Waaree Technologies Limited, a leading technology-driven company headquartered in Borivali (East), Mumbai, has submitted its Regulation 74(5) compliance certificate for the quarter ended 30th June 2025 with the Bombay Stock Exchange (BSE). This regulatory filing reaffirms the company’s ongoing commitment to transparency, accountability, and compliance under the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

What is Regulation 74(5)?

Regulation 74(5) under SEBI’s Depositories and Participants Regulations mandates that a company’s Registrar and Transfer Agent (RTA) must confirm receipt and dematerialisation of securities from depository participants and update records accordingly. The regulation ensures:

• Shares submitted for dematerialisation are verified and processed within stipulated timelines.

• The stock exchange records and the register of members are updated to reflect the depository as the registered owner.

• Physical share certificates are mutilated and cancelled upon confirmation.

This mechanism protects shareholder interests and promotes seamless conversion of physical shares into electronic format.

Filing Details

• Date of Waaree’s Letter to BSE: July 19, 2025

• Recipient: BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai

• Subject of Filing: Confirmation Certificate under Regulation 74(5) for Quarter Ended June 30, 2025

• Scrip Code: 539337

• Mode of Filing: Via Company Secretary and Compliance Officer

Registrar’s Confirmation

The official certificate was issued by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, the Registrar and Transfer Agent (RTA) for Waaree Technologies. The RTA’s office is located at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083.

Mr Ashok Shetty, Vice President – Corporate Registry at MUFG Intime, signed off the document on July 4, 2025, confirming the following:

• All securities received from depository participants for dematerialisation during the quarter were processed and either accepted or rejected.

• The securities that were confirmed for dematerialisation were mutilated and cancelled after due verification.

• Depository names were substituted in the company’s register of members as the new registered owners.

• All actions were carried out within the prescribed timelines, maintaining regulatory integrity.

Company Compliance

Mr Vibhor Kumawat, Company Secretary and Compliance Officer of Waaree Technologies (FCS-13284), officially signed the forwarding letter to BSE, ensuring that:

• The certificate from the RTA was enclosed and aligned with SEBI’s regulatory expectations.

• The company has taken cognizance of the regulation and its duties and submitted the same for BSE’s records.

• The documentation reflects Waaree’s commitment to corporate governance and compliance ethics.

Importance of the Filing

This routine but critical compliance exercise is important for several reasons:

• Transparency: It ensures that the company’s records are synchronised with the stock exchanges and depositories.

• Investor Protection: Shareholders gain assurance that their securities are being properly recorded and managed.

• Audit Trail: Regulatory bodies and auditors can track the lifecycle of physical-to-digital share conversions.

• Prevention of Fraud: Timely mutilation and substitution help avoid misuse or duplication of securities.

About Waaree Technologies Limited

Waaree Technologies is part of the reputed Waaree Group, known for its interests in solar technology, electronics, and innovative industrial solutions. The company’s registered office is situated at:

602, Western Edge-I, Western Express Highway, Borivali (East), Mumbai – 400066, Maharashtra, India.

Contact information:

• Tel: +91-22-6644 4444

• Fax: +91-22-6644 4400

• Email: waaree@waareetech.com

• Website: www.waareetech.com

• CIN: L74110MH2013PLC244911

About MUFG Intime India Private Limited

Previously operating under the name Link Intime India Pvt. Ltd., MUFG Intime India Pvt. Ltd. is a SEBI-registered RTA and part of MUFG Corporate Markets, which is a division of MUFG Pension & Market Services. The firm provides:

• RTA services

• Shareholder communication

• Corporate action management

• Regulatory compliance support

Conclusion

The submission of the Regulation 74(5) compliance certificate by Waaree Technologies reflects a disciplined approach to securities dematerialisation and statutory compliance. With timely cooperation from its RTA partner, MUFG Intime, the company has ensured that shareholder interests are safeguarded, and regulatory frameworks are respected.

This step may seem procedural, but it is essential for maintaining orderly market operations, investor trust, and transparency within the Indian capital market ecosystem.

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