Waaree Energies Forms New Subsidiary Hydro Bloom Energy for Power Projects

• Waaree Energies' wholly-owned subsidiary, Waaree Forever Energies Private Limited (WFEPL), formed a new wholly-owned subsidiary: Hydro Bloom Energy Private Limited.
• Hydro Bloom Energy Private Limited was established on December 18, 2025, to facilitate and hold IPP (Independent Power Producer) power projects.
• WFEPL holds a 100% stake in the new entity, which is registered with the Registrar of Companies, Mumbai.
• This move is part of Waaree Group's strategy to strengthen its presence in the power and renewable energy segments.
• Waaree Energies shares surged 6.20% on Friday, closing at Rs 3,057, following its inclusion in NSE's F&O segment.

Why It Matters: Waaree Energies expands into power projects with new subsidiary Hydro Bloom Energy, shares surge.