Waaree Energies: Shares jump after company acquires 64% stake in Kotson’s Private LimitedWaaree Energies: Shares jump after company acquires 64% stake in Kotson’s Private Limited

Introduction

Leading renewable energy and transformer solutions company announced acquisitions of 64% in a transformer manufacturing firm and 100% in a step-down renewable energy subsidiary, expanding operations, supply chain control, and market presence.

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Share price movement of Waaree Energies

On September 3, 2025, Waaree Energies Ltd opened at ₹3,238.35, up 1.27% from its previous close of ₹3,198.35. The stock reached a high of ₹3,247.95 and a low of ₹3,196.80. By 12:19 PM, it traded at ₹3,210.20, a 0.37% increase, with a market cap of ₹92,223.65 crore.

Waaree Energies Acquires Kotson’s and Impactgrid Shares

Waaree Energies Limited approved acquiring 64% of Kotson’s Private Limited for ₹192 crore. Kotson’s, incorporated in 1978, designs, manufactures, and supplies transformers. The acquisition will make Kotson’s a subsidiary of Waaree Energies.

The board also approved acquiring 100% of Impactgrid Renewables Private Limited, a step-down subsidiary, from Waaree Forever Energies Limited. Impactgrid is newly incorporated and non-operational. Both acquisitions involve cash consideration and are planned for completion by September 30, 2025.

Kotson’s offers oil-filled, dry-type, and special-purpose transformers with 4,000 MVA production capacity. The acquisitions aim to expand Waaree Energies’ operations in transformer manufacturing and renewable energy, and enhance supply chain control and market reach.

Recent news on Waaree Energies

As of August 28, 2025, Waaree Energies Ltd secured a 452 MW solar modules order from a US-based utility-scale solar and energy storage developer, set for execution over FY26 and FY27, expanding its international presence.

Stock performance of Waaree Energies for Period of 1 week, 1 month, and 6 months

Waaree Energies Ltd delivered a -2.03% return over the past week. The stock gained 3.58% in the past month and increased 43.7% over the past six months.

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Shareholding pattern of Waaree Energies

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	64%	64%	64%
FII	2.70%	0.70%	1.40%
DII	2.90%	2.50%	2.70%
Public	30.20%	32.50%	31.60%

About Waaree Energies

Waaree Energies Limited (NSE: WAAREEENER), incorporated in 1990, is an Indian solar PV module manufacturer. It has five manufacturing facilities in India, a total installed capacity of 12 GW, and an international presence.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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