Waaree Energies CEO Amit Paithankar Resigns; Jignesh Rathod Appointed CEO Designate

• Waaree Energies' Whole-Time Director and CEO, Amit Paithankar, has resigned to pursue new opportunities.
• His resignation is effective May 15, 2026, or an earlier mutually agreed date.
• The board has appointed Jignesh Rathod as Chief Executive Officer Designate with immediate effect.
• Rathod will formally assume the CEO role from May 16, 2026, or earlier if Paithankar departs sooner.
• Waaree Energies shares closed up 2.35% at Rs 2,975 on Monday, with a 7.19% rise over the past year.

Why It Matters: Waaree Energies announces CEO change: Amit Paithankar resigns, Jignesh Rathod named successor.