Waaree Energies Limited — Important, 11-11-2024: General Updates

Mr. Amit Paithankar and Ms. Sonal Shrivastava have been appointed as Chief Executive Officer (CEO) and Chief Financial Officer (CFO), respectively, of Indosolar Limited, a subsidiary of Waaree Energies Limited. Both appointments took effect immediately and were approved by the Board of Directors.

Mr. Paithankar brings over 25 years of experience in engineering, R&D, and general management, previously serving key roles in Emerson and ABB. His leadership is expected to bolster Indosolar's role in the renewable energy sector. Ms. Shrivastava, with 27 years in finance, held positions including Group CFO at Vedanta and CFO at Ambuja Cements. Her financial acumen will be crucial in supporting the company’s growth and investor relations strategies. The leadership changes position Indosolar for potential growth, aligning with India's renewable energy targets.