Waaree says 126% US CVD has no material impact
Waaree Energies Limited stated that the US Department of Commerce’s preliminary countervailing duty (CVD) of 126% on solar modules using India-manufactured cells does not pose a material risk to its operations or financial guidance. The clarification was issued during a special analyst and institutional investor call held on February 25, 2026. Senior management, including Amit Paithankar, Whole-Time Director and Chief Executive Officer (CEO); Sonal Shrivastava, Chief Financial Officer (CFO); and Abhishek Pareek, Group Head Finance,…