Waaree Energies approves raising stake in Waaree Transpower and Rs. 3900 cr Capex
Waaree Energies · Electrical Equipment
Key highlights
- Board approved increasing shareholding in Waaree Transpower Pvt Ltd from 64.04% to 75.10%
- Acquisition cost: Rs. 190 crore for 2.53 crore equity shares at Rs. 75 per share; completion by June 2026
- Approved Rs. 3900 crore Capex for 2500 TPD glass plant via Waaree Green Glass Pvt Ltd, funded by debt and internal accruals
Why it's rated notable: amount is ₹500 crore or more
Original filing
Board Meeting Outcome for Outcome Of The Board Meeting Held Today I.E., Tuesday, March 24, 2026.
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More from Waaree Energies
- Capex / expansionNotableWaaree Energies Ltd subsidiary starts commercial production of 1.6 GW solar lines in USA
- Capex / expansionNotable· Adverse for the businessWaaree Energies reports strong H1 FY27 financial results and expansion plans
- Capex / expansionNotableWaaree Energies' subsidiary begins commercial production of new solar inverter line
- Order winNotableWaaree Energies Ltd receives order for 2 GW solar modules supply
- Dividend / buyback / bonusMajor development· Adverse for the businessWaaree Energies approves Chikhli plant relocation, Arizona capex and director appointment
Other capex / expansion filings this fortnight
- Maharaja & Speedex India Limited raises manufacturing capacity to 72 lakh units/year
- Elin Electronics Q2 FY27 earnings report with 10% revenue growth and margin update
- HOAC Foods India Limited H1 FY27 Earnings Call Transcript dated November 5, 2026
- Gujarat State Fertilizers & Chemicals Limited Q2 FY27 Earnings Call Highlights
- Supriya Lifescience H1 revenue up 14.8% to ₹396.04 crore; Q2 profit falls
- V-MARC India Ltd announces Q2 & H1 FY27 unaudited financial results and review report
Potential multibaggers · Q2 FY27
Potential multibaggers in Electrical Equipment
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.