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Waaree Renewable Technologies Ltd

NSE: WAAREERTL BSE: 534618

₹1066.05

(-2.50%)

Tue, 28 Apr 2026, 04:26 pm

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Company History

1999

  • The company was incorporated as Sangam Advisors Private Limited.
  • The company's Memorandum and Articles of Association were subscribed to by Mr. Bhanwarlal Toshniwal, Ms. Deepa Toshniwal, and Ms. Neelam Toshniwal.

2010

  • The management of the company was taken over by M/s. Giza Estates Private Limited.

2011

  • The company became a Public Limited Company.
  • A fresh Certificate of Incorporation was issued by the Registrar of Companies, Mumbai, Maharashtra.
  • The company issued a bonus in the ratio of 3.5:1.

2012

  • Sangam Advisors got its shares listed on the Exchange in the list of 'MT' Group Securities.

2014

  • The company allotted 36,35,959 equity shares of Rs. 10/- each as fully paid-up bonus shares to the equity shareholders in the proportion 57:100.
  • The company announced a bonus in the ratio of 57:100.

2017

  • The company received a 'Letter of Award' from Maharashtra State Power Generation Corporation (MAHAGENCO).

2018

  • The company name was changed to Sangam Renewables Ltd. from Sangam Advisors Ltd.

2021

  • The company name was changed to Waaree Renewable Technologies Ltd. from Sangam Renewables Ltd.
  • The company received a letter of award from India-focused renewable energy group for Engineering, Procurement, and Construction.
  • The company received an order from Masaya Solar Energy Private Limited for executing a solar power project.
  • The company successfully commissioned the 16 MW mounted solar project in Gavhankund, Maharashtra.
  • The company bagged multiple orders for executing solar power projects with a combined capacity of 18.40 MW on an Engineering, Procurement, and Construction basis.

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