartyTransactionDomain135442772025-12-31RelatedPartyTransactionDomain135442772026-03-31RelatedPartyTransactionDomain135442772026-01-012026-03-31RelatedPartyTransactionDomain145442772025-12-31RelatedPartyTransactionDomain145442772026-03-31RelatedPartyTransactionDomain145442772026-01-012026-03-31RelatedPartyTransactionDomain155442772025-12-31RelatedPartyTransactionDomain155442772026-03-31RelatedPartyTransactionDomain155442772026-01-012026-03-31RelatedPartyTransactionDomain165442772025-12-31RelatedPartyTransactionDomain165442772026-03-31RelatedPartyTransactionDomain165442772026-01-012026-03-31RelatedPartyTransactionDomain175442772025-12-31RelatedPartyTransactionDomain175442772026-03-31RelatedPartyTransactionDomain175442772026-01-012026-03-31RelatedPartyTransactionDomain185442772025-12-31RelatedPartyTransactionDomain185442772026-03-31RelatedPartyTransactionDomain185442772026-01-012026-03-31RelatedPartyTransactionDomain195442772025-12-31RelatedPartyTransactionDomain195442772026-03-31RelatedPartyTransactionDomain195442772026-01-012026-03-31RelatedPartyTransactionDomain205442772025-12-31RelatedPartyTransactionDomain205442772026-03-31RelatedPartyTransactionDomain205442772026-01-012026-03-31RelatedPartyTransactionDomain215442772025-12-31RelatedPartyTransactionDomain215442772026-03-31RelatedPartyTransactionDomain215442772026-01-012026-03-31RelatedPartyTransactionDomain225442772025-12-31RelatedPartyTransactionDomain225442772026-03-31RelatedPartyTransactionDomain225442772026-01-012026-03-31RelatedPartyTransactionDomain235442772025-12-31RelatedPartyTransactionDomain235442772026-03-31RelatedPartyTransactionDomain235442772026-01-012026-03-31RelatedPartyTransactionDomain245442772025-12-31RelatedPartyTransactionDomain245442772026-03-31RelatedPartyTransactionDomain245442772026-01-012026-03-31RelatedPartyTransactionDomain255442772025-12-31RelatedPartyTransactionDomain255442772026-03-31RelatedPartyTransactionDomain255442772026-01-012026-03-31RelatedPartyTransactionDomain265442772025-12-31RelatedPartyTransactionDomain265442772026-03-31RelatedPartyTransactionDomain265442772026-01-012026-03-31RelatedPartyTransactionDomain275442772025-12-31RelatedPartyTransactionDomain275442772026-03-31RelatedPartyTransactionDomain275442772026-01-012026-03-31RelatedPartyTransactionDomain285442772025-12-31RelatedPartyTransactionDomain285442772026-03-31RelatedPartyTransactionDomain285442772026-01-012026-03-31RelatedPartyTransactionDomain295442772025-12-31RelatedPartyTransactionDomain295442772026-03-31RelatedPartyTransactionDomain295442772026-01-012026-03-31RelatedPartyTransactionDomain305442772025-12-31RelatedPartyTransactionDomain305442772026-03-31RelatedPartyTransactionDomain305442772026-01-012026-03-31RelatedPartyTransactionDomain315442772025-12-31RelatedPartyTransactionDomain315442772026-03-31RelatedPartyTransactionDomain315442772026-01-012026-03-31RelatedPartyTransactionDomain325442772025-12-31RelatedPartyTransactionDomain325442772026-03-31RelatedPartyTransactionDomain325442772026-01-012026-03-31RelatedPartyTransactionDomain335442772025-12-31RelatedPartyTransactionDomain335442772026-03-31RelatedPartyTransactionDomain335442772026-01-012026-03-31RelatedPartyTransactionDomain345442772025-12-31RelatedPartyTransactionDomain345442772026-03-31RelatedPartyTransactionDomain345442772026-01-012026-03-31RelatedPartyTransactionDomain355442772025-12-31RelatedPartyTransactionDomain355442772026-03-31RelatedPartyTransactionDomain355442772026-01-012026-03-31RelatedPartyTransactionDomain365442772025-12-31RelatedPartyTransactionDomain365442772026-03-31RelatedPartyTransactionDomain365442772026-01-012026-03-31RelatedPartyTransactionDomain375442772025-12-31RelatedPartyTransactionDomain375442772026-03-31RelatedPartyTransactionDomain375442772026-01-012026-03-31RelatedPartyTransactionDomain385442772025-12-31RelatedPartyTransactionDomain385442772026-03-31RelatedPartyTransactionDomain385442772026-01-012026-03-31RelatedPartyTransactionDomain395442772025-12-31RelatedPartyTransactionDomain395442772026-03-31RelatedPartyTransactionDomain395442772026-01-012026-03-31RelatedPartyTransactionDomain405442772025-12-31RelatedPartyTransactionDomain405442772026-03-31RelatedPartyTransactionDomain405442772026-01-012026-03-31RelatedPartyTransactionDomain415442772025-12-31RelatedPartyTransactionDomain415442772026-03-31RelatedPartyTransactionDomain415442772026-01-012026-03-31RelatedPartyTransactionDomain425442772025-12-31RelatedPartyTransactionDomain425442772026-03-31RelatedPartyTransactionDomain425442772026-01-012026-03-31RelatedPartyTransactionDomain435442772025-12-31RelatedPartyTransactionDomain435442772026-03-31RelatedPartyTransactionDomain435442772026-01-012026-03-31RelatedPartyTransactionDomain445442772025-12-31RelatedPartyTransactionDomain445442772