Waaree promoter to give 1% equity stake to charity

Mumbai: The promoter family of Waaree Energies will donate 1% of its equity share capital towards charity, the renewable energy company said in a regulatory filing on Monday.

“The promoter family of Waaree, has committed to donate 1% of the equity share capital of the company towards charitable purposes,” it said in a filing with the BSE.

The announcement was made at the company’s 35th annual general meeting.

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