The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(ii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....

C.T. DOSHI FAMILY TRUST Office Address: 11th Floor, Commerz 2, Oberoi Garden City, International Business Park, Yashodham, Goregaon, Mumbai 400063, Maharashtra, India Tel: +91-22-6644-4444 Date: September 02, 2026 Securities and Exchange Board of India SEBI Bhavan, C4-A, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 CC To: To, To, To, The Listing Department, The Listing Department, Rajesh Gaur, BSE LIMITED, National Stock Exchange of India Company Secretary, Phiroze Jeejeebhoy Towers, Limited, Waaree Energies Limited, Dalal Street, Fort, Exchange Plaza, 5th Floor, Plot 602, Western Edge – 1, Western Mumbai – 400 001 No. C-1, G-Block, Bandra Kurla Express Highway, Borivali (East), Scrip Code: 544277 Complex, Mumbai – 400 066, INDIA Mumbai – 400 051 NSE Symbol: WAAREEENER Dear Sirs, Sub: Report under Regulation 10(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”). Target Company: Waaree Energies Limited I, Hitesh Chimanlal Doshi, the undersigned Managing Trustee of C.T. Doshi Family Trust (“Acquirer Trust”), a promoter and member of the Promoter Group of the Target Company, have acquired 1,99,999 equity shares of Rs. 10/- each of Waaree Sustainable Finance Private Limited ("WSFPL"), constituting 99.9995% of the paid-up equity share capital of WSFPL, by way of gift through an inter se transfer of shares amongst qualifying persons as specified in Regulation 10(1)(a)(ii) of Takeover Regulations from Mr. Chimanlal Tribhuvandas Doshi on August 06, 2026. WSFPL holds 18.34% stake in the Target Company. Thus, the acquisition amounts to an Indirect Acquisition of 5,27,67,331 equity shares consisting 18.34% of the Target Company. The said transfer intends to streamline succession and smooth intergenerational transfer of wealth and further promote the welfare of the family and does not affect the interests of the public shareholders of the Target Company. The acquisition has been exempted from the open offer obligations under Regulations 3, 4 and 5 of the Takeover Regulations vide SEBI Exemption Order WTM/KCV/CFD/05/2026-27 dated July 03, 2026 passed under Regulation 11(5) of the Takeover Regulations. Pursuant to Regulation 10(7) of the Takeover Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/POD-1/P/CIR/2023/31 dated February 16, 2023, please find enclosed herewith the requisite disclosure in the prescribed format pertaining to the acquisition of the abovementioned equity shares. The respective intimation and report as required under Regulation 10(5) and Regulation 10(6) of the Takeover Regulations have already been submitted with the National Stock Exchange of India Limited (NSE), BSE Limited (BSE) and the Target Company on July 09, 2026 and August 07, 2026, respectively. C.T. DOSHI FAMILY TRUST Office Address: 11th Floor, Commerz 2, Oberoi Garden City, International Business Park, Yashodham, Goregaon, Mumbai 400063, Maharashtra, India Tel: +91-22-6644-4444 We are making the payment of the fees of Rs. 1,50,000/- plus 18% GST on the portal of SEBI – https://siportal.sebi.gov.in after submitting the application on the portal in accordance with SEBI Circular No. SEBI/HO/CFD/DCR1/CIR/P/2025/0034 dated March 20, 2025. We request you to kindly take the same on record. Thanking you, Yours faithfully, For and on behalf of C.T. Doshi Family Trust Hitesh Chimanlal Doshi (Managing Trustee) Place: Mumbai C.T. DOSHI FAMILY TRUST Office Address: 11th Floor, Commerz 2, Oberoi Garden City, International Business Park, Yashodham, Goregaon, Mumbai 400063, Maharashtra, India Tel: +91-22-6644-4444 Format under Regulation 10(7) – Report to SEBI in respect of any acquisition made in reliance upon exemption granted by the Board under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1 General Details a. Name, address, telephone no., e- C.T. Doshi Family Trust (the “Acquirer Trust”) mail of acquirer(s) {In case there are multiple acquirers, provide Address: 11th Floor, Commerz 2, Oberoi Garden City, full contact details of any one International Business Park, Yashodham, Goregaon (East), acquirer (the correspondent Mumbai – 400 063, Maharashtra, India acquirer) with whom SEBI shall Tel No.: +91-9423282069 correspond} Email: manojpatili@waaree.com b. Whether sender is the acquirer Yes (Y/N) c. If not, whether the sender is duly N.A. authorized by the acquirer to act on his behalf in this regard (enclosed copy of such authorization) d. Name, address, Tel no. and e- N.A. mail of the sender, if sender is not the acquirer 2 Compliance of Regulation 10(7) a. Date of report September 02, 2026 b. Whether report has been Yes. The acquisition was completed on August 06, 2026, and the submitted to SEBI within 21 instant report is being submitted within 21 working days from the working days from the date of date of acquisition. the acquisition c. Whether the report is Yes accompanied with fees as required under Regulation 10(7) 3 Compliance of Regulation 10(5) a. Whether the report has been Yes (Refer Annexure A) filed with the Stock Exchanges where the shares of the Company are listed, at least 4 working days before the date of the proposed acquisition b. Date of Report July 09, 2026 4 Compliance of Regulation 10(6) a. Whether the report has been Yes (Refer Annexure B) filed with the Stock Exchanges where the shares of the Company are listed within 4 working days after the date of the proposed acquisition C.T. DOSHI FAMILY TRUST Office Address: 11th Floor, Commerz 2, Oberoi Garden City, International Business Park, Yashodham, Goregaon, Mumbai 400063, Maharashtra, India Tel: +91-22-6644-4444 b. Date of Report August 07, 2026 5 Details of the Target Company (TC) a. Name & address of TC Waaree Energies Limited 602, Western Edge 1, Western Express Highway, Borivali (East), Mumbai – 400 066, INDIA b. Name of the Stock Exchange(s) BSE Ltd. (BSE) & National Stock Exchange of India Ltd. (NSE) where the shares of the TC are listed 6 Details of the acquisition a. Date of acquisition August 06, 2026 (indirect acquisition of shares) b. Acquisition price per share (in Nil, as the acquisition is without consideration, i.e., by way of an Rs.) off-market gift of shares by the Transferor to the Acquirer Trust through an inter se transfer. c. Regulation which would have Regulation 3(1). The exemption granted by SEBI vide Order triggered an open offer, had the WTM/KCV/CFD/05/2026-27 dated July 03, 2026 extends to report not been filed under Regulations 3, 4 and 5 of the Takeover Regulations. Regulation 10(7). (whether Regulation 3(1), 3(2), 4 or 5) d. Shareholding of acquirer(s) and Before the acquisition After the acquisition PAC individually in TC (in terms of no. & as a percentage of the total share/voting capital of the TC)(*) No. of Shares % w.r.t total No. of Shares % w.r.t total share capital share capital of TC of TC Name of the acquirer(s) C.T. Doshi Family Trust 12,69,82,903 44.14 12,69,82,903 44.14 (Acquirer) Total 12,69,82,903 44.14 12,69,82,903 44.14 e. Shareholding of seller/s in TC Before the acquisition After the acquisition (in terms of no. & as a percentage of the total share/voting capital of the TC)(*) No. of Shares % w.r.t total No. of Shares % w.r.t total share capital share capital of TC of TC Name of the seller(s) Mr. Chimanlal Tribhuvandas 46,90,309 1.63 46,90,309 1.63 Doshi (Seller) Total 46,90,309 1.63 46,90,309 1.63 C.T. DOSHI FAMILY TRUST Office Address: 11th Floor, Commerz 2, Oberoi Garden City, International Business Park, Yashodham, Goregaon, Mumbai 400063, Maharashtra, India Tel: +91-22-6644-4444 7 Information specific to the exemption category to which the instant acquisition belongs – Regulation 10(1)(a)(ii). Exemption granted by the Board under Regulation 11 of the Takeover Regulations vide Order WTM/KCV/CFD/05/2026-27 dated July 03, 2026 a. Provide the names of the Mr. Chimanlal Tribhuvandas Doshi seller(s) b. Specify the relationship bet [Showing first 8,000 characters — download PDF for full document]