StockWatch
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Power Generation
Subsidiary14 Sept 2026, 07:30 pm

Waaree Renewable Tech Incorporates New Data Center Subsidiary

AI Summary

Waaree Renewable Technologies Ltd announced the incorporation of a new wholly-owned subsidiary, Aurovault Data Centers Private Limited, on September 14, 2026. This subsidiary was established by Waaree Green Data Centers Private Limited, itself a wholly-owned subsidiary of Waaree Renewable Technologies. The new entity aims to establish, develop, and operate data centers, including hyperscale, AI-ready, and edge data centers, along with providing various digital infrastructure services. As a newly incorporated company, Aurovault Data Centers has a turnover of Nil and is yet to commence business operations. The incorporation is part of the company's expansion into the data center business.

Key Highlights

  • Waaree Renewable Tech's subsidiary incorporated Aurovault Data Centers Pvt Ltd.
  • New entity to focus on data center development and operations.
  • Aurovault Data Centers has a turnover of Nil, operations yet to commence.
  • Incorporation is a strategic move into the digital infrastructure sector.