General Updates

August 04, 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: Intimation of Incorporation of a step-down subsidiary Company Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that Waaree Clean Energy Solutions Private Limited, a wholly-owned subsidiary of the Company, has incorporated a wholly-owned subsidiary viz; WH Clean Fuels Private Limited on August 03, 2026. (Certificate of Incorporation is received today). The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations") read with the SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure 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 Annexure A Sr. Particulars Information 1. Name of the target entity, details in brief WH Clean Fuels Private Limited. such as size, turnover etc The above company is newly incorporated and therefore the turnover is Nil. 2. Whether the acquisition would fall within Not Applicable related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length 3. Industry to which the entity being acquired Hydrogen Business belongs 4. Objects and impact of acquisition It has been incorporated for the (including but not limited to, disclosure of purpose of Green Hydrogen and reasons for acquisition of target entity, if Green Amonia and related specific its business is outside the main line of business projects and activities. business of the listed entity 5. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition; 6. Indicative time period for completion of Not Applicable the acquisition; 7. Consideration - whether cash Not Applicable consideration or share swap or any other form and details of the same. 8. Cost of acquisition and/or the price at Not Applicable which the shares are acquired 9. Percentage of shareholding/control Waaree Clean Energy Solutions acquired and/or number of shares Private Limited (WCESPL) a wholly- acquired owned subsidiary of the Company, holds 100% share capital of WH Clean Fuels Private Limited. 10. Brief background about the entity WH Clean Fuels Private Limited is acquired in terms of products/line of incorporated in India and registered business acquired, date of incorporation, with Registrar of Companies, Mumbai history of last 3 years turnover, country in on Augist 03, 2026 and is yet to which the acquired entity has presence commence its business operations. and any other significant information (in brief); 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