StockWatch
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Power Generation
Subsidiary12 Sept 2026, 12:00 pm

Waaree Renewable Technologies Incorporates New Data Center Subsidiary

AI Summary

Waaree Renewable Technologies Ltd announced the incorporation of its step-down wholly-owned subsidiary, Sunstar Data Centers Private Limited, on September 11, 2026. This new entity was established by Waaree Green Data Centers Private Limited, a wholly-owned subsidiary of Waaree Renewable Technologies. Sunstar Data Centers Private Limited will focus on establishing, developing, and operating data centers, including hyperscale, AI-ready, and edge data centers, along with providing related digital infrastructure services. The newly incorporated company has a turnover of Nil as it is yet to commence operations. This move signifies the company's expansion into the data center business.

Key Highlights

  • Waaree Renewable Technologies incorporates a new data center subsidiary.
  • The subsidiary, Sunstar Data Centers, is wholly owned by Waaree Green Data Centers.
  • The new entity will focus on data center development and operations.
  • The company is expanding into the digital infrastructure and data center sector.