Waa Solar shareholders approve financials, reappoint director at AGM

Waa Solar Limited successfully conducted its 16th Annual General Meeting (AGM) on September 26, 2025, via video conferencing, with 17 shareholders attending. All ordinary resolutions presented for shareholder approval passed with an overwhelming majority, reflecting strong investor confidence. The audited financial statements for the fiscal year ended March 31, 2025, were adopted, with 100% of the votes polled in favor, representing 68.00% of total issued shares.

Shareholders also approved the reappointment of Shri Mangi Lal Singhi as a director, with 100% of polled votes in favor. The appointment of M/s. KH & Associates as secretarial auditors for five consecutive financial years (2025-26 to 2029-30) also received unanimous support, with 100% of votes polled in favor.

Furthermore, a special resolution to authorize and ratify the advancement of loans, guarantees, or security under Section 185 of the Companies Act, 2013, passed with 100% of votes polled in favor. Resolutions concerning the ratification of remuneration for cost auditors and the approval of related party transactions with Madhav Infra Projects Limited also received unanimous shareholder support.