# 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.

- Type: Acquisition
- Announced: 2025-09-03
- Where: Alwar, Rajasthan, India
- Value: $23.0M (1.92B INR)
- Status: announced
- Capacity: 4,000 MVA
- Products: transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Waaree Energies](https://endata.com/companies/79152.md) (acquirer)
- [Kotsons Private Limited](https://endata.com/companies/87057.md) (target)

## Sources

- [solarquarter.com](https://solarquarter.com/2025/09/03/waaree-energies-enters-into-transformer-business-with-strategic-majority-acquisition-of-kotsons-private-limited/), 2025-09-03: "Transformers are a critical enabler in solar projects."
- [pv-magazine-india.com](https://www.pv-magazine-india.com/2025/09/03/waaree-energies-enters-transformer-business-with-majority-acquisition-of-kotsons/), 2025-09-03: "Transformers are a critical enabler in solar projects and renewable energy infrastructure, ensuring reliable grid integration and efficient power distribution."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.