Waaree Energies Limited Confirms Loss of Wholly Owned Subsidiary Following Deregistration
Waaree Energies Limited has confirmed the status change regarding one of its overseas entities after a subsidiary was successfully deregistered in Australia. The company announced that Waaree Renewable Energies Australia PTY Limited ceased to be a wholly owned subsidiary of Waaree Energies Limited effective June 10, 2026.The deregistration was completed by the Australian Securities & Investments Commission. As a result of this change, details regarding the entity's financial performance were reported.
The data provided indicates that Waaree Renewable Energies Australia PTY Limited was functioning as a dormant company during the previous financial year (2025-26). Consequently, the turnover or revenue or income and net worth contributed by the subsidiary in the relevant period was NIL.
Key details regarding the deregistration process and the subsidiary's operations are presented below:
| Particular | Status/Details |
|---|---|
| Entity Deregistered | Waaree Renewable Energies Australia PTY Limited |
| Effective Date of Cessation | June 10, 2026 |
| Turnover/Revenue/Income in FY 2025-26 | NIL |
| Expected Completion Date of Sale/Disposal | Deregistered w.e.f June 10, 2026 |
| Consideration from Sale/Disposal | Not Applicable |
WAAREEENER Stock Price Movement
Shares of Waaree Energies Limited slipped by 0.15% to settle at ₹3028.8 today. The stock recorded a traded volume of 440,553 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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