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

WAAREE Energies Ltd. has announced a board meeting to approve the establishment of an additional 1.6 GW module manufacturing line in Texas and a 3.2 GW line in Gujarat, enhancing production capacity significantly. The board appointed Mr. R.S. Loona as an Additional Non-Executive Independent Director for five years, effective March 26, 2025, and accepted the resignation of Mr. Jayesh Shah, whose term ended the same day. Mr. Ankit Doshi has also been appointed as President - Strategy. This strategic expansion and leadership changes indicate a commitment to growth and innovation, presenting a positive outlook for investor sentiment while signaling potential operational efficiencies.