Waaree Energies’ wholly owned subsidiary - -Waaree Power (WPPL) has executed the definitive share subscription cum share holders agreement for acquiring 76% stake in Racemosa Energy (India), for an aggregate consideration of around Rs 53 crore. The acquisition is expected to be completed in FY 2025-26 subject to completion of conditions precedents to closing.
Waaree Energies is primarily engaged in the business of manufacture of solar photo-voltaic modules, setting up of projects in solar space and sale of electricity.
| Company Name | CMP |
|---|---|
| Havells India | 1305.85 |
| Siemens | 3706.55 |
| Apar Inds | 11474.15 |
| ABB India | 7029.95 |
| Waaree Energies | 3471.45 |
| View more.. | |
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