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The board approved a 50% stake acquisition in Rays Green for a joint venture, involving an aggregate financial commitment of ₹520 Crore for a solar project.
Solarworld Energy Solutions Limited held a board meeting on May 1, 2026, approving the appointment of four Non-Executive Independent Directors: Rajiv Gupta, Ritu Hastir, Subhash Kumar Changoiwala, and Upendra Goyal. Each appointment is for a 60-month term. These seasoned professionals bring extensive expertise in energy, finance, and logistics to the board.
Solarworld Energy Solutions Limited appointed four new Additional Independent Directors (Rajiv Gupta, Ritu Hastir, Subhash Kumar Changoiwala, and Upendra Goyal) for five-year terms. The Board also approved altering the company's Memorandum of Association to delete food product objects and insert new clauses related to the Companies Act, 2013.