WAAREEINDONSEIndosolar LimitedHighNegative
Announced Fri, 20 Mar · 20:59 IST

Indosolar Limited has informed the Exchange regarding Resignation of Sonal Shrivastava as Chief Financial Officer of the company w.e.f. March 20, 2026.

Cfo ResignedManagement Changes View source PDF

WAAREEINDO · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+9.5%1-day move
₹385.15
prior close
₹395.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.1+2.0+1.3+2.3+9.5+4.4+0.1-4.9-0.1+4.3+33.7+20.4+2.7+6.2
Up moveDown movePending
AI summary

Ms. Sonal Shrivastava has resigned as Chief Financial Officer and Key Managerial Personnel of Indosolar Limited, effective from the close of business hours on March 20, 2026. She also served as CFO of Waaree Energies Limited, the parent/group company. In her resignation letter dated September 22, 2025, she stated she is leaving to pursue opportunities outside the Group. She has committed to ensuring a smooth transition during her notice period. The company has disclosed the required details under SEBI Listing Regulations.

Likely market impact

A CFO exit at a listed company is a key managerial change that investors typically monitor closely. Since the resignation appears voluntary and aimed at external opportunities, the immediate impact may be limited, but the company will need to appoint a replacement CFO in due course to avoid any leadership gap.