Change - Announcement of Cessation::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
Change - Announcement of Cessation
Date &Time of Broadcast
04-May-2023 21:06:30
Status
New
Announcement Sub Title
Changes to Azure Power Management Team
Announcement Reference
SG230504OTHRCL4F
Submitted By (Co./ Ind. Name)
Vikas Bansal
Designation
Head - Investor Relations
Effective Date and Time of the event
02/05/2023 00:01:00
Description (Please provide a detailed description of the event in the box below)
Sugata Sircar has resigned from his position as Non-executive Independent Director and member of the Company Audit & Risk Committee and Capital Committee.

Additional Details

Name Of Person
Sugata Sircar
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date
01/05/2023
Detailed Reason (s) for cessation
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.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
01/10/2022
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non executive Independent Director
Role and responsibilities
Non executive Independent Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
None
Present
None

Attachments

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