General Announcement::Changes to Azure Power Management Team

Issuer & Securities

Issuer/ Manager
AZURE POWER SOLAR ENERGY PRIVATE LIMITED
Securities
AZUREPUS$350.101M5.65%N241224A - US05502TAA60 - WGOB
AZUREPUS$350.101M5.65%N241224R - USV04008AA29 - UIHB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
04-May-2023 21:03:38
Status
New
Announcement Sub Title
Changes to Azure Power Management Team
Announcement Reference
SG230504OTHR24WS
Submitted By (Co./ Ind. Name)
Vikas Bansal
Designation
Head - Investor Relations
Effective Date and Time of the event
02/05/2023 17:00:00
Description (Please provide a detailed description of the event in the box below)
Azure Power ("Azure" or "the Company") today announced the appointment of a new Chief Executive Officer (CEO) and Group Chief Financial Officer (CFO).

Appointment of Sunil Gupta as CEO: Sunil Gupta will join the Company as CEO on July 10, 2023, replacing the acting CEO, Rupesh Agrawal, who will be leaving at that time to pursue other opportunities. Sunil will also become Managing Director of the Company subsidiary, Azure Power India Private Limited.

Appointment of Sugata Sircar as Group CFO & Executive Director, Finance: As a further step to strengthen the Company overall governance and control, Sugata Sircar has joined the Company as Group CFO and Executive Director, Finance of the Company subsidiary, Azure Power India Private Limited, with effect from May 1, 2023. He has resigned from his position as Non-executive Independent Director and member of the Company Audit & Risk Committee and Capital Committee. Pawan Agrawal will continue as CFO of Azure Power India Private Limited and its group of subsidiaries, reporting to Sugata.

Attachments

Azure Power - Changes to Azure Power Management Team.pdf
Total size =46K