Waaree Energies Limited — Board Meeting, 25-03-2025: Outcome of Board Meeting

The board meeting confirmed key developments for WAAREE Energies. The company will establish an additional 1.6 GW module manufacturing line in Texas, along with a 3.2 GW facility in Gujarat. Mr. R.S. Loona has been appointed as an Additional Non-Executive Independent Director for five years, subject to shareholder approval. Mr. Jayesh Shah's term as Independent Director has ended. Additionally, Mr. Ankit Doshi has been appointed President - Strategy, enhancing senior management. These strategic moves aim to bolster WAAREE's manufacturing and leadership strength in the renewable energy sector.