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Waaree Energies’ step-down arm acquires 24.21% stake in Eppeltone Engineers

08 Aug 2026 Evaluate

Waaree Energies’ step-down subsidiary -- Waaree Smart Meters has acquired 24.21% of the equity share capital of Eppeltone Engineers pursuant to an off-market transaction on August 07, 2026. Eppeltone Engineers established in the year 1977, specializes in manufacturing electronic energy meters, including smart meters, alongside various power conditioning devices. Cost of acquisition is approximately Rs 21.78 crore.

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

2703.55 8.55 (0.32%)
07-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1285.90
Apar Industries 16597.65
Siemens 3950.00
ABB India 7600.00
Waaree Energies 2703.55
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