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Execution with Pace & Comfort August 31, 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-400001 Mumbai - 400 051 Scrip Code: 534618 Scrip Symbol: WAAREERTL Sub.: Submission of Business Responsibility and Sustainability Report for the Financial Year 2025-2026 Dear Sir/Madam, This is in reference to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly find enclosed herewith Business Responsibility and Sustainability Report (the BRSR) for the Financial Year 2025-2026. The BRSR also forms the part of the Annual Report for the Financial Year 2025-26, submitted to the exchange vide letter dated August 31, 2026. Please take the same on your records and suitably disseminate to all concerned. Thanking you, Yours faithfully, For Waaree Renewable Technologies Limited Heema Shah Company Secretary ACS 52919 Email Id: info@waareertl.com Enclosed: As above 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 Statutory Reports 105 Annexure-8 To The Board’s Report Business Responsibility & Sustainability Report SECTION A: GENERAL DISCLOSURES I. Details of the listed entity 1. Corporate Identity Number (CIN) of the Listed Entity: L93000MH1999PLC120470 2. Name of the Listed Entity: Waaree Renewable Technologies Limited (‘Waaree RTL’) 3. Year of incorporation: 1999 4. Registered office address: 504, Western Edge - I, Off. Western Express Highway, Borivali (E), Mumbai, Maharashtra, 400066 5. Corporate address: 504, Western Edge - I, Off. Western Express Highway, Borivali (E), Mumbai, Maharashtra, 400066 6. E-mail: info@waareertl.com 7. Telephone: +91-22- 66444444 8. Website: www.waareertl.com 9. Financial year for which reporting is being done FY 2025-26 10. Name of the Stock Exchange(s) where shares are listed: BSE Limited (BSE) and National Stock Exchange of India Limited (NSE). 11. Paid-up Capital: INR 2,086.91 lakhs 12. Name and contact details (telephone, email address) of the person who may be contacted in case of any queries on the BRSR report: Mr. Pujan Doshi, Managing Director, info@waareertl.com, +91-22- 66444444 13. Reporting boundary - The disclosures under this Report have been made on a standalone basis. The reporting scope encompasses Waaree RTL’s project sites and offices across India. 14. Name of assurance provider: Reasonable assurance is not applicable to the Company for FY 2025-26 as the Company does not fall under Top 250 Companies based on market capitalization. 15. Type of assurance: BRSR Core – Reasonable assurance is not applicable to the Company for FY 2025-26 as the Company does not fall under Top 250 Companies based on market capitalization. II. Products/services 16. Details of business activities (accounting for 90% of the turnover): S. Description of main activity Description of business activity % of turnover of No. the entity 1. Waaree RTL delivers turnkey solar EPC solutions for Construction and maintenance of 100% renewable energy projects. power plants, Supply of electricity NIC Code: 42201 106 Waaree Renewable Technologies Limited | Annual Report 2025-26 Annexure-8 To The Board’s Report (Contd.) 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): S. Product/Service NIC Code % of turnover of the entity 1. Construction and maintenance of power plants. 42201 98.52% III. Operations: 18. Number of locations where plants and/or operations/offices of the Entity are situated. Location Number of projects Number of offices Total National 23 EPC, 34 O&M 1 58 International - - - 19. Markets served by the Entity: a. Number of locations Locations Number National (No. of States) 11 International (No. of Countries) 0 b. What is the contribution of exports as a percentage of the total turnover of the Entity? c. A brief on types of customers Waaree Renewable Technologies Limited (‘Waaree RTL’), serve a diverse customer base across the industrial, commercial and utility segments. Our customers include large industrial and commercial enterprises that engage us for end-to-end Solar EPC (Engineering, Procurement and Construction) solutions for on-site solar projects such as rooftop and ground-mounted installations, as well as off-site projects including open-access solar plants. In addition to EPC contracts, we also cater to customers through long-term clean power supply arrangements such as Power Purchase Agreements (PPAs). We also develop, build, own and operate select solar power plants and supply electricity as an Independent Power Producer (IPP), enabling customers to procure renewable power without upfront capital investment. IV. Employees 20. Details as at the end of Financial Year: a. Employees and workers (including differently abled): S.No. Particulars Total (A) Male Female No. (B) % (B/A) No. (C) % (C/A) EMPLOYEES 1. Permanent (D) 399 376 94.24% 23 5.76% 2. Other than Permanent (E) 396 394 99.49% 2 0.51% 3. Total employees (D+E) 795 770 96.86% 25 3.14% WORKERS 4. Permanent (F) 0 0 0 0 0 5. Other than Permanent (G) 0 0 0 0 0 6. Total workers (F+G) 0 0 0 0 0 Statutory Reports 107 Annexure-8 To The Board’s Report (Contd.) b. Differently abled Employees and workers: S. No. Particulars Total (A) Male Female No. (B) % (B/A) No. (C) % (C/A) DIFFERENTLY ABLED EMPLOYEES 1. Permanent (D) 0 0 0 0 0 2. Other than Permanent (E) 0 0 0 0 0 3. Total differently abled employees (D+E) 0 0 0 0 0 DIFFERENTLY ABLED WORKERS 4. Permanent (F) 0 0 0 0 0 5. Other than Permanent (G) 0 0 0 0 0 6. Total differently abled workers (F+G) 0 0 0 0 0 21. Participation/Inclusion/Representation of women Total (A) No. and percentage of Females No. (B) % (B/A) Board of Directors 8 1 12.5% Key Management Personnel 2 1 50% 22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years)1 FY25-26 FY24-25 FY23-24 (Turnover rate in current FY) (Turnover rate in current FY) (Turnover rate in current FY) Male Female Total Male Female Total Male Female Total Permanent Employees 30.25% 12.70% 28.69% 28.77% 12.77% 27.22% 18.11% 30.77% 18.73% Workers NA NA NA NA NA NA NA NA NA 1 Re-statement: Modified numbers for FY 24-25 and FY 23-24 V. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding / subsidiary / associate companies / joint ventures S. No. Name of the holding / subsidiary / Indicate whether % of shares Does the entity indicated associate companies / joint ventures holding/ Subsidiary/ held by listed at column A, participate in (A) Associate/ Joint entity the Business Responsibility Venture initiatives of the listed entity? (Yes/No) Direct Subsidiaries 1. Waasang Solar One Private Limited Subsidiary 51% No 2. Sunsational Solar Private Limited Subsidiary 100% No 3. Waaree Green Data Centers Subsidiary 100% No Private Limited (formerly known as Sunsantional Energy Private Limited) 4. Sunsational Power Private Limited Subsidiary 100% No 5. Waaree Energies Limited Holding 74.32% Yes VI. CSR Details 24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes (ii) Turnover (in ): 1,59,746.14 (in Lakhs) (iii) Net worth (in ): 45,669.36 (in Lakhs) 108 Waaree Renewable Technologies Limited | Annual Report 2025-26 Annexure-8 To The Board’s Report (Contd.) VII. Transparency and Disclosures Compliances 25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct: Stakeholder Grievance FY25-26 FY24-25 group from whom Redressal Current Financial Year Previous Financial Year complaint is Mechanism in received Place [Showing first 8,000 characters — download PDF for full document]