General Updates

August 06, 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 Mobility Systems Private Limited on August 04, 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 “A”. 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 N1a.m e of the target entity, details in brief such WH Clean Mobility Systems Private as size, turnover etc Limited. 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 (including It has been incorporated for the but not limited to, disclosure of reasons for purpose of providing Mobility Solutions acquisition of target entity, if its business is using clean fuels/batteries. outside the main line of business of the listed entity 5. Brief details of any governmental or regulatory Not Applicable approvals required for the acquisition; 6. Indicative time period for completion of the Not Applicable acquisition; 7. Consideration - whether cash consideration or Not Applicable share swap or any other form and details of the same. 8. Cost of acquisition and/or the price at which Not Applicable the shares are acquired 9. Percentage of shareholding/control acquired Waaree Clean Energy Solutions Private and/or number of shares acquired Limited (WCESPL) a wholly-owned subsidiary of the Company, holds 100% share capital of WH Clean Mobility Systems Private Limited. 10. Brief background about the entity acquired in WH Clean Mobility Systems Private terms of products/line of business acquired, Limited is incorporated in India and date of incorporation, history of last 3 years registered with Registrar of Companies, turnover, country in which the acquired entity Mumbai on Augist 04, 2026 and is yet to has presence and any other significant commence its business operations. 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