Change - Announcement of Cessation::Azure Power announces change in Board of Directors

Issuer & Securities

Issuer/ Manager
AZURE POWER ENERGY LTD
Securities
AZUREPOWUS$414M3.575%N260819R - USV0002UAA52 - 5E6B
AZUREPOWUS$414M3.575%N260819A - US05502VAA17 - ORWB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
19-Mar-2024 20:36:11
Status
New
Announcement Sub Title
Azure Power announces change in Board of Directors
Announcement Reference
SG240319OTHRQE0T
Submitted By (Co./ Ind. Name)
KAPIL SHARMA
Designation
COMPANY SECRETARY
Effective Date and Time of the event
13/03/2024 20:30:00
Description (Please provide a detailed description of the event in the box below)
Azure Power Global Limited (the Company or Azure), an independent sustainable energy solutions provider and renewable power producer in India, today announced that Mr. M.S. Unnikrishnan, has resigned as Chairman of the Board and as a member of the Board of Directors of Azure Power Global Limited and Azure Power India Private Limited, with immediate effect from March 13, 2024. Mr. Unnikrishnan looks to focus on his leadership roles in India assisting various industry bodies and companies, particularly in the areas of policy making and technology development in India. Mr. Unnikrishnan will assist the Company new Chairman of the Board when announced with transition to his or her new duties.

Additional Details

Name Of Person
M.S UNNIKRISHNAN
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date
13/03/2024
Detailed Reason (s) for cessation
Mr. Unnikrishnan looks to focus on his leadership roles in India assisting various industry bodies and companies, particularly in the areas of policy making and technology development in India. Mr. Unnikrishnan will assist the Company new Chairman of the Board when announced with transition to his or her new duties.
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
19/08/2020
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)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
6
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of the Board of Directors
Role and responsibilities
Chairman of the Board of Directors
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
None
Present
None

Attachments

Azure-Power-announces-change-in-Board-of-Directors.pdf
Total size =138K