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Waaree Energies’ arm incorporates wholly-owned subsidiaries

24 Dec 2025 Evaluate

Waaree Energies’ wholly-owned subsidiary -- Waaree Forever Energies has incorporated ten wholly-owned subsidiaries. The Certificates of Incorporation for the subsidiaries have been received on December 23, 2025. The companies are incorporated solely for the purpose of facilitating and holding specific power projects under the IPP framework.

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.


Peers
Company Name CMP
Waaree Energies 2378.30
Apar Industries 15981.70
Havells India 1064.80
Suzlon Energy 37.24
Siemens 3498.10
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