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Waaree Energies’ arm acquires 76% stake in Racemosa Energy (India)

08 Nov 2025 Evaluate

Waaree Energies’ wholly owned subsidiary -- Waaree Power (WPPL) has acquired 76% stake in Racemosa Energy (India) for an aggregate consideration of Rs 53.20 crore. Consequently, Racemosa Energy (India) has become step-down subsidiary of the company effective from November 07, 2025.

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.


Waaree Energies Share Price

3470.85 32.00 (0.93%)
17-Apr-2026 12:31 View Price Chart
Peers
Company Name CMP
Havells India 1306.10
Siemens 3666.15
Apar Inds 11453.50
ABB India 7049.95
Waaree Energies 3470.85
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