Waaree Energies Gets Shareholders' Nod To Raise Up To Rs 10,000 Cr Via QIP

Waaree Energies Secures Shareholder Approval for Major Capital Raise

Waaree Energies has received the green light from its shareholders to pursue a considerable capital raise. The company is set to raise as much as Rs 10,000 crore through a Qualified Institutions Placement, a strategic move aimed at enhancing its financial robustness.

In a related development, Jignesh Devchandbhai Rathod has been appointed as the Whole-Time Director and CEO. These important decisions were finalized through a remote e-voting process, marking a significant step forward for the company.