Waaree Energies Limited has submitted a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the deregistration of its wholly-owned subsidiary.
Key Dates
- Deregistration date: June 10, 2026
- Company received email notification: June 24, 2026
- Effective date of subsidiary cessation: June 10, 2026
Financial Impact
The subsidiary was a dormant company with no financial activity. Specifically:
- Turnover/revenue/income during previous financial year 2025-26: NIL
- Net worth during previous financial year 2025-26: NIL
Transaction Details
- No agreement for sale was entered into
- No consideration was received from the deregistration
- The transaction does not involve any buyers
- The transaction does not qualify as a related party transaction
- The disposal is not part of any Scheme of Arrangement
Corporate Structure Impact
Waaree Renewable Energies Australia PTY Limited ceased to be a wholly-owned subsidiary of Waaree Energies Limited with effect from June 10, 2026.