Waaree Energies Ltd approves Scheme of Amalgamation with Indosolar Limited
Waaree Energies Ltd · Electrical Equipment
What the filing says
- Scheme approved on September 23, 2026, merging Indosolar Limited into Waaree Energies Ltd
- Share Exchange Ratio: 1 Waaree equity share for every 11 Indosolar equity shares
- 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 as of June 30, 2026
Original filing
Board Meeting Outcome for Scheme Of Amalgamation Of Indosolar Limited With Waaree Energies Limited And Their Respective Shareholders Pursuant To Sections 230 To 232 Of The Companies Act 2013.
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More from Waaree Energies Ltd
- Capex / expansionWaaree Energies' subsidiary begins commercial production of new solar inverter line
- Acquisition / mergerWaaree Energies 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.