026-03-31RelatedPartyTransactionDomain445442772026-01-012026-03-31RelatedPartyTransactionDomain455442772025-12-31RelatedPartyTransactionDomain455442772026-03-31RelatedPartyTransactionDomain455442772026-01-012026-03-31RelatedPartyTransactionDomain465442772025-12-31RelatedPartyTransactionDomain465442772026-03-31RelatedPartyTransactionDomain465442772026-01-012026-03-31RelatedPartyTransactionDomain475442772025-12-31RelatedPartyTransactionDomain475442772026-03-31RelatedPartyTransactionDomain475442772026-01-012026-03-31RelatedPartyTransactionDomain485442772025-12-31RelatedPartyTransactionDomain485442772026-03-31RelatedPartyTransactionDomain485442772026-01-012026-03-31RelatedPartyTransactionDomain495442772025-12-31RelatedPartyTransactionDomain495442772026-03-31RelatedPartyTransactionDomain495442772026-01-012026-03-31RelatedPartyTransactionDomain505442772025-12-31RelatedPartyTransactionDomain505442772026-03-31RelatedPartyTransactionDomain505442772026-01-012026-03-31RelatedPartyTransactionDomain515442772025-12-31RelatedPartyTransactionDomain515442772026-03-31RelatedPartyTransactionDomain515442772026-01-012026-03-31RelatedPartyTransactionDomain525442772025-12-31RelatedPartyTransactionDomain525442772026-03-31RelatedPartyTransactionDomain525442772026-01-012026-03-31RelatedPartyTransactionDomain535442772025-12-31RelatedPartyTransactionDomain535442772026-03-31RelatedPartyTransactionDomain535442772026-01-012026-03-31RelatedPartyTransactionDomain545442772025-12-31RelatedPartyTransactionDomain545442772026-03-31RelatedPartyTransactionDomain545442772026-01-012026-03-31RelatedPartyTransactionDomain555442772025-12-31RelatedPartyTransactionDomain555442772026-03-31RelatedPartyTransactionDomain555442772026-01-012026-03-31RelatedPartyTransactionDomain565442772025-12-31RelatedPartyTransactionDomain565442772026-03-31RelatedPartyTransactionDomain565442772026-01-012026-03-31RelatedPartyTransactionDomain575442772025-12-31RelatedPartyTransactionDomain575442772026-03-31RelatedPartyTransactionDomain575442772026-01-012026-03-31RelatedPartyTransactionDomain585442772025-12-31RelatedPartyTransactionDomain585442772026-03-31RelatedPartyTransactionDomain585442772026-01-012026-03-31RelatedPartyTransactionDomain595442772025-12-31RelatedPartyTransactionDomain595442772026-03-31RelatedPartyTransactionDomain595442772026-01-012026-03-31RelatedPartyTransactionDomain605442772025-12-31RelatedPartyTransactionDomain605442772026-03-31RelatedPartyTransactionDomain605442772026-01-012026-03-31RelatedPartyTransactionDomain615442772025-12-31RelatedPartyTransactionDomain615442772026-03-31RelatedPartyTransactionDomain615442772026-01-012026-03-31RelatedPartyTransactionDomain625442772025-12-31RelatedPartyTransactionDomain625442772026-03-31RelatedPartyTransactionDomain625442772026-01-012026-03-31RelatedPartyTransactionDomain635442772025-12-31RelatedPartyTransactionDomain635442772026-03-31RelatedPartyTransactionDomain635442772026-01-012026-03-31RelatedPartyTransactionDomain645442772025-12-31RelatedPartyTransactionDomain645442772026-03-31RelatedPartyTransactionDomain645442772026-01-012026-03-31RelatedPartyTransactionDomain655442772025-12-31RelatedPartyTransactionDomain655442772026-03-31RelatedPartyTransactionDomain655442772026-01-012026-03-31RelatedPartyTransactionDomain665442772025-12-31RelatedPartyTransactionDomain665442772026-03-31RelatedPartyTransactionDomain665442772026-01-012026-03-31RelatedPartyTransactionDomain675442772025-12-31RelatedPartyTransactionDomain675442772026-03-31RelatedPartyTransactionDomain675442772026-01-012026-03-31RelatedPartyTransactionDomain685442772025-12-31RelatedPartyTransactionDomain685442772026-03-31RelatedPartyTransactionDomain685442772026-01-012026-03-31RelatedPartyTransactionDomain695442772025-12-31RelatedPartyTransactionDomain695442772026-03-31RelatedPartyTransactionDomain695442772026-01-012026-03-31RelatedPartyTransactionDomain705442772025-12-31RelatedPartyTransactionDomain705442772026-03-31RelatedPartyTransactionDomain705442772026-01-012026-03-31RelatedPartyTransactionDomain715442772025-12-31RelatedPartyTransactionDomain715442772026-03-31RelatedPartyTransactionDomain715442772026-01-012026-03-31RelatedPartyTransactionDomain725442772025-12-31RelatedPartyTransactionDomain725442772026-03-31RelatedPartyTransactionDomain725442772026-01-012026-03-31RelatedPartyTransactionDomain735442772025-12-31RelatedPartyTransactionDomain735442772026-03-31RelatedPartyTransactionDomain735442772026-01-012026-03-31RelatedPartyTransactionDomain745442772025-12-31RelatedPartyTransactionDomain745442772026-03-31RelatedPartyTransactionDomain745442772026-01-012026-03-31RelatedPartyTransactionDomain755442772025-12-31RelatedPartyTransactionDomain755442772026-03-31RelatedPartyTransactionDomain755442772026-01-012026-03-31RelatedPartyTransactionDomain765442772025-12-31RelatedPartyTransactionDomain765442772026-03-31RelatedPartyTransactionDomain765442772026-01-012026-03-31RelatedPartyTransactionDomain775442772025-12-31RelatedPartyTransactionDomain775442772026-03-31RelatedPartyTransactionDomain775442772026-01-012026-03-31RelatedPartyTransactionDomain785442772025-12-31RelatedPartyTransactionDomain785442772026-03-31RelatedPartyTransactionDomain785442772026-01-012026-03-31RelatedPartyTransactionDomain795442772025-12-31RelatedPartyTransactionDomain795442772026-03-31RelatedPartyTransactionDomain795442772026-01-012026-03-31RelatedPartyTransactionDomain805442772025-12-31RelatedPartyTransactionDomain805442772026-03-31RelatedPartyTransactionDomain805442772026-01-012026-03-31RelatedPartyTransactionDomain815442772025-12-31RelatedPartyTransactionDomain815442772026-03-31RelatedPartyTransactionDomain815442772026-01-012026-03-31RelatedPartyTransactionDomain825442772025-12-31RelatedPartyTransactionDomain825442772026-03-31RelatedPartyTransactionDomain825442772026-01-012026-03-31RelatedPartyTransactionDomain835442772025-12-31RelatedPartyTransactionDomain835442772026-03-31RelatedPartyTransactionDomain835442772026-01-012026-03-31RelatedPartyTransactionDomain845442772025-12-31RelatedPartyTransactionDomain845442772026-03-31RelatedPartyTransactionDomain845442772026-01-012026-03-31RelatedPartyTransactionDomain855442772025-12-31RelatedPartyTransactionDomain855442772026-03-31RelatedPartyTransactionDomain855442772026-01-012026-03-31RelatedPartyTransactionDomain865442772025-12-31RelatedPartyTransactionDomain865442772026-03-31RelatedPartyTransactionDomain865442772026-01-012026-03-31RelatedPartyTransactionDomain875442772025-12-31RelatedPartyTransactionDomain875442772026-03-31RelatedPartyTransactionDomain875442772026-01-012026-03-31RelatedPartyTransactionDomain885442772025-12-31RelatedPartyTransactionDomain885442772026-03-31RelatedPartyTransactionDomain885442772026-01-012026-03-31RelatedPartyTransactionDomain895442772025-12-31RelatedPartyTransactionDomain895442772026-03-31RelatedPartyTransactionDomain895442772026-01-012026-03-31RelatedPartyTransactionDomain905442772025-12-31RelatedPartyTransactionDomain905442772026-03-31RelatedPartyTransactionDomain905442772026-01-012026-03-31RelatedPartyTransactionDomain915442772025-12-31RelatedPartyTransactionDomain915442772026-03-31RelatedPartyTransactionDomain915442772026-01-012026-03-31RelatedPartyTransactionDomain925442772025-12-31RelatedPartyTransactionDomain925442772026-03-31RelatedPartyTransactionDomain925442772026-01-012026-03-31RelatedPartyTransactionDomain935442772025-12-31RelatedPartyTransactionDomain935442772026-03-31RelatedPartyTransactionDomain935442772026-01-012026-03-31RelatedPartyTransactionDomain945442772025-12-31RelatedPartyTransactionDomain945442772026-03-31RelatedPartyTransactionDomain945442772026-01-012026-03-31RelatedPartyTransactionDomain955442772025-12-31RelatedPartyTransactionDomain955442772026-03-31RelatedPartyTransactionDomain955442772026-01-012026-03-31RelatedPartyTransactionDomain965442772025-12-31RelatedPartyTransactionDomain965442772026-03-31RelatedPartyTransactionDomain965442772026-01-012026-03-31RelatedPartyTransactionDomain975442772025-12-31RelatedPartyTransactionDomain975442772026-03-31RelatedPartyTransactionDomain975442772026-01-012026-03-31RelatedPartyTransactionDomain985442772025-12-31RelatedPartyTransactionDomain985442772026-03-31RelatedPartyTransactionDomain985442772026-01-012026-03-31RelatedPartyTransactionDomain995442772025-12-31RelatedPartyTransactionDomain995442772026-03-31RelatedPartyTransactionDomain995442772026-01-012026-03-31RelatedPartyTransactionDomain1005442772025-12-31RelatedPartyTransactionDomain1005442772026-03-31RelatedPartyTransactionDomain1005442772026-01-012026-03-31RelatedPartyTransactionDomain1015442772025-12-31RelatedPartyTransactionDomain1015442772026-03-31RelatedPartyTransactionDomain1015442772026-01-012026-03-31RelatedPartyTransactionDomain1025442772025-12-31RelatedPartyTransactionDomain1025442772026-03-31RelatedPartyTransactionDomain1025442772026-01-012026-03-31RelatedPartyTransactionDomain1035442772025-12-31RelatedPartyTransactionDomain1035442772026-03-31RelatedPartyTransactionDomain1035442772026-01-012026-03-31RelatedPartyTransactionDomain1045442772025-12-31RelatedPartyTransactionDomain1045442772026-03-31RelatedPartyTransactionDomain1045442772026-01-012026-03-31RelatedPartyTransactionDomain1055442772025-12-31RelatedPartyTransactionDomain1055442772026-03-31RelatedPartyTransactionDomain1055442772026-01-012026-03-31RelatedPartyTransactionDomain1065442772025-12-31RelatedPartyTransactionDomain1065442772026-03-31RelatedPartyTransactionDomain1065442772026-01-012026-03-31AuditorDomain15442772026-03-31Statement15442772026-01-012026-03-31Statement15442772026-03-31StatementDynamic1I1Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares544277WAAREEENERNOTLISTEDINE377N01017Waaree