Waaree Energies Limited — Others, 25-03-2025: Appointment

WAAREE Energies Ltd. has announced a board meeting outcome highlighting significant developments. The board approved the establishment of an additional 1.6 GW module manufacturing line in Texas, USA, and 3.2 GW capacity expansion at its Gujarat plant. Mr. R.S. Loona has been appointed as an Independent Director for a five-year term starting March 26, 2025, following Mr. Jayesh Shah’s departure after completing his term. Mr. Ankit Doshi has been designated as President - Strategy. These strategic appointments and expansions could enhance operational capabilities and investor confidence, paving the way for growth in the renewable energy sector.