Key Details of Incorporation
- Subsidiary Company: WH Clean Fuels Private Limited
- Date of Incorporation: August 03, 2026
- Incorporating Entity: Waaree Clean Energy Solutions Private Limited (wholly-owned subsidiary of Waaree Energies Ltd.)
- Ownership Structure: WH Clean Fuels Private Limited is a wholly-owned subsidiary of Waaree Clean Energy Solutions Private Limited
- Certificate of Incorporation: Received on August 04, 2026
Business Details of New Subsidiary
- Industry: Hydrogen Business
- Business Purpose: Green Hydrogen and Green Ammonia and related specific business projects and activities
- Current Status: Newly incorporated, yet to commence business operations
- Turnover: Nil (as newly incorporated)
- Registration: Registered with Registrar of Companies, Mumbai
- Country of Operation: India
Transaction Details
- Acquisition Type: Not applicable (new incorporation rather than acquisition)
- Related Party Transaction: Not applicable
- Consideration: Not applicable
- Cost of Acquisition: Not applicable
- Government Approvals: Not applicable
- Completion Timeline: Not applicable
Financial Impact
The newly incorporated subsidiary has no turnover and is yet to commence operations. No financial impact is quantified in the disclosure.