AI assistant
WAAREE RENEWABLE TECHNOLOGIES LIMITED — AGM Information 2025
Sep 23, 2025
60949_rns_2025-09-23_33fde514-728b-44b1-a75e-b7f955534e6c.pdf
AGM Information
Open in viewerOpens in your device viewer
==> picture [189 x 28] intentionally omitted <==
Execution with Pace & Comfort
September 23, 2025
To To The Manager The Manager BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East) Mumbai-400001 Mumbai - 400 051 Scrip Code: 534618 Scrip Symbol: WAAREERTL
Sub.: Proceedings of the 26[th] Annual General Meeting (‘AGM’) of Waaree Renewable Technologies Limited (‘the Company’) held on Tuesday, September 23, 2025
Dear Sir/Madam,
In terms of the General Circulars issued by the Ministry of Corporate Affairs (‘MCA’) on the subject matters and in compliance with the provisions of the Companies Act, 2013 (‘Act’) and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), the 26[th] AGM of the Company was held on Tuesday, September 23, 2025, at 11.15 a.m. (IST) through Video Conferencing (VC) to transact the business as stated in the Notice dated August 26, 2025, convening the AGM.
In this regard, please find enclosed herewith the Proceeding of the AGM as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Proceeding of the AGM is being made available on the Company’s website at www.waareertl.com.
The AGM commenced at 11.15 a.m. and concluded at 12.20 p.m.
Please acknowledge and take the same on your records.
Thanking you,
Yours faithfully,
For Waaree Renewable Technologies Limited
HEEMA Digitally signed by HEEMA KALPESHKU KALPESHKUMAR SHAH Date: 2025.09.23 MAR SHAH 17:34:18 +05'30' Heema Shah Company Secretary ACS 52919 Email Id: [email protected]
Enclosed: As above
Waaree Renewable Technologies Limited
(A subsidiary of Waaree Energies Limited)
504, Western Edge-1, Off. Western Express Highway, Tel.: +91 22 6644 4444 CIN : L93000MH1999PLC120470 Borivali (E), Mumbai 400 066. Maharashtra INDIA E : [email protected] GST: 27AADCS 1824J2ZB W : www.waareertl.com
==> picture [189 x 28] intentionally omitted <==
Execution with Pace & Comfort
September 23, 2025
To To The Manager The Manager BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East) Mumbai-400001 Mumbai - 400 051 Scrip Code: 534618 Scrip Symbol: WAAREERTL
Sub: Proceeding of the 26[th] Annual General Meeting of the Company held on September 23, 2025 - through video conferencing (VC) / other audio visual means (OAVM)
Dear Sir/Madam,
Pursuant to Regulation 30 read with Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the 26[th] Annual General Meeting of the Company was duly held on Tuesday, September 23, 2025 at 11.15 a.m. (IST) through video conferencing (VC) / other audio visual means (OAVM) in compliance with the circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI) in this regard, and as per the applicable provisions of the Companies Act, 2013 read with the relevant rules made thereunder and the proceedings of the same are given herein below;
The following were present through video conferencing (VC)/other audio-visual means (OAVM):
- Mr. Nilesh Gandhi : Non-Executive -Independent Director and Chairman of the Company, Chairman of Audit Committee, Risk Management Committee and CSR Committee. 2. Mrs. Ambika Sharma : Non-Executive –Independent Director and Chairperson of Stakeholder Relationship Committee 3. Mr. Sunil Jain : Non-Executive –Independent Director and Chairman of Nomination and Remuneration Committee 4. Mr. Pujan Doshi : Managing Director 5. Mr. Viren Doshi : Executive Director 6. Mr. Hitesh Mehta : Executive Director 7. Mr. Sunil Rathi : Executive Director 8. Mr. Manmohan Sharma : Chief Financial Officer 9. Ms. Heema Shah : Company Secretary & Compliance Officer 10. Mr. Divesh Shah : Representative of KKC & Associate LLP, Statutory Auditor, 11. Mr. Vaibhav Dandawate : Representative of MMJB & Associates LLP, Secretarial Auditor
Further Mr. Sudhir Arya, Non-Executive Independent Director of the Company, was unable to attend this AGM due to pre-occupancy.
Waaree Renewable Technologies Limited
(A subsidiary of Waaree Energies Limited)
504, Western Edge-1, Off. Western Express Highway, Tel.: +91 22 6644 4444 CIN : L93000MH1999PLC120470 Borivali (E), Mumbai 400 066. Maharashtra INDIA E : [email protected] GST: 27AADCS 1824J2ZB W : www.waareertl.com
==> picture [189 x 28] intentionally omitted <==
Execution with Pace & Comfort
Mr. Nilesh Gandhi, Chairman of the Company, chaired the 26[th] Annual General Meeting. Before commencing with the proceedings of the Meeting, the Company Secretary briefed the Members about the procedure for participation in the Meeting through video conferencing. The Company had availed the facility provided by CDSL for holding the AGM through VC/OAVM and for remote e-voting as well as e-voting at the time of AGM. Chairman then introduced the Directors, KMP and other Invitees present at the 26[th] Annual General Meeting.
