
Waaree Energies Acquires Waaree Green Data Centers for ₹1 Lakh
Waaree Energies Limited has approved the acquisition of 100% shareholding in Waaree Green Data Centers Private Limited (WGDCPL) and its two subsidiaries, Aurovault Data Centers Private Limited and Sunstar Data Centers Private Limited. The acquisition is from its own subsidiary, Waaree Renewable Technologies Limited (WRTL), for a cash consideration of ₹1,00,000 (10,000 equity shares at face value of ₹10 each). WGDCPL and its subsidiaries are involved in establishing and operating data centers, including hyperscale and AI-edge data centers. Although this is a related party transaction, it is conducted on an arm's length basis and in the ordinary course of business. The target entities are yet to commence operations, and the acquisition is expected to be completed within the Financial Year 2026-27. The company also approved its unaudited financial results for the quarter and half-year ended September 30, 2026.
Key Highlights
- Waaree Energies acquires 100% stake in Waaree Green Data Centers and subsidiaries.
- Acquisition cost is ₹1,00,000 cash consideration.
- Target entities are focused on data center development and operations.
- Transaction is a related party deal, conducted at arm's length.
- Acquisition expected to complete in FY2026-27.
Price Impact
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