Re 1.00/Sh Dividend, 1:5 Split: Solar Energy Stock Sets Record Date, Shares Rise 236% YTD

Waaree Renewable Technologies Ltd shares witnessed decline of 2.86% on BSE. Current market price of Waaree Renewable Technologies shares on BSE is Rs 1470.00 per share. Today the company fixed September 9, 2024 as the record date for dividend Re 1/- per equity share of the Rs 2/- each for the FY ended March 31, 2024. Waaree Renewable Technologies shares offered attractive return of 236% year-to-date and zoomed 461% in last 1-year. The company has a market capitalisation of Rs 15,309.94 crore. The company also carried out stock split in 1:5 proportion and shares traded ex-split on March 16, 2024. Check details below:

Waaree Renewable Technologies Sets Record Date For Dividend: As per the exchange filing of Waaree Renewable Technologies issued as on August 20, "pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the Register of Members and Share Transfer Books of the Company will remain closed from Tuesday, September 10, 2024, to Monday, September 16, 2024 (both days inclusive) for the purpose of Annual General Meeting and for payment of dividend for financial year 2023- 24, if declared at the AGM.Accordingly, the date for the purpose of determining entitlement of the members of the Company to receive dividend is Monday, September 09, 2024."

Payment of dividend for financial year 2023-24, if declared at the AGM, will be paid within 30 days from the date of AGM.

Waaree Renewable AGM: The exchange filing added, "pursuant to the MCA Circulars and SEBI Circulars issued from time to time, the 25th Annual General Meeting (AGM) of the Company will be held Monday, September 16, 2024."

Waaree Renewable Technologies Dividend: As per the May 10 BSE filing of the company, "recommendation of dividend of Re 1.00 /- per equity share of Rs 2/- each for the FY ended March 31, 2024, subject to approval of members at the ensuing Annual General Meeting (AGM) of the company."

Waaree Renewable Technologies Share Performance & Return: The 52-week high price of Waaree Renewable share on BSE is Rs 3037.75 per share (26/04/2024) and 52-week low price is Rs 226.32 apiece (as on 01/09/2023). Waaree Renewable Technologies shares slipped over 20% in last 1-month, gained 1764% in last 2-years, and offered highly attractive return of 4270% in last 3-years only. Waaree Renewable Technologies shares jumped 56312% in last 5-years only.

Waaree Renewable Technologies Stock Split: It conduced 1:5 stock split in 2024 and fixed March 16 as record date.

Waaree Renewable About: Waaree Renewables Technology Limited (WRTL) is a subsidiary company of Waaree Group and spearheading the Solar EPC business. Waaree Group has successfully installed 10000+ solar projects, with a total operating capacity of 600+ MW. It is also a solar developer that finances, constructs, owns, and operates solar projects. Headquartered in Mumbai, it operates across geographies, focusing on long-term investments within the commercial and industrial customer segments. This subsidiary was formed to tap into the growing renewable energy market, according to its official website.

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