About Waaree Renewables Technologies Ltd 
Waaree Renewables Technologies Ltd
Mid Cap
Electric Equipment
Sangam Renewables Limited was originally incorporated on 22 June 1999. The Company got converted into a Public Company on November 18, 2011 and thereafter the name was changed from `Sangam Renewables Limited' to `Waaree Renewable Technologies Limited' vide fresh Certificate of Incorporation issued by the Registrar of Companies on July 19, 2021.
Company Coordinates 
Capital Structure 
Present Equity Capital
INR 20.83 Cr
Number of Shares
10.42 Cr
Face Value
INR 2.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
20-Aug-2024
10.42
20.83
22275
2
Issued under ESOP Scheme
15-Mar-2024
10.41
20.83
83319412
2
Stock Split
15-Dec-2023
2.08
20.83
4713
10
Issued under ESOP Scheme
25-Aug-2023
2.08
20.83
10306
10
Issued under ESOP Scheme
08-Apr-2019
2.08
20.81
10800000
10
Allotment of Equity To Others
21-Jul-2014
1
10.01
3635959
10
Bonus
21-Jul-2014
1
10.01
3635959
10
Bonus
27-Mar-2014
63.79
6.38
264000
10
Allotment of Equity Shares To Promoter & Others
27-Mar-2014
63.79
6.38
264000
10
Allotment of Equity Shares To Promoter & Others
09-Aug-2012
61.15
6.11
2316000
10
Public Issues
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 47 FIIs (1.13%)
Promoter with highest holding
Waaree Energies Limited (74.39%)
Highest Public shareholder
Hitesh P Mehta (1.06%)
Individual Investors Holdings
19.57%
Management
Designation
Remuneration
Nilesh Gandhi
Chairman & Independent Directo
3.1 lacs
Mitul Mehta
Independent Non Exe. Director
2.3 lacs
Anita Jaiswal
Independent Non Exe. Director
3.3 lacs
Pujan Pankaj Doshi
Executive Director & MD
24.0 lacs
HITESH PRANJIVAN MEHTA
Executive Director & CFO
5.55 lacs
VIREN DOSHI CHIMANLAL
Executive Director
1.96 lacs
Sunil Nankishor Rathi
Non-Exec & Non-Independent Dir
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Advisory Fees
4.47
88.81%
Generation of Electricity from Solar Power Plant
0.56
11.19%
Advisory Fees
Advisory Fees
Generation of Electricity from Solar Power Plant
Generation of Electricity from Solar Power Plant
Revenue and Profits:
Net Sales:
360 Cr
(Quarterly Results - Dec 2024)
Net Profit:
54 Cr
Electric Equipment
INR 9,246 Cr (Mid Cap)
48.00
60
0.23%
-0.50
61.98%
28.04