Waaree Renewable Technologies Ltd — Important, 03-09-2025: Company Update

Waaree Renewable Technologies Limited has finalized its investment in Smart Joules Private Limited (SJPL). The company previously announced its plan to acquire equity shares from existing SJPL shareholders and subscribe to Compulsory Convertible Preference Shares. Waaree Renewable Technologies now confirms that these equity shares and CCPS have been successfully credited to its demat account, marking the completion of this strategic investment. This move enhances Waaree's portfolio and operational capabilities, reflecting its commitment to growth and market presence.