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Waaree Energies gets shareholders' nod to raise up to Rs 10,000 cr via QIP

As reported by Stocks-Markets-Economic Times
Waaree Energies shareholders have approved a significant capital raise. The company can now raise up to Rs 10,000 crore through a Qualified Institutions Placement. This move will bolster the company's financial standing. Additionally, Jignesh Devchandbhai Rathod has been appointed as Whole-Time Director and CEO. These approvals were confirmed through a remote e-voting process.
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Waaree Energies shareholders have approved a significant capital raise, allowing the company to raise up to Rs 10,000 crore through a Qualified Institutions Placement. This move is expected to bolster its financial standing and support future growth. Additionally, Jignesh…

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