Waaree Energies Shares In Focus Amid Investigation From Income Tax Department

Waaree Energies reported that its offices and facilities received visits from the Income Tax Department to conduct investigations under the Income Tax Act, 1961. (Image: X proflie) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Shares of Waaree Energies will be in focus heading into Wednesday's trading session following reports of an Income Tax Department investigation into their offices.

The solar energy solutions provider confirmed on Tuesday that officials from the Income Tax Department visited their offices and facilities as part of an investigation under the Income Tax Act, 1961.

"We hereby inform that today certain officials of the Income Tax Department visited some of the Company’s offices and its facilities in India for conducting an investigation under the Inco