Waaree Energies Limited took note of the cessation of Ms. Sonal Shrivastava from the position of the Chief Financial Officer of the Company from the closure of business hours on March 20, 2026 upon completion of the requisite notice period. Ms. Sonal Shrivastava submitted her resignation to pursue opportunities outside the Group, focusing more on strategic leadership, which she believes represents a natural next step in her professional development. Based on the recommendation of the Nomination and Remuneration Committee and approval of Audit Committee, the Board approved the appointment of Mr. Abhishek Pareek (presently Group Head Finance) as Chief Financial Officer of the Company, to hold office with effect from March 21, 2026.

Abhishek Pareek joined Waaree as the Finance Controller in September 2017 and is currently the Group Finance Head, designated as the Senior Managerial Personnel (?SMP?) of the Company. He is a seasoned finance leader with approximately 20 years of experience across corporate finance, treasury, M&A, Capital Markets, Controllership, FP&A. He has prior experience as CFO of a large textile company and has handled multiple businesses in capacity of Controller. He has led equity fundraisers of over USD 450 million across four private equity rounds, approximately USD 500 million through IPOs, and has extensive experience in debt financing of approximately USD 3 billion, along with managing large-scale FX exposures.

He is a Qualified Chartered Accountant, is a B.Com graduate from Delhi University, and has completed Strategic Finance from IIM Kozhikode and Forex & Treasury Risk Management certification from ICAI and holds a PhD in Finance. He is a recipient of multiple accolades including Finance Leader Awards, CNBC Risk Management Award, treasury leader and CFO 100 recognitions, etc.