Waaree Renewable Technologies Limited has informed the Exchange regarding Appointment of Mr Hitesh Mehta as Whole Time Director of the company w.e.f. August 26, 2025.
WAAREERTL · price
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Waaree Renewable Technologies (subsidiary of Waaree Energies) held a board meeting on August 26, 2025 and approved several items. Three new Whole Time Directors were appointed for 5-year terms each: Viren Doshi (already with the group since inception, oversees solar EPC), Hitesh Mehta (30+ years in engineering, solar and oil), and Sunil Rathi (30+ years in sales and marketing, leads group strategy and finance). Viren Doshi is related to the Managing Director Pujan Doshi. The board also approved Makarand M. Joshi & Co. as Secretarial Auditor for 5 years from FY26, and appointed Kamlesh Harchandani (29 years experience, 16+ in data centres) as CEO-Data Centre under Senior Management Personnel from September 1, 2025. The 26th AGM is set for September 23, 2025, with the shareholder register closed from September 17 to 23, 2025.
The board expansion brings in a mix of promoter-family continuity and experienced external professionals, signalling strengthening of leadership as the company grows in solar EPC and data centre businesses. For shareholders, this is a governance and capacity-building update rather than a direct financial trigger; no immediate material impact on stock price is expected.