Energies LimitedMain BoardEquity2025-04-012026-03-312026-04-292026-04-21INRCroresQuarterlyFourth quarterSingle segmentManufacturing of Solar Modules2026-04-2915:00:002026-04-2918:30:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2026-03-24https://www.waaree.com/investor/policies/true1falseThere is no default on Loans and no debt Securities applicable to the company2026-01-012026-03-31AuditedStandalone67478000000230450000069782500000481818000003030500000-34507000007622000003115000001987800000686610000057689200000120933000000120933000002360500000397200000275770000009335600000000093356000004800000934040000028765000001032.4532.420032.4532.422025-04-012026-03-31AuditedStandalone209905100000138707000002237758000001375838000005935100000-99516000003347400000198600000070672000002517910000017114700000052628800000-2947800000496810000001110830000094810000012056400000037624600000000037624600000-80000037623800000287650000010128420100000130.88130.6200130.88130.62Other Manufacturing and engineering, procurement and construction(EPC) Projrect Expenses3119600000Sales admin and other expense3746500000Other Manufacturing and engineering, procurement and construction(EPC) Projrect Expenses9131400000Sales admin and other expense16047700000411931000007014200000176060000003770000000028123400000041446300000343500000699132000001317300000121236100000393410000001348000001929630000018782000003888760000001051510000070712000000011005300000000231289100000287650000012842010000013129660000013129660000024463000000001748300000419460000023120000008734000003162600000105426000001575610000085670000022302600000231593000009818400000487338000003546870000028168000002430600000894499000000099992500000231289100000Security deposit156700000Other financial asset186800000Income tax asset737000000Other non-current assets580300000Other financial assets3171500000Other current assets7343600000Lease Liabilities1748300000Other non-current liabilities3162600000Lease liabilities196900000Supplier's Credit/ Letter of Credit-acceptances4464400000Other financial liabilities5157100000Other current liabilities354687000000-16271200000-12738000000000-84400000-225520000006053200000013459000000706720000001724700000937200000-673960000006760000000148500000-77000000-11160900000000-319127000001776830000000010719400000070489000005320300000259821000000000004740000089778000003442190000034284200000000000000323635000000280141000006721300000000478110000000-1360270000000267000000000062565200000547864000004574000007521000001495100000005100900000-1452900000106000000-134690000032251000001878200000Remeasurement of the net defined benefit liability / asset64000006400000Remeasurement of the net defined benefit liability / asset-1000000-10000001600000-2000004800000-800000Waaree Energies Limited******Waaree Renewable Technologies Limited******SubsidiarySale of goods or services20000000000Not Applicable67044000001012000004753700000Waaree Energies Limited******Waaree Renewable Technologies Limited******SubsidiaryPurchase of goods or services5000000000Not Applicable462800000907600000-35300000Waaree Energies Limited******Waaree Renewable Technologies Limited******SubsidiaryAny other transactionReimbursement of Expenses30000000Not Applicable2500000907600000-35300000Waaree Energies Limited******Waaree Renewable Technologies Limited******SubsidiaryInter-corporate deposit1000000000Not Applicable8800000000616100000Inter-corporate deposit0.15UnsecuredBusinessLoan include accured interestWaaree Energies Limited******Waaree Green Aluminium Private Limited (formerly Blue Rays Solar Private Limited)******SubsidiaryInter-corporate deposit500000000Not Applicable22500000198000002700000Inter-corporate deposit0.15UnsecuredBusinessLoan include accured interestWaaree Energies Limited******Waaree Solar Americas Inc******SubsidiarySale of goods or services3000000000Not Applicable19663000007304000001989900000Waaree Energies Limited******Waaree Solar Americas Inc******SubsidiaryPurchase of goods or services3500000000Not Applicable48500000-31300000-12200000Waaree Energies Limited******Waaree Solar Americas Inc******SubsidiaryInter-corporate deposit30300000Not Applicable08870000088700000Amount in USDWaaree Energies Limited******IndoSolar Limited******SubsidiarySale of goods or services5000000000Not Applicable7270000016420000028000000Waaree Energies Limited******IndoSolar Limited******SubsidiaryPurchase of goods or services5500000000Not Applicable25926000006510000002124100000Waaree Energies Limited******IndoSolar Limited******SubsidiaryInter-corporate deposit500000000Not Applicable200000000Inter-corporate deposit0.15UnsecuredBusinessLoan