In addition to approving the results, the board of directors also agreed to the amended postal ballot notice to seek approval of the shareholders and the agenda, which included, among others, the amendment of memorandum of association of the company, the filing added.
During the meet, it approved some important appointments on Wednesday. These include the approval of Manmohan Sharma as the chief financial officer. It also cleared the appointment of Sudhir Arya as an additional director of the company.
The designation of Sunil Rathi, who was non-executive director, was changed to executive director. It also accepted the resignation of Mitul Mehta as an independent director.
Shares of Waaree Renewable closed 9.13% higher at Rs 1,023.90 apiece on the BSE, compared to a 0.4% advance in the benchmark Sensex.
