Waaree Renewable Technologies Limited has informed the Exchange regarding Appointment of Mr Kamlesh Harchandani as CEO-Data centre in the category of SMP of the company w.e.f. September 01, 2025.
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On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 1.8 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Waaree Renewable Technologies Limited held a board meeting on August 26, 2025, approving several key items. Three individuals — Mr. Viren Doshi, Mr. Hitesh Mehta, and Mr. Sunil Rathi — were appointed as Whole Time Directors for 5-year terms. Mr. Kamlesh Harchandani was appointed as CEO-Data Centre under the Senior Management Personnel category, effective September 1, 2025. The board also appointed M/s Makarand M. Joshi & Co. as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30), subject to shareholder approval. Additionally, the 26th Annual General Meeting was scheduled for September 23, 2025, with the register of members closed from September 17-23, 2025.
The expansion of the board with three new Whole Time Directors and a dedicated CEO for the data centre vertical signals the company's strategic push into the data centre business alongside its core solar operations. Shareholders should note Mr. Viren Doshi is related to the Managing Director, indicating promoter family involvement in governance.