Waaree Energies will get shareholders’ nod to boost as much as Rs 10,000 cr by way of QIP

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Waaree Energies will get shareholders’ nod to boost as much as Rs 10,000 cr by way of QIP

Afternoon Energies on Monday mentioned that it’s got shareholders’ approval to boost as much as Rs 10,000 crore by way of the issuance of fairness shares on a Certified Establishments Placement foundation.

On April 29, the board of the corporate accepted elevating of as much as Rs 10,000 crore by way of the issuance of fairness shares, non-convertible debenturesalong with warrants, another eligible securities convertible into fairness shares of the corporate, or any mixture (collectively, securities) on Certified Institutional Placement.

In keeping with a regulatory submitting, the corporate bought shareholders’ approval to boost capital by way of a certified establishments placement.
The shareholders additionally accepted the appointment of Jignesh Devchandbhai Rathod as a Complete-Time Director & CEO of the corporate.
“…the resolutions as proposed within the postal poll discover dated Might 14, 2026, have been handed by the shareholders by distant e-voting course of with requisite majority, on Saturday, June 13, 2026 (final date of distant e-voting),” it acknowledged.

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