StockWatch
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Other Electrical Equipment
Subsidiary24 Jun 2026, 06:50 pm

Waaree Energies Subsidiary Deregistered in Australia

AI Summary

Waaree Energies Ltd. has announced the deregistration of its wholly owned subsidiary, Waaree Renewable Energies Australia PTY Limited, by the Australian Securities & Investments Commission on June 10, 2026. The subsidiary has consequently ceased to be a wholly owned subsidiary of the company. The Australian entity was dormant, and its contribution to turnover, revenue, income, and net worth for the last financial year (2025-26) was NIL. No sale agreement or consideration was involved as the deregistration was an administrative action.

Key Highlights

  • Waaree Energies' Australian subsidiary has been deregistered.
  • The subsidiary was dormant with NIL financial contribution.
  • Deregistration effective from June 10, 2026.
  • No sale or financial transaction involved.