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WAAREE Energies Limited ( (IN:WAAREEENER) ) has issued an update.
Waaree Energies Limited has announced a series of senior management changes following a Board meeting held on March 20, 2026, in Mumbai. The company and Amit Ashok Paithankar have mutually agreed to advance his exit as Whole-Time Director and Chief Executive Officer, with his tenure ending on March 20, 2026, earlier than previously indicated.
The Board has approved the elevation of Jignesh Devchandbhai Rathod, currently CEO-Designate, to the role of Whole-Time Director and Chief Executive Officer from March 21, 2026, subject to shareholder approval. In parallel, Chief Financial Officer Sonal Shrivastava will cease to serve from the close of business on March 20, 2026, with Group Head Finance Abhishek Pareek stepping in as CFO and Key Managerial Personnel from March 21, 2026.
To further strengthen its leadership bench, Waaree has also named Munna Singh as Deputy Chief Financial Officer and Varun Goenka as President – Growth & Strategy. The coordinated reshuffle signals a broader leadership transition aimed at reinforcing financial oversight and strategic growth capabilities as the company navigates its next phase of expansion in the renewable energy sector.
More about WAAREE Energies Limited
Waaree Energies Limited is an India-based company operating in the solar energy and renewable power equipment sector. The company focuses on manufacturing and supplying solar energy solutions and related products, serving domestic and international markets from its headquarters in Mumbai.
Average Trading Volume: 136,670
Technical Sentiment Signal: Strong Buy
Current Market Cap: 907.9B INR
For an in-depth examination of WAAREEENER stock, go to TipRanks’ Overview page.