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

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 and another 3.2 GW line in Gujarat, aiming to enhance production capabilities. Mr. R.S. Loona has been appointed as an Additional Non-Executive Independent Director for five years, while Mr. Jayesh Shah's term concluded, marking his departure after a decade with the company. Additionally, Mr. Ankit Doshi has been elevated to President - Strategy, which positions him to drive growth. This strategic move reflects WAAREE's commitment to scaling operations and strengthening governance, potentially boosting investor confidence.