Secondary Issues
Solar PV cells maker Waaree Energies gets shareholders’ nod to raise Rs.10,000-Cr via QIP
Mumbai-based photovoltaic cell maker Waaree Energies has received shareholder approval to raise Rs.10,000-Cr through equity shares via a qualified institutions placement (QIP).
Between Jan 2015 and Jun 2023, Waaree Energies had attracted about $ 269 M from Peak Ventures, Kalpavriksh Fund, ValueQuest and others.For FY25, Waaree Energies had reported about INR 12,765 Cr in Operating Income and about INR 1,781 Cr in PAT.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
