Waaree Renewable Technologies Share Price in Focus; Sets Up Wholly Owned Data Centre Subsidiary

Waaree Green Data Centers Private Limited, a wholly owned subsidiary of Waaree Renewable Technologies, incorporated Sunstar Data Centers Private Limited on September 11, 2026. Waaree Renewable Technologies informed the stock exchanges about the move on September 12.  

Sunstar is a new company and has not started operations yet. It therefore has no turnover at present. Its business will cover data centres, cloud infrastructure and other digital infrastructure services.   

New Company for Data Centre Business 

Sunstar Data Centers will work in the data centre business. Its planned activities include setting up, developing, owning, leasing, operating and managing data centres in India and abroad.  

The company can also work on hyperscale data centres, AI-ready data centres, edge data centres, disaster recovery centres and colocation facilities. 

Its planned services include cloud connectivity, network services, data storage, cybersecurity, AI infrastructure, GPU hosting and high-performance computing.  

Waaree Green Data Centers Owns 100% 

Sunstar Data Centers is fully owned by Waaree Green Data Centers Private Limited. Waaree Green Data Centers is itself a wholly owned subsidiary of Waaree Renewable Technologies.  

Waaree Green Data Centers will subscribe to Sunstar's memorandum of association through cash consideration. The filing does not mention any separate acquisition price or cost.  

No government or regulatory approval is required for the incorporation, according to the filing.  

Sunstar Yet to Start Operations 

Sunstar Data Centers was incorporated in India on September 11, 2026. The company has not started its operations, so there is no turnover history to report.  

The new company will focus on the data centre activities mentioned in the filing, including cloud infrastructure, digital infrastructure, AI infrastructure and related services.  

Read More: Wipro Share Price in Focus; CTO Says AI Productivity Gains Equivalent to 20,000 Workers! 

Waaree Renewable Technology Share Price Performance 

As of September 11, 2026, Waaree Renewable Technology share price closed at ₹831.95 per share, reflecting a decline of 0.23% from the previous trading session. 

Conclusion 

Waaree Renewable Technologies has added Sunstar Data Centers as a step-down wholly owned subsidiary. Sunstar will work in data centres and related areas such as cloud infrastructure, cybersecurity, AI infrastructure and GPU hosting. The company was incorporated on September 11 and has not started operations yet. 

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