Acquisition / mergerFiled on BSE ·
Waaree Energies approves Scheme of Amalgamation with Indosolar Limited
Waaree Energies Ltd · Electrical Equipment
What the filing says
- Scheme approved on September 23, 2026, subject to regulatory and shareholder approvals
- Share exchange ratio: 1 Waaree share for every 11 Indosolar shares, based on valuers' report dated September 23, 2026
- Post-amalgamation, Indosolar dissolved; Waaree shareholding changes with promoters at ~64% and public at ~36%; Indosolar assets ₹404.92 cr, net worth ₹323.63 cr, turnover ₹68.36 cr; Waaree assets ₹23,798.16 cr, net worth ₹13,869.90 cr, turnover ₹6,221.67 cr
Original filing
Board Meeting Outcome for Revised Outcome
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Waaree Energies
Electrical Equipment
Revenue: Rank 1Margin: Rank 1
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More from Waaree Energies Ltd
- Capex / expansionWaaree Energies' subsidiary begins commercial production of new solar inverter line
- Acquisition / mergerWaaree Energies Ltd approves Scheme of Amalgamation with Indosolar Limited
- Acquisition / mergerWaaree Energies Ltd approves scheme to amalgamate Indosolar Limited as of Sept 23, 2026
- Order winWaaree Energies Ltd receives order for 2 GW solar modules supply
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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.