Nature of the Event

Waaree Energies Limited has issued notice for its 36th Annual General Meeting (AGM) to be held on Thursday, September 24, 2026 at 11:00 A.M (IST) through Video Conferencing/Other Audio Visual Means facility. The deemed venue is the Registered Office at 602, Western Edge I, Western Express Highway, Borivali East, Mumbai - 400066, Maharashtra.

Key Quantitative Figures

  • Final dividend recommended: ₹2 per equity share of ₹10 face value (20% dividend)
  • Cost auditor remuneration: ₹1,30,000 plus reimbursement of out-of-pocket expenses and GST
  • Record date for dividend eligibility: September 11, 2026
  • E-voting period: September 20, 2026 (9:00 AM) to September 23, 2026 (5:00 PM)
  • Cut-off date for voting rights: September 17, 2026

Dates of Action

  • Board meeting date: August 29, 2026
  • AGM date: September 24, 2026
  • Record date: September 11, 2026
  • E-voting period: September 20-23, 2026
  • Speaker registration period: September 10-17, 2026
  • Mona Bhide's directorship term: August 30, 2026 to August 29, 2031

Parties Involved

  • Cost Auditors: M/s V. J Talati & Co (Firm Registration Number R0021)
  • Scrutinizer: M/s Makarand M. Joshi & Co
  • E-voting service provider: MUFG Intime India Private Limited
  • Directors: Viren Chimanlal Doshi (DIN:00207121), Mona Bhide (DIN:05203026)

Business Items

Ordinary Business

1. Adoption of audited standalone financial statements for FY 2025-26 with Board and Auditor reports

2. Adoption of audited consolidated financial statements for FY 2025-26 with Auditor report

3. Declaration of final dividend of ₹2 per equity share (20% on face value) for FY 2025-26

4. Reappointment of Mr. Viren Chimanlal Doshi (Whole-Time Director) who retires by rotation

Special Business

5. Ratification of remuneration of ₹1,30,000 payable to M/s V. J Talati & Co as Cost Auditors for FY 2026-27

6. Appointment of Ms. Mona Bhide as Independent Director for 5 years from August 30, 2026 to August 29, 2031

Director Information

Mr. Viren Chimanlal Doshi

  • DIN: 00207121, Age: 58 years
  • Qualification: Higher secondary from Maharashtra State Board
  • Experience: 18+ years in engineering industry, associated with company since November 26, 2007
  • Current responsibility: Overseeing engineering, procurement and construction of solar projects
  • Holds 12 directorships in other companies including Omntec Waaree Atg Pvt. Ltd., Waaree Infrastructure & Agritech Private Limited, etc.
  • Holds no shares in the company
  • Brother of Mr. Hitesh Doshi (Chairman and MD)
  • Attended 10 board meetings

Ms. Mona Bhide

  • DIN: 05203026, Age: 63 years
  • Qualification: LL.M from Northwestern University, LL.B from Mumbai University, B.Com from Mumbai University
  • Experience: Managing Partner of Dave & Girish & Co., Advocates since 1989, specializing in corporate law, securities law, banking transactions
  • Holds directorships in 5 listed entities: Vinati Organics Limited, Datamatics Global Services Limited, PCS Technology Limited, Benchmark Computer Solutions Limited, Federal Financial Services Limited
  • Holds no shares in the company
  • Founder of Renuka Legal Assistance pro-bono initiative

Voting Arrangements

  • Physical attendance dispensed with, no proxy facility available
  • Remote e-voting available through NSDL and CDSL platforms for demat shareholders
  • Physical shareholders and non-individual shareholders can vote through InstaVote platform
  • Institutional investors required to send board resolution/authorization documents to scrutinizer
  • Results to be declared within 2 working days post-AGM and published on company website

Dividend Distribution

  • Dividend payable to members registered as on September 11, 2026
  • Bank details as furnished with depositories will be used for payment
  • TDS will be deducted as per Income Tax Act, 1961 provisions

Document Availability

  • Notice and Annual Report available on company website: www.waaree.com
  • Available on stock exchange websites: BSE (www.bseindia.com) and NSE (www.nseindia.com)
  • Available on RTA website: https://instavote.linkintime.co.in
  • Register of Directors, KMP shareholding, and other documents available for electronic inspection