Waaree Renewable Technologies Ltd — Important, 24-12-2025: Company Update

Waaree Renewable Technologies Limited has allotted 99,223 new equity shares following the exercise of vested options under its Waaree RTL ESOP 2022. This issuance increases the company's paid-up share capital from Rs. 20.85 crore to Rs. 20.87 crore, raising the total outstanding shares to 10.43 crore. The exercise of these options, priced at Rs. 22.40 per share, generated Rs. 0.22 crore for the company. This move reflects ongoing employee incentives and participation, aligning employee interests with shareholder value and company performance.