Waaree to Acquire 76% in Smart Meter Maker Racemosa Energy for ₹53 Cr Waaree Energies’ subsidiary, Waaree Power, at a Board Meeting approved a plan to subscribe to 76% of the share capital of smart meter business Racemosa Energy (India).

#Waaree is estimated to acquire #RacemosaEnergy (India) for approximately ₹53 cr. Through the latest acquisition, the company said, it aims to integrate #smartmeters to strengthen Waaree’s presence across the energy value chain.

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