NSEPress Release1d ago · 24 Sept 2026, 03:59 pm

Press Release

Waaree Energies Limited · WAAREEENER

✦ AI Summary▲ PositiveExpansion

Waaree Energies Limited's wholly owned subsidiary, Waaree Clean Energy Solutions, has entered India's specialty gases market to power semiconductor and solar manufacturing. The company aims to be a one-stop supplier to the country's semiconductor and solar cell manufacturers.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10

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Waaree Energies Limited has informed the Exchange regarding a press release dated September 24, 2026, titled Waaree Clean Energy Solutions enters India s specialty gases market to power semiconductor and Solar manufacturing."

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September 24, 2026 To To The Manager, The Manager, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1 Block G, Dalal Street, Bandra - Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 544277 Trading Symbol: WAAREEENER Dear Sir/ Madam, Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 — Press Release. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are enclosing herewith the Press Release titled “Waaree Clean Energy Solutions enters India’s specialty gases market to power semiconductor and Solar manufacturing” The above information is also available on the website of the Company i.e. www.waaree.com. Kindly take the information on record. Thanking you, Yours faithfully, For Waaree Energies Limited Rajesh Ghanshyam Gaur Company Secretary & Compliance Officer M.No. A34629 WAAREE Energies Ltd. Registered Office: 602, Western Edge – 1, Western Express Highway, Borivali (E), Mumbai – 400 066, INDIA. Tel: +91-22-6644 4444. Fax: +91-22-6644 4400. Email: waaree@waaree.com.Website:www.waaree.com Corporate Identity Number:L29248MH1990PLC059463 Waaree Clean Energy Solutions Enters India's Specialty Gases Market to Power Semiconductor and Solar Manufacturing New pan-India vertical will supply the Ultra-High Purity gases and chemicals that India's semiconductor and solar cell manufacturers need Mumbai, India, September 24, 2026: Waaree Clean Energy Solutions (WCES), a wholly owned subsidiary of Waaree Energies Limited, today announced its entry into India's specialty gases business. WCES aims to be a one-stop supplier to the country's semiconductor and solar cell manufacturers. India is expanding chip and electronics manufacturing under the Semicon India 2.0 programme. High-purity process gases and chemicals are still largely imported, and that supply has become a critical bottleneck. WCES is building a specialty gases plant at GIDC Saykha, Dahej, Gujarat, to close that gap with domestic supply across India. “Semiconductor and solar cell manufacturing cannot scale in India without a reliable, high-purity gas and chemical supply chain alongside it,” said Anuj Sharma, CEO, WCES. “This is a natural extension of our deep-tech manufacturing and clean energy expertise. It positions us to serve India's fabs, OSAT and ATMP units, advanced electronics manufacturers and solar cell lines from day one, with product on the ground.” Building India's Specialty Gases Backbone WCES is building the business in phases. The plan includes: • Specialty gases warehousing: multi-purpose storage and handling built to semiconductor- grade safety and purity standards • UHP Ammonia purification: a dedicated unit for semiconductor-grade ammonia • Phosphine/Hydrogen (PH₃/H₂) mixing plant: precision gas blends for doping and deposition processes • UHP Oxygen: an additional core process gas • UHP Hydrogen: already commercially available A Full-Spectrum Gases and Chemicals Partner WCES will also design custom gas and chemical supply systems and nitrogen plants. Its Total Gas & Chemical Management System will cover storage, delivery, safety monitoring and inventory, so customers can focus on their core processes. The UHP portfolio includes Silane, Ammonia, Nitrous Oxide, Phosphine mixtures, Boron Trichloride (BCl₃), Trimethyl Aluminium, Diborane and Germane/H₂ mixes, HBr, SF₆, Nitric Oxide, fluorinated gases and calibration gases. All of it will be backed by pan-India supply. Strengthening India's Manufacturing Self-Reliance The new business builds on WCES's clean energy manufacturing base, which includes its electrolyser stack facility. Government incentives are expanding semiconductor and solar cell capacity, and the gases business is designed to grow with it and give manufacturers a dependable alternative to imports. About Waaree Clean Energy Solutions (WCES) Waaree Clean Energy Solutions Private Limited is a leading provider of integrated clean energy solutions, offering expertise across solar, green hydrogen, energy storage, and emerging energy technologies. Backed by the legacy of Waaree Energies Ltd., WCES is focused on enabling sustainable, future-ready energy ecosystems through innovation, engineering excellence, and execution scale. About Waaree Energies Limited Established in 1990, Waaree Energies Limited is India's largest solar energy company, driving the global transition to clean power. Headquartered in Mumbai, the company operates advanced manufacturing facilities with a total solar PV module capacity of approximately 29 GW and solar cell capacity of up to 15.4 GW, with a strong presence across India and in more than 25 countries. Waaree's portfolio spans solar panels, inverters, EPC services, IPP, green hydrogen solutions, battery energy storage, green energy infrastructure, and data centers. Waaree Energies Limited : Ajay Leelaa Mishra Mob: +91 8655814584 Email Id: ajaymishra2@waaree.com Adfactors PR: Abhishek Dutta Mob: +91 7044342299 Email Id: abhishek.dutta@adfactorspr.com