Waaree Energies Ltd has accepted the resignation of Sanjeev Pushkarna from the position of Chief Procurement Officer, effective June 19, 2026. The company disclosed this change in senior management personnel to the stock exchanges, confirming that the resignation took effect at the close of business hours on the specified date. This development marks a departure in the firm's procurement leadership structure.

The resignation was communicated pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. In his resignation letter addressed to the Whole-time Director & CEO, Pushkarna explained that the decision was made after careful consideration to transition to a new professional and personal chapter that aligns with his long-term aspirations and goals.

Details of the Change

The company filed the necessary disclosures with BSE Limited and the National Stock Exchange of India Limited. The filing included an annexure detailing the specifics of the personnel change, which categorized the event as a resignation.

Pushkarna expressed gratitude for the opportunities provided during his tenure and acknowledged the support extended by the leadership team and colleagues. He wished the Waaree Group continued success and future prosperity in his communication. The company has updated its records to reflect this change in its senior management roster.

Waaree Energies Limited has received shareholder approval to raise capital aggregating up to ₹10,000 crores through a Qualified Institutions Placement (QIP). The resolution to issue equity shares or other eligible securities to eligible investors was passed via a remote e-voting process concluded on June 13, 2026. This capital raise initiative is aimed at bolstering the company's financial resources for future growth.

In addition to the fund raise, shareholders approved the appointment of Mr. Jignesh Devchandbhai Rathod (DIN: 11121448) as a Director of the company. A separate ordinary resolution was also passed to appoint him as the Whole-Time Director & Chief Executive Officer, determining the remuneration payable to him. These appointments are intended to strengthen the company's leadership structure.

The postal ballot process was scrutinized by Mr. Vaibhav Dandawate, Partner of M/s. Makarand M. Joshi & Co., Practicing Company Secretaries. The remote e-voting period commenced on May 15, 2026, and concluded on June 13, 2026. A total of 716,505 shareholders were on record as of the record date, May 9, 2026.

Voting Results Summary

All three resolutions were passed with the requisite majority. The special resolution for the QIP required a higher threshold, which was met with strong support from public institutions and non-institutions. The scrutinizer confirmed there were no invalid votes cast on the resolutions. The promoter group voted entirely in favour of all proposals, while public shareholders also supported the resolutions with significant majorities.

The following table presents the detailed voting outcome for each resolution: