Outcome of Board Meeting

Execution with Pace & Comfort October 19, 2026 To To The Manager The Manager BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East) Mumbai-400001 Mumbai - 400 051 Seri p Code: 534618 Scrip Symbol: WAAREERTL Sub: Outcome of the Board Meeting- Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Dear Sir/ Madam, With reference to the captioned subject and in compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., Monday, October 19, 2026, inter alia, has: a. Considered and Approved the Un-Audited Financial Results (Consolidated and Standalone) of the Company for the quarter and half year ended September 30, 2026 along with Limited Review Report as attached in" Annexure A". b. Approved Capex for setting up of 35 MWp/25 MWac IPP Solar Plant at Wardha, Maharashtra. Maharashtra. The Meeting commenced at 02:00 p.m. and concluded at 03:32 p.m. Please take the same on record and arrange to disseminate the same to all concerned. Thanking you, Yours faithfully, For Waaree Renewable Technologies Limited Heema Shah Company Secretary ACS52919 Email Id: info@waareertl.com Place: Mumbai Waaree Renewable Technologies Limited (A subsidiary of Waaree Energies Limited) 504, Western Edge-1, Off Western Express Highway, Tel : +9122 6644 4444 CIN: L93000MH1999PLC120470 Borivali (E}, Mumbai 400 066, Maharashtra INDIA E : info@waareertl.com GST: 27AADCS1824J2ZB W : www.waareertl.com kkc & associates llp Chartered Accountants (formerly Khimji Kunverji & Co LLP) Independent Auditor’s Review Report on unaudited consolidated financial results for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 of Waaree Renewable Technologies Limited under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Board of Directors of Waaree Renewable Technologies Limited Introduction 1. We have reviewed the accompanying statement of unaudited consolidated financial results of Waaree Renewable Technologies Limited (‘the Parent’ or ‘the Company’) and its subsidiaries (the Parent and its subsidiaries together referred to as ‘the Group’) for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (‘the Statement’), being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘Listing Regulations’). We have initialled the Statement for identification purpose only. 2. This Statement, which is the responsibility of the Company's Management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard (‘Ind AS’) 34 ‘Interim Financial Reporting’ prescribed under section 133 of the Companies Act, 2013 (‘the Act’), read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. Scope of Review 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (‘SRE’) 2410 - ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’, issued by the Institute of Chartered Accountants of India (‘the ICAI’). A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular Issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable. 4. The Statement includes the result of the following entities: Name of the entity Relationship Waaree Renewable Technologies Limited Parent Waasang Solar One Private Limited Subsidiary Sunsational Solar Private Limted Wholly Owned Subsidiary Sunshine Tower, Level 19, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013, India T: +91 22 6143 7333 E: info@kkcllp.in W: www.kkcllp.in LLPIN: AAP-2267 Suite 52, Bombay Mutual Building, Sir Phirozshah Mehta Road, Fort, Mumbai 400001, India kkc & associates llp Chartered Accountants (formerly Khimji Kunverji & Co LLP) Waaree Green Data Centers Private Wholly Owned Subsidiary Limited(formerly known as Sunsantional Energy Private Limited) including its following subsidiaries : a. Sunstar Data Centers Private Limited (w.e.f 11 September 2026) b. Aurovault Data Centers Private Limited (w.e.f 14 September 2026) Sunsational Power Private Limited Wholly Owned Subsidiary Associated Power Structures Private Limited Subsidiary (w.e.f 18 June 2026) including its following subsidiary : a. JV of APSPL - CEC Conclusion 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on consideration of the review report of the other auditor referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS specified under Section 133 of the Act as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Other Matters 6. We did not review the financial results of two subsidiaries included in the Statement, whose financial results, reflect total assets (before consolidation adjustment) of Rs. 1507.69 crore as at 30th September 2026, reflect total revenues (before consolidation adjustment) of Rs. 606.12 crore and Rs. 718.93 crore, total net profit after tax (before consolidation adjustment) of Rs. 32.61 crore and Rs. 41.66 crore and total comprehensive income (before consolidation adjustment) of Rs. 32.64 crore and of Rs. 41.69 crore for the quarter ended 30th September 2026 and for the period from 18 June 2026 to 30 September 2026 respectively, and cash flow outflow (before consolidation adjustment) of Rs. 68.60 crore for the period from 18 June 2026 to 30 September 2026 as considered in the Statement. These financial results have been reviewed by other auditor and their reports, vide which they have issued an unmodified conclusion have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the report of the other auditor and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of the above matter. 7. The Statement includes the financial results of six subsidiaries which have not been reviewed by their auditors, whose financial results reflect total assets (before consolidation adjustment) of Rs. 200.40 crore as at 30 September 2026, reflect total revenue (before consolidation adjustment) of Rs.0.06 [Showing first 8,000 characters — download PDF for full document]