Waaree Energies acquires 64% stake in Kotsons Private Limited

Waaree Energies Limited acquired a 64% equity stake in Kotsons Private Limited through a primary capital infusion of about ₹192 crores, making Kotsons a subsidiary. Kotsons manufactures transformers at its Alwar, Rajasthan facility with 4,000 MVA capacity.

“Transformers are a critical enabler in solar projects.”solarquarter.com

• 2 sources
• solarquarter.comWaaree Energies Enters into Transformer Business with Strategic Majority Acquisition of Kotsons Private Limited - SolarQuarterKavithaSep 3, 2025
• pv-magazine-india.comWaaree Energies enters transformer business with majority acquisition of Kotsons - pv magazine IndiaUma GuptaSep 3, 2025

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