include accured interestWaaree Energies Limited******Waaneep Solar One Private Limited******SubsidiaryInter-corporate deposit1000000000Not Applicable162500000258000000437500000Inter-corporate deposit0.15UnsecuredBusinessLoan Including Accrued interest amountWaaree Energies Limited******Sangam Solar One Private Limited******SubsidiarySale of goods or services4500000000Not Applicable28259000002598000003223400000Waaree Energies Limited******Sangam Solar One Private Limited******SubsidiaryPurchase of goods or services6000000000Not Applicable4150700000380000072200000Waaree Energies Limited******Waaree Energy Storage Solutions Pvt Ltd (formerly known as Sangam Solar Two Pvt Ltd)******SubsidiaryPurchase of goods or services100000000Not Applicable016000001600000Waaree Energies Limited******Waaree Forever Energies Private Limited (formerly known as Sangam Solar Four Pvt Ltd)******SubsidiaryAny other transactionReimbursement of Expenses10000000Not Applicable150000029000000Waaree Energies Limited******Waaree Power Private Limited******SubsidiaryInter-corporate deposit1000000000Not Applicable051260000031200000Inter-corporate deposit0.15UnsecuredBusinessLoan include accured interestWaaree Energies Limited******Waaree India Foundation******SubsidiaryAny other transactionDonation800000000Not Applicable6680000000Waaree Energies Limited******Waaree Technologies Limited******Enterprises owned or significantly influenced by   Key Management Personnel and / or their RelativesSale of goods or services50000000Not Applicable4100000-300000-100000Waaree Energies Limited******Waaree Technologies Limited******Enterprises owned or significantly influenced by   Key Management Personnel and / or their RelativesPurchase of goods or services50000000Not Applicable3000000300000Waaree Energies Limited******Waaree Technologies Limited******Enterprises owned or significantly influenced by   Key Management Personnel and / or their RelativesInter-corporate deposit40000000Not Applicable04200000043600000Inter-corporate deposit0.15UnsecuredBusinessLoan include accured interestWaaree Energies Limited******Waaree Upcycle Private Limited (Waa Motors and Pumps Private Limited)******Enterprises owned or significantly influenced by   Key Management Personnel and / or their RelativesSale of goods or services50000000Not Applicable0-2900000-4100000Waaree Energies Limited******Waaree Upcycle Private Limited (Waa Motors and Pumps Private Limited)******Enterprises owned or significantly influenced by   Key Management Personnel and / or their RelativesPurchase of goods or services5000000Not Applicable0-1000000Waaree Energies Limited******Shri Chimanlal Tribhuvandas Doshi Family Charitable Trust******Enterprises owned or significantly influenced by   Key Management Personnel and / or their RelativesSale of goods or services1400000Not Applicable70000000Waaree Energies Limited******ITEC Measures Private Limited****** Enterprises owned or significantly influenced by Key Management Personnel and / or their RelativesPurchase of goods or services5000000Not Applicable10000000Waaree Energies Limited******Sangam Solar One Private Limited******SubsidiaryInter-corporate deposit38352900000Not Applicable36768000001423640000017932400000Inter-corporate deposit0.15UnsecuredBusinessWaaree Energies Limited******Sangam Solar One Private Limited******SubsidiaryInvestment38352900000Not Applicable152500000000152500000000.001% OCRPSWaaree Energies Limited******Sangam Solar One Private Limited******SubsidiaryInvestment38352900000Not Applicable9999000001000001000000000Equiry Share CapitalWaaree Energies Limited******Waaree Energy Storage Solutions Private Limited******SubsidiaryInter-corporate deposit14000000000Not Applicable027308000000Inter-corporate deposit0.15UnsecuredBusinessLoan include accrued interestWaaree Energies Limited******Waaree Energy Storage Solutions Private Limited******SubsidiaryInvestment14000000000Not Applicable150000000030001000004500100000Call money on Equiry Share CapitalWaaree Energies Limited******Waaree Forever Energies Private Limited******SubsidiaryInter-corporate deposit15000000000Not Applicable442320000047463000009422700000Inter-corporate deposit0.15UnsecuredBusinessLoan include accrued interestWaaree Energies Limited******SGP Industrial Infrastructure Private Limited (formerly Waaree Renewables Private Limited)******Enterprises owned or significantly influenced by   Key Management Personnel and / or their RelativesPurchase of goods or services442000000Not Applicable028000002800000Waaree Energies Limited******Waaree Clean Energy Solutions Private Limited (formerly Sangam Solar Three Private Limited)******SubsidiaryInter-corporate deposit3250000000Not Applicable75650000018018000002656800000Inter-corporate