Waa Solar Limited , a key player in the solar energy sector, has recently made significant announcements regarding its financial results and board composition. The company's Board of Directors convened at their registered office to discuss and approve several important matters.

Financial Results Approval

The board has approved the unaudited standalone and consolidated financial results for the half year ended September 30, 2025. These results were accompanied by limited review reports, ensuring a level of scrutiny over the financial statements. While specific financial figures were not disclosed in the announcement, the approval of these results indicates the company's commitment to financial transparency and regulatory compliance.

New Independent Director Appointment

In a move that could potentially strengthen the company's governance structure, the board has approved the appointment of Mr. Prashant Kumar Gupta as an Independent Director. Here are the key details of this appointment:

The appointment of Mr. Gupta as an Independent Director for a five-year term signals Waa Solar's focus on maintaining a robust and diverse board composition. Independent directors play a crucial role in providing unbiased perspectives and enhancing corporate governance practices.

Additional Board Actions

The board meeting, which was held at the company's registered office, concluded with the approval of other routine business matters. While the specifics of these routine approvals were not detailed in the announcement, they typically include administrative and operational decisions necessary for the smooth functioning of the company.

Waa Solar Limited's recent board meeting demonstrates the company's adherence to corporate governance norms and its commitment to keeping shareholders informed about significant developments. As the solar energy sector continues to evolve, such transparency and strategic appointments may prove crucial for the company's long-term growth and stakeholder confidence.

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.