NSEUpdates28 Jun 2026 · 28 Jun 2026, 12:18 pm
Updates
Waaree Energies Limited · WAAREEENER
✦ AI Summary▲ PositiveRegulatory
Waaree Energies Limited has clarified a U.S. Customs determination regarding its solar module exports, stating that it did not export modules made with Chinese-origin solar cells, cooperated with the investigation, and has the right to seek a de novo administrative review.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment6/10
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Waaree Energies Limited has informed the Exchange regarding 'Media statement by the Company, titled Waaree Energies' Clarifies U.S. Customs Determination. '.
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WAAREE_28062026121840_WSAMediaStatement28June2026.pdf
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June 28, 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,
Sub: Media Statement
Please find attached a media statement by the Company, titled “Waaree Energies' Clarifies U.S.
Customs Determination.”
Kindly take the same 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
MEDIA STATEMENT
“Waaree Energies' Clarifies U.S. Customs Determination.”
Waaree Energies Limited ("Waaree" or the "Company") wishes to clarify recent media reports regarding
the determination issued by the U.S. Customs and Border Protection ("CBP") in EAPA Consolidated
Investigation No. 8163.
Following a detailed investigation, including an on-site verification of Waaree's manufacturing facility
in India, CBP expressly confirmed that:
• Waaree did not export to the United States solar modules manufactured using Chinese-origin
solar cells;
• Waaree fully cooperated throughout the investigation;
• CBP drew no adverse inference against the Company; and
• CBP declined the petitioner's request to make an evasion finding covering all of Waaree's
imports.
CBP's determination is limited to a narrow subset of certain historical import entries.
Importantly, the determination is not a final adjudication. Under applicable U.S. law, Waaree has the
right to seek a de novo administrative review and thereafter, judicial review before the U.S. Court of
International Trade. The Company is currently evaluating all available legal remedies with its U.S. trade
counsel.
Waaree remains committed to the highest standards of regulatory compliance, transparency, and
governance. The Company's U.S. business continues to operate normally, and there is no impact on
ongoing manufacturing, customer deliveries, or commercial operations.
Waaree will continue to cooperate with the relevant authorities and will provide appropriate updates as
and when required in accordance with applicable laws and regulatory requirements.
For media queries, please contact:
Waaree Energies Limited
Ajay Leelaa Mishra
Mob: +91 8655814584
Email Id: ajaymishra2@waaree.com
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