deposit0.15UnsecuredBusinessLoan include accrued interestWaaree Energies Limited******Waaree Power Private Limited******SubsidiaryInvestment600000000Not Applicable53200000005320000000.001% OCRPSWaaree Energies Limited******Waaree Upcycle Private Limited (Formerly know as Waa Motors And Pumps Private Limited) ******Enterprises owned or significantly influenced by   Key Management Personnel and / or their RelativesSale of goods or services180000000Not Applicable2330000029000004100000Waaree Energies Limited******Waaree Renewable Technologies Limited******SubsidiaryAny other transactionLease Rent30800000Not Applicable16500000907600000-35300000Waaree Energies Limited******Waaree Renewable Technologies Limited******SubsidiaryAny other transactionSecurity Deposit2100000Not Applicable021000002100000Security DepositWaaree Energies Limited******Sudarshan Aluminium India Limited ******Enterprises owned or significantly influenced by Key Management Personnel and / or their Relatives Purchase of goods or services4000000000Not Applicable72400000126000007200000Waaree Energies Limited******Sudarshan Aluminium India Limited ******Enterprises owned or significantly influenced by Key Management Personnel and / or their Relatives Sale of goods or services250000000Not Applicable124000000100000Waaree Energies Limited******Waaree Energies Middle East FZE******SubsidiaryLoan500000Not Applicable0500000500000In AEDWaaree Energies Limited******Sperry Limited******Promoter Group CompanyPurchase of goods or services1000000000Not Applicable73700000034800000Waaree Energies Limited******Waaree Power Private Limited******SubsidiaryAny other transactionSale of Fixed assets2000000Not Applicable200000002400000Waaree Energies Limited******Waaree Power Private Limited******SubsidiaryPurchase of goods or services2000000000Not Applicable593600000-2361000004800000Waaree Energies Limited******Waa Cables Private Limited******Enterprises owned or significantly influenced by Key Management Personnel and / or their Relatives Purchase of goods or services850000000Not Applicable9000002000000Waaree Energies Limited******Waaree Clean Energy Solutions Private Limited (formerly Sangam Solar Three Private Limited)******SubsidiaryPurchase of goods or services500000000Not Applicable399000001070000018400000Waaree Energies Limited******Waaree Clean Energy Solutions Private Limited (formerly Sangam Solar Three Private Limited)******SubsidiaryInvestment1750000000Not Applicable250000000100000250100000Investment in Equity sharesWaaree Energies Limited******Waaree Clean Energy Solutions Private Limited (formerly Sangam Solar Three Private Limited)******SubsidiaryAny other transactionSale of Fixed assets15000000Not Applicable12600000012600000Waaree Energies Limited******Waaree Green Glass private Limited (formerly known as Impactgrid Renewables Private Limited)******SubsidiaryInter-corporate deposit2000000000Not Applicable116400000001202500000Loan include accrued interestWaaree Energies Limited******Waaree Green Glass private Limited (formerly known as Impactgrid Renewables Private Limited)******SubsidiaryInvestment2000000000Not Applicable8300000000830100000Investment in Eq SharesWaaree Energies Limited******Waaree Green Glass private Limited (formerly known as Impactgrid Renewables Private Limited)******SubsidiaryInvestment13650000000Not Applicable120000000001200000000Investment in 0.001% OCRPSWaaree Energies Limited******Waaree Transpower Private Limited (formerly Kotsons Private Limited)******SubsidiaryAdvance20000000Not Applicable220000001700000Capital AdvanceWaaree Energies Limited******Waaree Power Private Limited******SubsidiarySale of goods or services150000000Not Applicable10000002400000Waaree Energies Limited******Waaree Power Private Limited******SubsidiaryInvestment500000000Not Applicable500000000100000500100000Investment in Equity SharesWaaree Energies Limited******Waaree Forever Energies Private Limited******SubsidiaryAny other transactionPurchase of Investment100000Not Applicable10000029000000Investment in Equity Shares-Waaree Green Glass Private Limited (formerly known as Waaree Energies Limited acquired Impactgid Renewables Private Limited from Waaree Forever Energies Private Limited)Waaree Energies Limited******IndoSolar Limited******SubsidiaryAny other transactionInterest Income0Not Applicable10000000Waaree Energies Limited******Sangam Solar One Private Limited******SubsidiaryAny other transactionInterest Income0Not Applicable78500000000Waaree Energies Limited******Waaree Energy Storage Solutions Pvt Ltd (formerly known as Sangam Solar Two Pvt Ltd)******SubsidiaryAny other transactionInterest Income0Not Applicable7200000000Waaree Energies Limited******Waaree Clean Energy Solutions Private Limited (formerly Sangam