WAA Solar Limited , a key player in the solar energy sector, has issued a postal ballot notice seeking shareholder approval for the regularization of its recently appointed Independent Director. The company continues to strengthen its governance framework through strategic board appointments and transparent shareholder engagement.

Postal Ballot Notice and E-Voting Process

The company has issued a postal ballot notice dated January 19, 2026, under Regulation 30 of SEBI Listing Regulations, seeking member approval for regularization of Mr. Prashant Kumar Gupta's appointment as Non-Executive Independent Director. The key details of the postal ballot process are outlined below:

Director Appointment Details

The postal ballot seeks approval for regularization of Mr. Prashant Kumar Gupta's appointment, who was initially appointed by the Board of Directors. The appointment particulars are presented below:

Professional Background and Expertise

Mr. Prashant Kumar Gupta brings significant financial and compliance expertise to the board. His professional profile demonstrates relevant experience for the Independent Director role:

Scrutinizer and Compliance Framework

WAA Solar has appointed Mr. Haresh Kapuriya, Practicing Company Secretary and Partner of M/s. K H and Associates, as the Scrutinizer for conducting the postal ballot process. The company has engaged NSDL to facilitate remote e-voting, ensuring members can cast their votes electronically instead of physical postal ballot forms.

The postal ballot notice has been sent electronically to all eligible members whose email addresses are registered with the depositories (NSDL and CDSL) and the company's Registrar and Transfer Agent, Bigshare Services Private Limited. The results will be announced within two working days from the end of the e-voting period and will be communicated to BSE Limited and published on the company's website.

This governance initiative reflects WAA Solar's commitment to maintaining transparent board composition and ensuring proper regulatory compliance in the appointment of Independent Directors.

Waa Solar Limited has announced the appointment of Ms. Mansi Gopalbhai Heda as its new Company Secretary and Compliance Officer, effective August 05, 2025. This appointment comes following the resignation of the previous Company Secretary, Ms. Nikita Sadhwani.

New Appointment Details

The Board of Directors of Waa Solar Limited, based on recommendations from the Nomination and Remuneration Committee, approved Ms. Heda's appointment in a meeting held on August 05, 2025. Ms. Heda brings a strong academic background and relevant experience to her new role:

• Member of the Institute of Company Secretaries of India (Membership No. A75626)
• Graduate in Commerce (B.Com) and Law (L.L.B) from Maharaja Sayajirao University of Baroda
• Experience in handling compliances for listed companies, public companies (including a Government of Gujarat undertaking), and private companies
• Proficient in regulatory filings and secretarial work

Transition in Leadership

Ms. Heda's appointment follows the resignation of Ms. Nikita Sadhwani (Membership No. A56387), who served as the Company Secretary and Compliance Officer until August 04, 2025. Ms. Sadhwani stepped down from her position citing personal reasons.

Regulatory Compliance and Transparency

In its filing, Waa Solar Limited acknowledged a delay in informing the exchange about the new appointment within the specified timelines. The company attributed this delay to pending internal approvals within the management. They have assured stakeholders that steps are being taken to streamline processes to prevent such delays in the future.

Company Overview

Waa Solar Limited, with its registered office in Vadodara, Gujarat, operates in the solar energy sector.

This change in the key managerial personnel comes as Waa Solar Limited continues to navigate the dynamic renewable energy landscape in India. The appointment of Ms. Heda is expected to strengthen the company's compliance and secretarial functions, which are crucial for listed entities in maintaining transparency and adhering to regulatory requirements.