Websol Energy System Limited , a key player in the energy sector, has announced significant corporate governance changes following a board meeting held on October 17th, 2025. The company's Board of Directors has approved the re-appointment of Ms. Sanjana Khaitan as Whole-time Director, subject to shareholder approval.

Key Developments

1. Re-appointment of Whole-time Director

   • The board has approved the re-appointment of Ms. Sanjana Khaitan as Whole-time Director for a three-year term.
   • This decision is subject to shareholder approval through a postal ballot.

2. Postal Ballot

   • The company will conduct a postal ballot to seek shareholder approval for Ms. Khaitan's re-appointment through an ordinary resolution.

3. Equity Share Subdivision

   • Websol Energy System Limited expects to complete its equity share subdivision process by November 2025.

About Ms. Sanjana Khaitan

Board Meeting Details

The re-appointment of Ms. Khaitan aligns with Regulation 17 (1C) (b) of SEBI (LODR) Regulations, 2015. This move suggests the company's confidence in her leadership and her potential contribution to Websol Energy System's future growth and operations.

The upcoming postal ballot for shareholder approval and the planned equity share subdivision indicate that Websol Energy System is taking proactive steps in its corporate governance and capital structure management. These actions may have implications for the company's ownership structure and potentially its market valuation.

Investors and stakeholders will be keenly watching these developments, particularly the outcome of the postal ballot and the completion of the share subdivision process. These changes could potentially impact the company's governance structure and market dynamics in the coming months.

Websol Energy System Limited , a key player in the renewable energy sector, has unveiled ambitious plans for growth and shareholder value enhancement. The company's board of directors, in a meeting held on September 1, 2025, approved several significant measures that are set to reshape its market presence and operational capacity.

Stock Split to Enhance Accessibility

In a move aimed at improving stock affordability and accessibility for retail investors, Websol Energy's board has greenlit a 1:10 stock split. This decision will see the face value of each equity share reduced from ₹10.00 to ₹1.00. The split is expected to increase the number of outstanding shares from 4,22,06,347 to 42,20,63,470, without altering the company's overall market capitalization.

The stock split is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for September 29, 2025. If approved, the split is anticipated to be completed by October 2025.

Massive Solar Expansion Project

In a bold step towards capitalizing on India's growing solar energy demand, Websol Energy has announced a substantial ₹3,000.00 crore expansion project for its solar business operations. This expansion will significantly boost the company's manufacturing capabilities:

Upon completion of all phases, Websol Energy's total capacity will reach an impressive 5.2 GW for solar cells and 4.55 GW for solar modules.

Financing and Strategic Moves

The company plans to finance this extensive expansion through a combination of debt from banks and financial institutions, equity, and internal accruals. To facilitate the expansion, Websol Energy has also proposed the incorporation of a wholly-owned subsidiary named "Websol Renewables Private Limited" (subject to regulatory approvals).

Management Changes

In other developments, the board approved the re-appointment of Ms. Sanjana Khaitan as Whole-time Director for a three-year term starting October 1, 2025. Additionally, Mrs. Sreeram Vasanthi will step down from her role as Non-Executive Director effective September 1, 2025, to take on the position of Chief Technical Officer (CTO).

Looking Ahead

S.L. Agarwal, Managing Director of Websol Energy, commented on the developments, stating, "These strategic decisions reflect our commitment to growth and our confidence in the future of solar energy in India. The stock split will make our shares more accessible to a broader investor base, while our expansion plans position us to meet the escalating demand for solar products in the country."

As Websol Energy embarks on this ambitious journey, the renewable energy sector in India watches closely. The company's expansion plans, if executed successfully, could significantly impact the solar energy landscape in the country and potentially reshape Websol's market position in the coming years.