Solar Three Private Limited)******SubsidiaryAny other transactionInterest Income0Not Applicable11360000000Waaree Energies Limited******Waaree Forever Energies Private Limited (formerly known as Sangam Solar Four Pvt Ltd)******SubsidiaryAny other transactionInterest Income0Not Applicable30350000000Waaree Energies Limited******Waaneep Solar One Private Limited******SubsidiaryAny other transactionInterest Income0Not Applicable1920000000Waaree Energies Limited******Waaree Power Private Limited******SubsidiaryAny other transactionInterest Income0Not Applicable2190000000Waaree Energies Limited******Waaree Green Aluminium Private Limited (formerly Blue Rays Solar Private Limited)******SubsidiaryAny other transactionInterest Income0Not Applicable50000000Waaree Energies Limited******Waaree Technologies Limited****** Enterprises owned or significantly influenced by Key Management Personnel and / or their RelativesAny other transactionInterest Income0Not Applicable200000000Waaree Energies Limited******Waaree Green Glass private Limited (formerly known as Impactgrid Renewables Private Limited)******SubsidiaryAny other transactionInterest Income0Not Applicable4270000000Waaree Energies Limited******Waaree Renewable Technologies Limited******SubsidiaryAny other transactionInterest Income0Not Applicable1790000000Waaree Energies Limited******Waaree Solar Americas Inc******SubsidiaryAny other transactionInterest Income0Not Applicable390000000Amount in USDWaaree Energies Limited******Waaree Energies Middle East FZE******SubsidiaryAny other transactionInterest Income0Not Applicable000Amount in AEDWaaree Energies Limited******IndoSolar Limited******SubsidiaryAny other transactionInterest Income0Not Applicable970000000Waaree Energies Limited******Waaree Green Aluminium Private Limited (formerly Blue Rays Solar Private Limited)******SubsidiarySale of goods or services0Not Applicable01060000010600000Waaree Clean Energy Solutions Private Limited******Waaree Energies Middle East FZE******Fellow SubsidiaryPurchase of fixed assets0Since the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 29700000007400000Waaree Clean Energy Solutions Private Limited******Sangam Solar One Private Limited******Fellow SubsidiaryPurchase of fixed assets0Since the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 18220000000Waaree Clean Energy Solutions Private Limited******Sangam Solar One Private Limited******Fellow SubsidiarySale of goods or services0Since the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 11066000000595900000Waaree Clean Energy Solutions Private Limited******Sangam Solar One Private Limited******Fellow SubsidiaryPurchase of goods or services0Since the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 11000000013000000Waaree Clean Energy Solutions Private Limited******Itec Measures Pvt Ltd****** Enterprises owned or significantly influenced by Key Management Personnel and / or their RelativesPurchase of goods or services1000000Not Applicable10000000Waaree Power Private limited******WAAREE RENEWABLE TECHNOLOGIES LIMITED******Fellow SubsidiarySale of goods or services700000000Approved216500000030800000Waaree Power Private limited******SGP INDUSTRIAL INFRASTRUCTURE PRIVATE LIMITED******Enterprises owned or significantly influenced by Key Management Personnel and / or their RelativesPurchase of fixed assets192100000Approved01921000000Waaree Power Private limited******Waaree Smart meter Private Limited******SubsidiaryInvestment532000000Approved5320000000532000000Investment in Equity SharesSangam Solar One Private Limited******ITEC MEASURES PVT LTD******Enterprises owned or significantly influenced by   Key Management Personnel and / or their RelativesPurchase of fixed assets1000000Approved10000000Sangam Solar One Private Limited******Waaree Transpower Private Limited (formerly Kotsons Private Limited)******Fellow SubsidiaryPurchase of fixed assets220000000Approved176200000040800000Sangam Solar One Private Limited******Sperry Energy Dynamics Private******Promoter Group CompanyPurchase of goods or services600000000Approved2900000000Sangam Solar One Private Limited******SUDARSHAN ALLUMINIUM INDIA LIMITED******Fellow SubsidiaryPurchase of goods or services2000000000Approved20420000000Waaree Energy Storage Solutions Private Limited******Sgp Industrial Infrastructure Private Limited******Common ControlAdvance2610000000Approved2500000000250000000Waaree Energy Storage Solutions Private Limited******Sgp Industrial Infrastructure Private Limited******Common ControlPurchase of fixed assets2610000000Approved011400000000Waaree Forever Energies Private Limited******Waaneep Solar One Private Limited******Fellow SubsidiaryInter-corporate depositSince the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 