Acquisitions27 Oct 2026, 08:20 pm
Waaree Energies Acquires Waaree Green Data Centers for ₹1 Lakh
AI Summary
Waaree Energies Limited announced the acquisition of 100% shareholding in Waaree Green Data Centers Private Limited (WGDCPL) and its two subsidiaries from its own subsidiary, Waaree Renewable Technologies Limited. The acquisition, valued at ₹1,00,000, is considered a related party transaction and is conducted on an arm's length basis. WGDCPL and its subsidiaries are involved in establishing and operating data centers and allied digital infrastructure. The company also approved its unaudited financial results for the quarter and half-year ended September 30, 2026, along with the limited review report.
Key Highlights
- Waaree Energies acquired 100% stake in Waaree Green Data Centers.
- Acquisition cost is ₹1,00,000 for 10,000 equity shares.
- Target entities are involved in data center and cloud services.
- Unaudited financial results for Q2 FY27 were approved.
- The transaction is a related party deal at arm's length.
Price Impact
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