Waaree Energies Limited has informed the Exchange about the Newspaper advertisement confirming dispatch of Postal Ballot Notice
WAAREEENER · price
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Waaree Energies has informed exchanges that the Postal Ballot Notice, originally dated April 22, 2025, was dispatched to members via email on May 14, 2025. A newspaper advertisement confirming the dispatch was published on May 15, 2025 in Financial Express (English) and Mumbai Lakshwadeep (Marathi). The postal ballot seeks shareholder approval on four items: appointment of Mr. Rajendra Singh as Independent Director, amendment to the Waaree Energies ESOP 2021, extension of ESOP 2021 benefits to subsidiary employees, and appointment of Mr. Ankit Gupta as Chairman & Managing Director. E-voting runs from May 9, 2025 (9:00 AM) to June 14, 2025 (6:00 PM), with results to be announced by June 17, 2025. MUFG Intime India is the RTA handling the e-voting process.
Shareholders who held shares as of the May 9, 2025 cut-off date should cast their e-votes before June 14, 2025 to participate in approving the new CMD appointment and ESOP changes. The new CMD appointment is a notable leadership change worth tracking for investors.