WAA Solar Ltd has announced a significant leadership change. Mangilal Singhi has resigned as Non-Executive Director and Chief Financial Officer (CFO). The company has appointed Mohanan Shankaran Choran as the new CFO and Key Managerial Personnel (KMP), signaling a strategic shift in financial leadership and governance.
In a regulatory filing, WAA Solar Ltd confirmed the resignation of Mangilal Singhi, who served as Non-Executive Director and CFO. Singhi, with over three decades of experience in finance and management, played a pivotal role in strengthening the company’s financial framework.
The board has approved the appointment of Mohanan Shankaran Choran as the new CFO and KMP. Choran’s induction is expected to bring fresh perspectives to WAA Solar’s financial strategy, aligning with the company’s long-term growth and compliance objectives. This transition underscores the company’s commitment to robust governance and adaptability in India’s evolving renewable energy sector.
Key Highlights
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Resignation: Mangilal Singhi steps down as Non-Executive Director and CFO.
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Appointment: Mohanan Shankaran Choran named CFO and KMP.
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Leadership Impact: Transition reflects WAA Solar’s focus on governance and strategic growth.
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Industry Context: Change comes amid India’s expanding renewable energy market.
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Board Approval: Appointment confirmed through official regulatory filing.
Sources: WAA Solar Ltd official filings, Zee News, Indiatimes