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WAAREE Energies Limited ( (IN:WAAREEENER) ) has shared an announcement.
Waaree Energies Limited has announced a series of senior leadership changes following a board meeting held on March 20, 2026. The company and outgoing Whole-Time Director and CEO Amit Ashok Paithankar have mutually agreed to end his tenure earlier than previously communicated, effective March 20, 2026.
The board has approved the elevation of CEO-designate Jignesh Devchandbhai Rathod to Whole-Time Director and Chief Executive Officer from March 21, 2026, subject to shareholder approval. In parallel, Chief Financial Officer Sonal Shrivastava will step down at the close of business on March 20, 2026, with Group Head Finance Abhishek Pareek appointed as CFO and Key Managerial Personnel from March 21, 2026.
To strengthen its senior management bench, Waaree has also named Munna Singh as Deputy Chief Financial Officer and Varun Goenka as President – Growth & Strategy. These appointments indicate a broader realignment of the company’s executive team aimed at reinforcing its financial leadership and growth-focused functions as it navigates its next phase of expansion in the solar energy market.
More about WAAREE Energies Limited
Waaree Energies Limited is an India-based solar energy company focused on manufacturing and supplying photovoltaic modules and related solutions. The company operates in the renewable energy sector, serving domestic and international markets with solar PV products and project-related services, and is listed on both BSE and the National Stock Exchange of India.
Average Trading Volume: 136,670
Technical Sentiment Signal: Strong Buy
Current Market Cap: 907.9B INR
See more insights into WAAREEENER stock on TipRanks’ Stock Analysis page.