StockWatch
·
Other Electrical Equipment
Acquisitions30 Oct 2026, 08:40 pm

Waaree Energies Completes Acquisition of Waaree Green Data Centers

AI Summary

Waaree Energies Limited has successfully completed the acquisition of 100% equity stake in Waaree Green Data Centers Private Limited (WGDCPL) and its two wholly-owned subsidiaries. The total consideration for this acquisition was INR 1 lakh. Following this transaction, WGDCPL is now a wholly-owned subsidiary of Waaree Energies, effective from today. The company received the intimation of this acquisition on the same day. This move is expected to bolster Waaree Energies' presence in the data center sector.

Key Highlights

  • Waaree Energies acquired 100% stake in Waaree Green Data Centers.
  • Acquisition includes two wholly-owned subsidiaries of WGDCPL.
  • Total consideration for the acquisition was INR 1 lakh.
  • WGDCPL is now a wholly-owned subsidiary of Waaree Energies.
  • Transaction strengthens Waaree Energies' position in the data center market.