NEW DELHI, March 31, 2023 /PRNewswire/ -- Azure Power Global
Limited (the "Company" or "Azure") (NYSE: AZRE), an independent
sustainable energy solutions provider and renewable power producer
in India, today announced two
changes in its Board of Directors.
Gowtamsingh (Vikash) Dabee joined
as an Independent Non-Executive Director on the Company's Board
effective March 30, 2023. Mr. Dabee
has over 25 years of experience as a professional accountant in
public practice and industry in Mauritius, Africa, and the Middle East. Mr Dabee is a Partner of GD
Riches Chartered Accountants and is an auditor, public accountant,
and insolvency practitioner in Mauritius. Prior to that, he served as the CFO
and Company Secretary of a multinational corporation in
Mauritius where he was
instrumental in implementing SOX internal control systems for the
group subsidiaries. He also worked with the representative office
of Andersen Worldwide in Mauritius
and the Arthur Andersen Office in Dubai.
Mr. Dabee is an Associate Member of the Institute of Chartered
Accountants in England and
Wales (ICAEW) and a Fellow of
Chartered Association of Certified Accountant (FCCA). He holds an
MBA from Surrey Business School, University of Surrey, UK and an Advanced Diploma in
International Tax from the Chartered Institute of Taxation UK
(CIOT). He is a registered insolvency practitioner in
Mauritius and a member of
INSOL.
Mrs. Yung Oy Pin (Jane) Lun Leung
has resigned from the Board with effect from March 16, 2023 due to personal reasons. Mrs.
Lun Leung had been an Independent
Director of the Company since November
2019.
Speaking on this occasion, Alan
Rosling, Chairman of the Board, said, "We are delighted
to welcome Vikash to the board. He has years of professional
experience in audit and accounting and brings a wealth of expertise
to Azure Power. We are confident that Azure will greatly benefit
from his vast experience in these fields. We would also like to
express our sincere gratitude to Jane for her guidance on the Board
during her tenure."
Gowtamsingh (Vikash) Dabee
said, "I am privileged to join the Board of Azure Power, a leading
company in the Indian renewable industry. I am looking forward to
working closely with esteemed members on the Board and the
management."
Yung Oy Pin (Jane) Lun
Leung said, "I would like to express my thanks to
the Board and the management for their support during my
tenure. I wish Azure continued success in all its endeavours
and I am confident that it will continue to thrive as a leading
renewable energy player in India."
Commenting on the occasion, Rupesh Agarwal, Acting CEO, Azure said, "We
are pleased to welcome Mr. Dabee on our Board. I am confident that
his extensive experience in audit, accounting and SOX will be an
excellent addition on the Board and he will bring valuable insights
that will help us in strengthening our internal controls. We are
grateful to Mrs. Lun Leung for her
valuable three years on the Board and wish her the best of
luck."
About Azure
Azure is a leading independent sustainable energy solutions
provider and renewable power producer in India. Azure developed India's first utility scale solar project in
2009, and since then has grown rapidly to become a leader in
developing and operating large utility-scale renewable energy
projects in the country.
For more information about Azure, visit: www.azurepower.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 21E of the US Securities Exchange Act of
1934, as amended, and the US Private Securities Litigation Reform
Act of 1995. Words such as "may," "will," "should," "likely,"
"anticipates," "expects," "intends," "plans," "projects,"
"believes," "estimates," "outlook" and similar expressions are used
to identify forward-looking statements. These statements are based
on current expectations and beliefs and are subject to uncertainty
and changes in circumstances. Actual results may vary materially
from those expressed or implied by the statements in this press
release. All forward-looking statements in this press release are
based on information available to the Company as of the date
hereof, and the Company assumes no obligation to update any
forward-looking statements.
For more information contact:
Investor Contact
ir@azurepower.com
Media Contact
pr@azurepower.com
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