General Announcement::Azure Power Announces Delay in Filing of Annual Report on Form 20-F

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
General Announcement
Date &Time of Broadcast
13-Aug-2022 11:30:20
Status
New
Announcement Sub Title
Azure Power Announces Delay in Filing of Annual Report on Form 20-F
Announcement Reference
SG220813OTHR15QA
Submitted By (Co./ Ind. Name)
Vikas Bansal
Designation
Head - Investor Relations
Effective Date and Time of the event
12/08/2022 17:00:00
Description (Please provide a detailed description of the event in the box below)
Azure Power a leading sustainable energy solutions provider and renewable power producer in India, announced that it will not be in a position to file its Annual Report on Form 20F for the fiscal year ended March 31, 2022 (the "2022 Form 20F") with the U.S. Securities and Exchange Commission (the "SEC") by August 16, 2022, as extended from the original due date of August 1, 2022, pursuant to the Form 12b-25 filed with the SEC on August 1, 2022.

The delay in filing the 2022 Form 20F is due to Company s ongoing review of its internal control and compliance framework. These matters are being progressed with the assistance of the Company s advisers. The Company is making all efforts to file its 2022 Form 20F as soon as practicable. The Company does not expect the delay in filing its 2022 Form 20F to impact its ongoing renewable energy business operations.

Azure's new leadership, supported by the Board, will be upgrading the Company s processes going forward.

Attachments

Azure_Power_6K_Delay in Annual Report.pdf
Total size =185K