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Waaree Energies Limited Acquires Entire Stake in Waaree Green Data Centers to Expand into Data Center Sector

The company completed purchase of 10,000 equity shares at Rs. 1,00,000 cash consideration in FY 2026-27 in an arm's length related party transaction

Waaree Energies Limited announced the acquisition of 100% shareholding of Waaree Green Data Centers Private Limited and its two wholly-owned subsidiaries, marking its entry into the data center and digital infrastructure sector with a cash consideration of Rs. 1,00,000. The transaction is a related party deal conducted at arm's length during FY 2026-27.

1 day ago|WAAREEENER+3.57%
Waaree Energies Limited544277WAAREEENERAcquisition / Amalgamation / Merger / Demerger

Waaree Energies Limited

Acquisition / Amalgamation / Merger / Demerger

Waaree Energies Limited announced the acquisition of 100% shares in Waaree Green Data Centers Private Limited and its two subsidiaries for Rs. 1,00,000 cash consideration. This marks Waaree's strategic move towards developing and operating data centers and digital infrastructure services in India and abroad.

The acquisition includes Waaree Green Data Centers Private Limited along with its wholly-owned subsidiaries, Aurovault Data Centers Private Limited and Sunstar Data Centers Private Limited, all incorporated between August and September 2024-2026 and yet to commence operations.

This transaction was conducted with its subsidiary Waaree Renewable Technologies Limited and is classified as a related party transaction carried out on an arm's length basis in the ordinary course of business.

Waaree Energies Ltd. is evaluating entry into developing, owning, and operating various categories of data centers including hyperscale, AI-ready, and edge data centers.

The acquisition is expected to be completed within the financial year 2026-27.

The shares were acquired at a face value of Rs. 10 each, totaling 10,000 equity shares at Rs. 1,00,000 cash consideration.

Highlights

  • 100% shareholding acquired in Waaree Green Data Centers Private Limited and its two subsidiaries.
  • All acquired entities are in data center sector focused on digital infrastructure and cloud services.
  • Transaction is a related party deal between Waaree Energies Limited and its subsidiary Waaree Renewable Technologies Limited.
  • Acquisition consideration is Rs. 1,00,000 cash for 10,000 equity shares at Rs.10 face value.
  • The acquisition targets entry into hyperscale, AI-ready, and edge data center businesses.
  • Completion expected during fiscal year 2026-27.

Key Data Snapshot

Name of target entityWaaree Green Data Centers Private Limited and its subsidiaries Aurovault Data Centers Private Limited, Sunstar Data Centers Private Limited
Percentage of shareholding acquired100%
Cost of acquisitionRs. 1,00,000 cash consideration
Number of equity shares acquired10,000 shares at Rs. 10 face value each
Date of announcementOctober 27, 2026
Transaction natureRelated party transaction at arm's length basis
Industry of acquired entityData centers and digital infrastructure services
Expected acquisition completionFinancial Year 2026-27

What happened

  • Waaree Energies Limited acquired full ownership of Waaree Green Data Centers Private Limited and its two subsidiaries.
  • All entities target establishing and operating data centers and related digital infrastructure services.
  • The acquisition is a related party transaction with Waaree Renewable Technologies Limited, completed on an arm's length basis.

Key details

  • Cash consideration for acquisition is Rs. 1,00,000 for 10,000 shares at Rs.10 face value per share.
  • The companies acquired are recently incorporated and have not commenced operations yet.
  • The strategic objective is to enter into developing and operating hyperscale, AI-ready, and edge data centers in India and abroad.
  • No governmental or regulatory approvals are required for the acquisition.
  • The acquisition is planned to complete within the financial year 2026-27.

Regulatory and governance context

  • The announcement complies with SEBI Listing Regulations and related disclosure requirements for related party transactions.
  • Transaction details including arms-length certification and timing are disclosed as per SEBI regulations.
  • The acquisition details have been submitted to BSE and NSE, under symbols 544277 and WAAREEENER respectively.

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Waaree Energies Limited Acquires Entire Stake in Waaree | Stockk News