Waaree Energies gets shareholders' nod to raise up to Rs 10,000 cr via QIP (opens original article in a new tab)

Waaree Energies secured shareholder approval to raise up to Rs 10,000 crore through Qualified Institutional Placement and appointed a new CEO.

• Waaree Energies received shareholders' approval to raise up to Rs 10,000 crore via QIP.
• The company's board approved raising capital through equity shares, non-convertible debentures, warrants, or other convertible securities.
• Shareholders approved the appointment of Jignesh Devchandbhai Rathod as Whole-Time Director & CEO.