StockWatch
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Other Electrical Equipment
Management Change29 Aug 2026, 02:30 pm

Richa Goyal Completes 5-Year Term as Waaree Independent Director

AI Summary

Waaree Energies Limited announced the completion of Ms. Richa Goyal's first five-year term as a Non-Executive Independent Director, effective August 29, 2026. The company's board expressed gratitude for her contributions. The board meeting also approved consolidation of manufacturing facilities, a US$37 million capital expenditure for a subsidiary's US facility revamp, and the appointment of Ms. Mona Bhide as an Additional Non-Executive Independent Director. Additionally, the notice for the 36th AGM and the record date for the final dividend for FY25-26 were approved.

Key Highlights

  • Ms. Richa Goyal concludes her 5-year term as Independent Director.
  • Company appreciates Ms. Goyal's valuable contributions.
  • Board approves manufacturing facility consolidation.
  • US subsidiary to receive US$37 million capital expenditure.
  • Ms. Mona Bhide appointed as new Independent Director.