0130300000130300000Waaree Forever Energies Private Limited******Green New Delhi Forever Energy Private Limited******Step down subsidiary companyInter-corporate depositSince the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 18800000150000020300000Waaree Forever Energies Private Limited******Sunbreeze Ninth Cloud Private Limited******Step down subsidiary companyInter-corporate depositSince the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 33300000033300000Waaree Forever Energies Private Limited******Waaneep Solar One Private Limited******Fellow SubsidiaryAny other transactionLease RentalSince the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 190000000Waaree Forever Energies Private Limited******Green New Delhi Forever Energy Private Limited******Step down subsidiary companyAny other transactionReimbursement of ExpensesSince the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 50000000Waaree Forever Energies Private Limited******Waaree Renewables Technologies Ltd******Fellow SubsidiaryAny other transactionReimbursement of Expenses4000000Not Applicable027000000Waaree Forever Energies Private Limited******Waaree Renewables Technologies Ltd******Fellow SubsidiaryPurchase of goods or services30000000000Not Applicable6023000000-857900000Waaree Forever Energies Private Limited******Solaris Horizon Energy Private Limited******Step down subsidiary companyInter-corporate depositSince the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 670000006700000Waaree Forever Energies Private Limited******Waaree Forever Energies Three Private Limited******Step down subsidiary companyInter-corporate depositSince the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 200000002000000Waaree Forever Energies Private Limited******Waaree Forever Energies Five Private Limited******Step down subsidiary companyInter-corporate depositSince the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 110000001100000Waaree Green Aluminium Pvt. Ltd.******SGP Industrial Infrastructure Private Limited******Common ControlInter-corporate deposit0Not Applicable01295000000Waaneep Solar One Private Limited******Waaree Forever Energies Private Limited******Fellow SubsidiaryInter-corporate deposit0Since the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 0130300000130300000Waaneep Solar One Private Limited******Waaree Forever Energies Private Limited******Fellow SubsidiaryAny other transactionLease Rent0Since the transaction is between two Wholly Owned Subsidiary, Audit Committee Approval is not required as per Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 190000000Waaree Green Aluminium Pvt. Ltd.******SGP Industrial Infrastructure Private Limited******Common ControlAny other transactionInterest Income0Not Applicable690000000Waaree Forever Energies Private Limited******Waaneep Solar One Private Limited******Fellow CompanyAny other transactionInterest Income0Not Applicable1300000000Waaree Forever Energies Private Limited******Green New Delhi Forever Energy Private Limited******Step down subsidiary companyAny other transactionInterest Income0Not Applicable50000000Waaree Forever Energies Private Limited******Sunbreeze Ninth Cloud Private Limited******Step down subsidiary companyAny other transactionInterest Income0Not Applicable50000000Waaree Forever Energies Private Limited******Solaris Horizon Energy Private Limited******Step down subsidiary companyAny other transactionInterest Income0Not Applicable000Waaree Forever Energies Private Limited******Waaree Forever Energies Three Private Limited******Step down subsidiary companyAny other transactionInterest Income0Not Applicable000Waaree Forever Energies Private Limited******Waaree Forever Energies Five Private Limited******Step down subsidiary companyAny other transactionInterest Income0Not Applicable000Waaree Energies Limited******Dhari Solar Park Private Limited******Enterprises owned or significantly influenced by Key Management Personnel and / or their RelativesInterest received143500000Not Applicable14350000010500000000Waaree Energies Limited******Hitesh Doshi******Chairman and Managing DirectorAny other transactionRemuneration49400000Not Applicable4940000000Waaree Energies Limited******Viren Doshi******Whole Time DirectorAny other transactionRemuneration34200000Not Applicable342000000057212400000AuditedtrueSRBC & CO LLPtrue2029-02-28Public Issues2024-10-28360000000002026-03-31trueCARE EDGE RATINGStruetrue2025-08-01Change in Project Location from Orissa to Gujrat and MaharashtraNo CommentsNo CommentsRajesh Ghanshyam GaurCompany Secretary and Compliance OfficerMumbai2026-04-29Project location as mentioned in Prospectus was OrissaProject location changed from Orissa to Gujrat and Maharashtra904995000009049580000022278000000