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Azure Power Announces Results of the 2021 AGM of Shareholders

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Azure Power Global Limited (Azure Power) a leading independent renewable power producer in India, announced that it held its 2021 Annual Meeting of Shareholders on December 21, 2021 at the Group’s New Delhi office. Each of the proposals submitted for shareholder approval was approved.

Azure Power is a leading independent renewable power producer with a pan-India portfolio of over 7.4 gigawatts. Azure Power developed India’s first private utility scale solar project in 2009 and has been at the forefront in the sector as a developer and operator of solar projects since its inception.

With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power manages the entire development and operation process, providing low-cost solar power solutions to customers throughout India.

Specifically, the shareholders (i) adopted the Annual Report of the Company for the period ended March 31, 2021, together with the Report of the Board of Director and the Report of the Auditor and the Form 20-F, (ii) re-appointed Ernst & Young (“EY Mauritius”) as the independent auditor of the Company (the “Auditor”) for the fiscal year ending March 31, 2022, (iii) re-elected Mr. Muhammad Khalid Peyrye as the Company’s director, (iv) re-elected Mrs. Yung Oy Pin Lun Leung as the Company’s director, and (v) ratified the appointment of Mr. Richard Alan Rosling as the Company’s director.

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Earlier this month Azure Power Global Limited had announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal second quarter 2022, period ended September 30, 2021.

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