Waaree Renewable Technologies Limited has allotted 33,425 equity shares under its Employee Stock Option Plan (ESOP) scheme. The shares have a face value of Rs. 2/- each and were allotted at an exercise price of Rs. 22.40 per share, representing a premium of Rs. 20.40 per share.
Key Details:
- Total shares allotted: 33,425 equity shares
- Face value: Rs. 2/- per share
- Exercise price: Rs. 22.40 per share
- Premium: Rs. 20.40 per share
- Total money realized: Rs. 7,48,720/- (Rupees Seven Lakhs Forty-Eight Thousand Seven Hundred and Twenty)
Change in Paid-up Share Capital:
- Before allotment: Rs. 20,86,91,584 divided into 10,43,45,792 equity shares
- After allotment: Rs. 20,87,58,434 divided into 10,43,79,217 equity shares
- Increase in share capital: Rs. 66,850
ESOP Plan Details:
- ESOP Scheme: Waaree RTL ESOP-2022 (Waaree Renewable Technologies Limited Employee Stock Options Plan 2022)
- Compliance: The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- Regulatory references: SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Listing Information:
- Listed on: BSE Limited and National Stock Exchange of India Limited
- Distinctive numbers: 10,43,45,793 to 10,43,79,217 (both inclusive)
- New shares rank: pari-passu with existing equity shares including payment of dividend and other rights
- Lock-in: No lock-in period applicable
Approval Details:
- Approval date: July 29, 2026
- Approval time: 6:39 p.m.
- Approving authority: Board of Directors through circular resolution
- Recommending authority: Nomination and Remuneration Committee
Additional Announcements:
The filing includes detailed regulatory compliance disclosures as required under SEBI regulations, including Annexure A (disclosure under Regulation 30) and Annexure B (disclosure under Regulation 10(c) of SEBI SBEB Regulations, 2021).