Mumbai: Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited, has informed stock exchanges that its wholly owned subsidiary, Waaree Green Data Centers Private Limited (formerly known as Sunsantional Energy Private Limited), has incorporated a new wholly owned step-down subsidiary named Sunstar Data Centers Private Limited on September 11, 2026.
In a regulatory filing dated September 12, 2026, submitted to BSE Limited (Scrip Code: 534618) and the National Stock Exchange of India Limited (Scrip Symbol: WAAREERTL) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company said the disclosure was being made in line with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
According to the details enclosed as Annexure A, Sunstar Data Centers Private Limited is a newly incorporated entity with nil turnover and belongs to the data center business. The company clarified that the incorporation does not fall within related party transactions, that neither the promoter nor the promoter group has any interest in the entity, and that no governmental or regulatory approvals are required for it.
The objects of the new entity include establishing, developing, designing, financing, constructing, owning, leasing, operating, maintaining, managing and commercializing data centers, hyperscale data centers, AI-ready data centers, edge data centers, disaster recovery centers, cloud infrastructure facilities, digital infrastructure parks and colocation facilities in India and abroad. It will also provide colocation, managed hosting, cloud connectivity, internet exchange, network services, disaster recovery, business continuity, data storage, cybersecurity, artificial intelligence infrastructure, GPU hosting, high performance computing and other digital infrastructure services.
On the nature of consideration, the filing stated that the transaction is cash-based, with Waaree Green Data Centers Private Limited acting as the subscriber to the Memorandum of Association of Sunstar Data Centers Private Limited. Waaree Green Data Centers Private Limited holds 100 percent of the share capital of the newly incorporated company. The filing added that Sunstar Data Centers Private Limited is yet to commence business operations and is incorporated in India.
