NSEGeneral Updates2d ago · 28 Aug 2026, 02:26 pm

General Updates

Waaree Energies Limited · WAAREEENER

✦ AI SummaryRegulatory

Waaree Energies Limited has informed the Exchange about a search conducted by the Directorate of Revenue Intelligence at its wholly owned subsidiary's manufacturing plant, related to the classification of imported stainless-steel pipes and tubes under the EPCG Scheme and Anti-Dumping Duty.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Waaree Energies Limited has informed the Exchange about Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015.

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WAAREE_28082026142550_Intimationofsearch_SSOPL_signed.pdf

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August 28, 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: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Directorate of Revenue Intelligence (“DRI”) conducted a search at the manufacturing plant of Sangam Solar One Private Limited, a wholly owned subsidiary of the Company, situated at Survey No 175, 176, 181 and 84, Village Unn, Near Uday Palace , Navsari, Gujarat-396445. The search proceedings commenced on August 27, 2026 and were concluded at 06:40 P.M (IST). The requisite disclosure as required under Regulation 30 of the SEBI Listing Regulations is enclosed herewith as ‘Annexure - A’. The above information will be made available on the website of the Company www.waaree.com. 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 Details 1 Name of the authority Directorate of Revenue Intelligence. 2 Nature and details of the action(s) Search pursuant to Section 105 of the taken, initiated or order(s) passed. Customs Act, 1962. 3 Date of receipt of direction or order, Not Applicable. including any ad-interim or interim orders, or any other communication from the authority 4 Details of the violation(s)/ The search related to the classification contravention(s) committed or of certain stainless-steel pipes and alleged to be committed; tubes imported under the EPCG Scheme and the consequent applicability of Anti-Dumping Duty ("ADD") thereon. The Company has, already deposited the ADD amount along with applicable interest, as stated at Sr. No. 5 below. 5 Impact on financial, operation or The Company has paid the ADD amount other activities of the listed entity, of Rs. 2,33,82,930/- along with interest quantifiable in monetary terms to the and there is no further payment required extent possible. to be made. There is no impact on financials, operations or other activities of the Company except the amount stated above. 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