The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for C T Doshi Trust

C.T. DOSHI FAMILY TRUST Office Address: 11th Floor, Commerz 2, Oberoi Garden City, International Business Park, Yashodham, Goregaon, Mumbai 400063, Maharashtra, India Tel: +91-22-6644-4444 Date: August 07, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400 051 Mumbai - 400 001 NSE Scrip Code: WAAREEENER BSE Scrip Code: 544277 Dear Sir, Subject: Report under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”) Target Company: Waaree Energies Limited We, C.T. Doshi Family Trust (the “Acquirer Trust”), are holding equity shares of the Target Company and are promoter and member of the Promoter Group of the Target Company. We have acquired 1,99,999 equity shares of Rs. 10/- each of Waaree Sustainable Finance Private Limited ("WSFPL"), constituting 99.9995% of the paid-up equity share capital of WSFPL, by way of gift through an inter se transfer from Mr. Chimanlal Tribhuvandas Doshi. WSFPL is a private limited company and promoter of the Target Company. WSFPL holds 5,27,67,331 equity shares of the Target Company, constituting 18.34% of the total equity share capital of the Target Company. Accordingly, the aforesaid acquisition of shares of WSFPL constitutes an indirect acquisition of 5,27,67,331 equity shares (18.34%) of the Target Company by the Acquirer Trust. The said transfer intends to streamline succession and smooth intergenerational transfer of wealth and further promote the welfare of the family and does not affect the interests of the public shareholders of the Target Company. The acquisition has been exempted from the open offer obligations under Regulations 3, 4 and 5 of the Takeover Regulations vide SEBI Exemption Order WTM/KCV/CFD/05/2026-27 dated July 03, 2026 passed under Regulation 11(5) of the Takeover Regulations. Pursuant to Regulation 10(6) of the Takeover Regulations, read with SEBI Master Circular No. SEBI/HOICFD/poD1/P/ClR/2023/31 dated February 16, 2023, please find enclosed herewith the requisite disclosure in the prescribed format pertaining to the acquisition of equity shares. The necessary prior intimation under Regulation 10(5) of the Takeover Regulations in the prescribed format, has already been submitted vide letter dated July 09, 2026. Kindly take the information on record. Thanking you, Yours faithfully, For and on behalf of C.T. Doshi Family Trust Hitesh Chimanlal Doshi (Managing Trustee) Encl.: As above. Format for Disclosures under Regulation 10(6) – Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. Name of the Target Company (TC) Waaree Energies Limited 2. Name of the acquirer (s) C. T. Doshi Family Trust (Acquirer Trust) 3. Name of the stock exchange where BSE Ltd. (BSE) & shares of the TC are listed National Stock Exchange of India Ltd. (NSE) 4. Details of the transaction including Proposed transfer intends to streamline succession and rationale, if any, for the transfer/ smooth intergenerational transfer of wealth and further acquisition of shares. promote the welfare of the family. 5. Relevant regulation under which the Exempted vide SEBI Exemption Order acquirer is exempted from making WTM/KCV/CFD/05/2026-27 dated July 03, 2026. open offer. 6. Whether disclosure of proposed Yes, disclosure of proposed acquisition was required to be acquisition was required to be made made and was made on July 09, 2026, which is within the under regulation 10 (5) and if so, prescribed timeline i.e. at least 4 working days prior to the - whether disclosure was made and proposed transactions, to the stock exchanges. whether it was made within the timeline specified under the regulations. - date of filing with the stock exchange. 7. D etails of acquisition Disclosures required Whether the to be made under disclosures under regulation 10(5) regulation 10(5) are actually made a. Names of the transferor Mr. Chimanlal Yes Tribhuvandas Doshi b. Date of acquisition August 06, 2026 Yes c. Number of shares/ voting rights No direct acquisition of Yes in respect of the acquisitions any shares of TC. from each person mentioned in 7(a) above The Acquirer Trust acquired 1,99,999 equity shares of WSFPL from Mr. Chimanlal Tribhuvandas Doshi, resulting in the indirect acquisition of 5,27,67,331 equity shares of the TC held by WSFPL. d. Total shares actually acquired as a No direct acquisition of Yes % of diluted share capital of TC any shares of TC. The acquisition entailed the transfer of 1,99,999 equity shares, constituting 99.9995% of the equity shares of WSFPL, which led to an indirect transfer of an 18.34% equity interest in e. Price at which shares are actually NA, as no direct Yes acquired acquisition of any shares of TC. Further, the transfer of shares of WSFPL has been carried out by way of an off-market gift of shares. 8. Shareholding details Pre-Transaction Post-Transaction No. of % w.r.t No. of % w.r.t equity total equity total shares equity shares held equity held share share capital capital of TC of TC a. Each Acquirer/Transferee Acquirer(s) C.T. Doshi Family Trust 12,69,82,903 44.14 12,69,82,903 44.14 Total 12,69,82,903 44.14 12,69,82,903 44.14 b. Each Seller/Transferor Mr. Chimanlal Tribhuvandas 46,90,309 1.63 46,90,309 1.63 Doshi Total 46,90,309 1.63 46,90,309 1.63 For and on behalf of C.T. Doshi Family Trust Hitesh Chimanlal Doshi (Managing Trustee) Place: Mumbai Date: August 07, 2026