As of March 2024, 68.46% is owned by Indian Promoters and 31.54% by Public.

Top five Promoters holding highest number of shares of Waa Solar company are Madhav Power Private Limited (70.17 lakhs shares / 52.89%), Armaan Amit Trust (In The Name Of Trustee Ashok M. Khurana) (14.90 lakhs shares / 11.23%), Amit Ashok Khurana (4.74 lakhs shares / 3.58%), Madhav Ashok Trust (In The Name Of Trustee Ashok M. Khurana) (0.97 lakhs shares / 0.73%) and Ashok Madhavdas Khurana (4108 shares / 0.03%).

Out of 90.83 lakhs shares, Promoters of Waa Solar Company has over 67.66 lakhs (74.49%) shares on pledge as of March 31, 2024.