TEXAS and MUMBAI,India , March 25, 2024 /PRNewswire/ — Waaree Solar Americas Inc., India’s largest manufacturer of solar PV modules with the largest aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report), is pleased to announce appointment of Mr. Gordon Brinser as new Chief Operating Officer. He has extensive experience and has been working towards advancing US manufacturing capabilities.
“The solar sector is an evolving market with the potential for significant and rapid growth in the coming years. This is the time to engage in this industry and contribute to moulding its future direction. I am extremely happy to be a part of Waaree Solar Americas Inc. and look forward to contributing to the company’s mission of providing sustainable energy solutions,” said Mr. Gordon Brinser, COO, Waaree Solar Americas Inc.
Disclaimer:
Waaree Energies Limited (the “Company“) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (“DRHP“) with the Securities and Exchange Board of India (“SEBI“). The DRHP is available on the websites of the Company at www.waaree.com, SEBI at www.sebi.gov.in, the book running lead managers Axis Capital Limited, IIFL Securities Limited, Jefferies India Private Limited, Nomura Financial Advisory and Securities (India) Private Limited, SBI Capital Markets Limited, Intensive Fiscal Services Private Limited and ITI Capital Limited, at www.axiscapital.co.in, www.iiflcap.com, www.jefferies.com, www.nomuraholdings.com/company/group/asia/india/index.html, www.sbicaps.com, www.intensivefiscal.com and www.iticapital.in respectively, of the National Stock Exchange of India Limited at www.nseindia.com and of the BSE Limited at www.bseindia.com, respectively. Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the RHP which may be filed with the Registrar of Companies, Maharashtra at Mumbai, in future including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI in making any investment decision.
This press release does not constitute an invitation or offer of securities for sale in any jurisdiction. The Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or any state securities laws in the United States, and unless so registered may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, such Equity Shares are being offered and sold (i) outside of the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur; and (ii) within the United States to “qualified institutional buyers” (as defined in Rule 144A under the U.S. Securities Act), pursuant to Section 4(a)(2) of the U.S. Securities Act. There will be no offering of securities in the United States.
Contact :
Manasi Patni,
Mob: +91-9833926435,
Email: [email protected]
Logo: https://mma.prnewswire.com/media/1197503/2323461/Waaree_Logo.jpg
SOURCE Waaree Solar Americas Inc.
