StockWatch
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Other Electrical Equipment
Subsidiary6 Aug 2026, 06:50 pm

Waaree Energies Incorporates New Subsidiary for Mobility Solutions

AI Summary

Waaree Energies Ltd. has announced the incorporation of a new wholly-owned step-down subsidiary, WH Clean Mobility Systems Private Limited, on August 4, 2026. This new entity, established by Waaree Clean Energy Solutions Private Limited (a wholly-owned subsidiary of Waaree Energies), will focus on providing mobility solutions utilizing clean fuels and batteries. The company is newly incorporated and has a turnover of Nil. This move aligns with Waaree Energies' expansion into the hydrogen business and clean energy solutions.

Key Highlights

  • Waaree Energies incorporates WH Clean Mobility Systems Private Limited.
  • New subsidiary to focus on clean fuel and battery mobility solutions.
  • Entity is a step-down subsidiary, wholly owned by Waaree Clean Energy Solutions.
  • Expansion into the hydrogen business and clean energy sector.