Intimation of Resignation of Mr. Kamal Lalani, Independent Director (DIN: 09141815) of the Company.
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Waa Solar Ltd has informed BSE that Mr. Kamal Lalani (DIN: 09141815) has resigned as an Independent Director of the Company, effective from the close of business hours on September 26, 2025. The reason cited is pre-occupation, and the director has confirmed there are no other material reasons behind his decision. He will also step down as Chairperson/Member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. Mr. Lalani has stated he does not wish to be re-appointed as an Independent Director. The Company Secretary, Mansi Heda, has signed the intimation filed under SEBI Listing Regulations.
This is a routine single independent director resignation due to personal pre-occupation with no governance red flags or material reasons disclosed, and is unlikely to have any material impact on the stock. The Board will need to fill the vacancy within permitted timelines to maintain the required composition of independent directors and key committees.