Waaree Energies Limited — Important, 07-02-2025: Commencement of commercial production/operations

Waaree Energies Ltd. has commenced operations at its new 1.40 GW solar cell manufacturing facility located in Degam, Gujarat. This significant development enhances the company’s production capabilities and positions it to meet increasing demand in the renewable energy sector. With operations starting today, this facility is expected to bolster revenue generation and solidify Waaree's competitive edge in the solar market. Investors should view this expansion positively, as it aligns with global trends towards sustainable energy solutions and presents potential growth opportunities for the company in the coming months.