Outcome of Board Meeting held on October 01, 2025

Waaree Energies Ltd. has approved significant capacity expansions in its manufacturing plants during a recent Board meeting. The Lithium Ion Advanced Chemistry Storage Cell and BESS manufacturing plant capacity will increase from 3.5 GWh to 20 GWh, with an additional capital expenditure of approximately Rs 8000 crores. Additionally, the Electrolyser manufacturing plant capacity will rise from 300 MW to 1000 MW, and the Inverter manufacturing plant capacity will increase…

Reported results are the point at which prior management commitments become checkable against audited or reviewed numbers.

• Margin trend against the prior period
• Cash from operations against reported profit
• Whether prior guidance is reaffirmed
• We remain confident in our long-term growth trajectory and reaffirm our FY27 Operating EBITDA guidance of ₹7,0 (management committed by FY27)
• 10 GW Cell facility at Unn, Gujarat is progressing as per plan & expected to start production in current finan (management committed by FY27)