BSECompany Update2d ago · 27 Jul 2026, 05:12 pm

Please find attached intimation of Signing of Early Contractor Agreement

Waaree Renewable Technologies Ltd · 534618

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Waaree Renewable Technologies Ltd has signed an Early Contractor Involvement (ECI) Agreement with a Special Purpose Vehicle of a leading global Independent Power Producer for development of a utility-scale solar photovoltaic (PV) project integrated with a Battery Energy Storage System (BESS) in New Zealand.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10

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Waaree Renewable Technologies Ltd - 534618 - Signed Of Early Contractor Involvement (ECI) Agreement For A Solar Project With Battery Energy Storage System In New Zealand.

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Execution with Pace & Comfort July 27, 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 – 400 001 Mumbai – 400 051 Scrip Code: 534618 Scrip Symbol: WAAREERTL Ref.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Signed of Early Contractor Involvement (ECI) Agreement for a solar project with Battery Energy Storage System in New Zealand. Dear Sir / Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Waaree Renewable Technologies Limited (WRTL) has signed an Early Contractor Involvement (ECI) Agreement with a Special Purpose Vehicle of a leading global Independent Power Producer (IPP) (Principal), for development of utility-scale solar photovoltaic (PV) project integrated with a Battery Energy Storage System (BESS) in New Zealand, in consortium with two experienced local companies. This marks the Company’s strategic entry into the Australia and New Zealand (ANZ) renewable energy market. This is an early-stage engagement for preliminary work and upon completion of ECI work, Principal may sign the EPC contract for the project with consortium. The details are required under Regulation 30 of the Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as “Annexure A”. The Company received intimation / the Letter(s) of Award on July 27, 2026, at 10:47 am (IST). We request you to take the above on record and acknowledge receipt of the same. Thanking you, Yours faithfully, For Waaree Renewable Technologies Limited Heema Shah Company Secretory & Compliance Officer ACS 52919 Email Id: info@waareertl.com Waaree Renewable Technologies Limited (A subsidiary of Waaree Energies Limited) 504, Western Edge-1, Off. Western Express Highway, Tel.: +91 22 6644 4444 CIN : L93000MH1999PLC120470 Borivali (E), Mumbai 400 066. Maharashtra INDIA E : info@waareertl.com GST: 27AADCS 1824J2ZB W : www.waareertl.com Execution with Pace & Comfort Annexure A Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Details 1 Name of the entity awarding the order(s) / A Special Purpose Vehicle of a leading global contract(s) / Letter of Award (LOA) Independent Power Producer (IPP) 2 Significant terms and conditions of order(s) / WRTL has entered into Early Contractor contract(s) / Letter of Award (LOA) awarded in Involvement (ECI) Agreement for development of brief utility-scale solar photovoltaic (PV) project integrated with a Battery Energy Storage System (BESS) in New Zealand. Upon completion of ECI work, Principal may sign the EPC contract for the project with consortium. 3 Whether order(s) / contract(s) have been International Entity awarded by domestic / international entity 4 Nature of order(s) / contract(s) ECI Agreement 5 Whether domestic or international International 6 Time period by which the order(s) / contract(s) The ECI Agreement is valid for a period of ~4 is to be executed months with parties developing project within such period. The project execution timelines shall be for a period of 24 months upon signing of contract. 7 Broad consideration or size of the order(s) / It is an ECI Agreement. The EPC Contract is yet contract(s) to be signed. 8 Whether the promoter / promoter group / No group companies have any interest in the entity that awarded the order(s) / contract(s)? If yes, nature of interest and details thereof 9 Whether the order(s) / contract(s) would fall No within related party transactions? If yes, whether the same is done at "arm’s length" Waaree Renewable Technologies Limited (A subsidiary of Waaree Energies Limited) 504, Western Edge-1, Off. Western Express Highway, Tel.: +91 22 6644 4444 CIN : L93000MH1999PLC120470 Borivali (E), Mumbai 400 066. Maharashtra INDIA E : info@waareertl.com GST: 27AADCS 1824J2ZB W : www.waareertl.com