Total 45 Members were present in the Meeting in person. Requisite quorum in accordance with Section 103 of the Companies Act, 2013 being present, 26[th] Annual General Meeting was called in order to conduct the proceedings of the Meeting. The Chairman acknowledged the presence of Members and other invitees.
The Notice convening the Meeting together with Financial Statement, Director’s Report were taken as read with the consent of the Members present. Further the Auditor’s report was taken as read with the consent of the Members present as there was no qualification reservations, adverse remarks or disclaimer in the Audit report. The Secretarial Audit Report was also taken as read with the consent of the Members present as there were no qualification or adverse comments which have any material bearing on the functioning of the Company.
The Chairman read out the businesses as mentioned in the Notice convening the AGM as under:
==> picture [444 x 332] intentionally omitted <==
----- Start of picture text -----
Sr. No. Agenda Resolution to be passed
1. Adoption of the Audited Standalone and Ordinary Resolution
Consolidated Financial Statements of the Company
for the financial year ended March 31, 2025
2. To re-appoint a director, in place of Mr. Hitesh Ordinary Resolution
Mehta (DIN: 00207506), who retires by rotation and
being eligible, seeks re-appointment as Director
3. Appointment of Secretarial Auditor Ordinary Resolution
4. Approval for increase in overall Borrowing Limits of Special Resolution
the Company as per Section 180 (1) (c) of the
Companies Act, 2013
5. To seek approval under Section 180(1)(a) of the Special Resolution
Companies Act, 2013
6. Appointment of Mr. Viren Doshi (DIN: 00207121) as Ordinary Resolution
a Whole Time Director of the Company
7. Appointment of Mr. Hitesh Mehta (DIN: 00207506) Ordinary Resolution
as a Whole Time Director of the Company
8. Appointment of Mr. Sunil Rathi (DIN: 08036090) as Ordinary Resolution
a Whole Time Director of the Company
9. Approval of Material Related Party Transaction with Ordinary Resolution
Waaree Energies Limited
10. Approval of Material Related Party Transaction with Ordinary Resolution
Waaree Forever Energies Private Limited
11. Approval of Material Related Party Transaction with Ordinary Resolution
Indosolar Limited
----- End of picture text -----
Waaree Renewable Technologies Limited
(A subsidiary of Waaree Energies Limited)
504, Western Edge-1, Off. Western Express Highway, Tel.: +91 22 6644 4444 CIN : L93000MH1999PLC120470 Borivali (E), Mumbai 400 066. Maharashtra INDIA E : [email protected] GST: 27AADCS 1824J2ZB W : www.waareertl.com
==> picture [189 x 28] intentionally omitted <==
Execution with Pace & Comfort
- Approval of Material Related Party Transaction with Ordinary Resolution Waaneep Solar One Private Limited 13. To approve the revision in the remuneration of Mr. Special Resolution Pujan Doshi (DIN: 07063863), Managing Director of the Company.
The Company Secretary then invited the members who had registered themselves in advance by sending request from their registered email id to express their views/ ask questions in the AGM. The CFO and Managing Director of the Company replied to the queries raised by the speaker shareholders in the AGM.
The Company Secretary then informed the Members that remote electronic voting facility had commenced on Saturday, September 20, 2025 at 09:00 a.m. and ended on Monday, September 22, 2025 at 5:00 p.m. During this period, Members of the Company, holding shares as on the cut-off date (record date) of Tuesday, September 16, 2025, were eligible to cast their vote electronically.
The Company Secretary informed the Members that E-voting facility on the platform of CDSL would remain open for the next 30 minutes to enable those Members who had not cast their vote to vote on the resolutions, as set out in the Notice of AGM and introduced Ms. Shruti Somani, Practicing Company Secretaries who was appointed as Scrutinizer for conducting e-voting process.
She further informed the Members that the results would be declared based on the report of Scrutinizer on both Remote e-voting and e-voting during the AGM, within 2 working days of the conclusion of the Meeting and would be placed at the website of Company and CDSL and same would also be intimated to BSE Limited and National Stock Exchange of India Limited (NSE).
Thereafter, the Meeting concluded with vote of thanks to the Chair at 12.20 p.m. after conclusion of e- voting.
Please take the same on your records and suitably disseminated at all concerned.
Thanking you,
Yours faithfully,
For Waaree Renewable Technologies Limited
HEEMA Digitally signed by HEEMA KALPESHKU KALPESHKUMAR SHAH Date: 2025.09.23 MAR SHAH 17:34:57 +05'30'
Heema Shah Company Secretary ACS 52919 Email Id: [email protected]
Waaree Renewable Technologies Limited
(A subsidiary of Waaree Energies Limited)
504, Western Edge-1, Off. Western Express Highway, Tel.: +91 22 6644 4444 CIN : L93000MH1999PLC120470 Borivali (E), Mumbai 400 066. Maharashtra INDIA E : [email protected] GST: 27AADCS 1824J2ZB W : www.waareertl.com