ReNew Energy Global Plc (ReNew), India’s leading renewable energy company and a preferred decarbonization partner, announced in July last week that the Board of Directors has appointed Paula Gold-Williams, Nicoletta Giadrossi and Philip Graham Newas Non-Executive Independent Directors with effect from August 23, 2023.
The appointment is subject to the approval of the Company’s shareholders at the ensuing Annual General Meeting of the Company and, if approved, the respective term of office for each appointee will last until the Annual General Meeting scheduled to be held in the calendar year 2025.
ReNew is committed to diversity and inclusion at all levels, and having more women directors on the Board is an important step towards the goal. The Company will continue to have the majority of independent directors on its Board.
Ram Charan and Michelle Robyn Grew, Independent Directors of the Company retire on August 22, 2023, due to the expiry of their term. The tenure of Mr. Philip Kassin, MKC Investments LLC Nominee and Independent Director is expiring on August 22, 2023, in terms of the Articles of Association of the company due to the expiration of the director nomination rights of MKC Investments LLC.
The non-continuation of the directors afore-mentioned was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
