Waaree Energies Limited – BSE: 544277 / NSE: WAAREEENER

Announcement Date: 29 July 2026

Introduction

Waaree Energies Limited (BSE Code 544277, NSE Trading Symbol WAAREEENER) submitted a compliance filing to the Bombay Stock Exchange and the National Stock Exchange reporting a breach of its internal Code of Conduct under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Summary of the Report

1. Nature of the Violation

• Designated Person (DP): Mr. Ankit Ozarker, General Manager – Production Planning (PAN: AANPO5059Q).
• Incident: On 8 July 2026, 149 equity shares pledged by the DP were invoked by the lending institution because of a margin shortfall on the loan secured against those shares.
• Value of shares: Approximately ₹ 4.21 lakh.
• Trading window: The invocation occurred during the closed trading window, triggering the reporting requirement.

2. Company’s Response

• Action taken: The Board issued a written warning to Mr. Ozarker, directing him to maintain adequate margin and to strictly adhere to the Code of Conduct and SEBI PIT regulations.
• Rationale:
  • The invocation was not a voluntary trade by the DP.
  • The quantity of shares involved is immaterial.
  • No intent to breach SEBI regulations was identified.

3. Historical Context

• Previous violations: None reported since the last financial year.
• Monetary penalty: No amount was collected for the violation.

4. Reporting Details

Item	Detail
Scrip	BSE: 544277 / NSE: WAAREEENER
Date of breach	8 July 2026
Shares involved	149 pledged equity shares
Value	~₹ 4.21 lakh
Reason	Margin shortfall/non‑payment under loan secured by pledged shares
Company action	Written warning to the DP
Prior incidents	None
Fine/penalty	None

Regulatory Implications

• The filing complies with SEBI Circular SEBI/HO/ISD/ISD/CIR/P/2020/135 (dated 23 July 2020) requiring listed companies to report any insider‑trading‑related breaches by Designated Persons.
• No further regulatory penalties have been indicated at this stage.

Investor Takeaway

• The incident involves a small, isolated breach with no financial loss to the company and no evidence of intentional insider trading.
• Waaree Energies Limited has taken prompt corrective action by issuing a warning and reinforcing compliance expectations.
• No impact on the company’s financial statements or ongoing operations is disclosed in this filing.

The company will continue to monitor compliance with insider‑trading regulations and report any future incidents as required.