NEW DELHI, Aug. 27, 2019 /PRNewswire/ -- Azure
Power Global Limited ("Azure Power" or the "Company") (NYSE: AZRE),
a leading solar power producer in India, announced that it will hold its annual
general meeting of shareholders at the Company's office on the 3rd
Floor, Asset 301-304, WorldMark 3, Aerocity, New Delhi 110037, Republic of India at 3 p.m.
(Delhi Time) on September 27,
2019.
The Company will propose at the annual general meeting to (i) to
adopt the Annual Report of the Company along with the Report of the
Board of Directors and the Report of the Auditors on the Financial
Statements and the Form 20-F filed with SEC for the year ended
31 March 2019, (ii) re-appoint Ernst
& Young Associates LLP as the auditor (the "Auditor") to audit
the account of the Company for the fiscal year ending March 31, 2019 and to set the remuneration of the
Auditor, (iii) re-elect Mr. Sanjeev
Aggarwal as the Company's director, (iv) re-elect Mr.
Rajendra Prasad Singh as the
Company's director, (v) re-appoint Mr. Harkanwal S. Wadhwa as the Company's director,
and (vi) to transact such other business as may properly come
before the Annual Meeting or any adjournment or postponement
thereof.
Only shareholders on record of the Company's equity shares on
the close of business on September 6, 2019
(Eastern Standard Time) (the "Record Date") are entitled to
receive notice and vote at the annual general meeting or any
adjournment. Shareholders are cordially invited to attend the
annual general meeting. Shareholders are entitled to appoint a
proxy to attend and act for and on behalf of them at the
meeting.
A notice of the annual general meeting describing the matters to
be considered at the meeting will be available on Azure Power's
website at http://www.azurepower.com.
For a copy of the Company's annual report for the fiscal year
ended March 31, 2019, containing the
complete audited financial statements and report of the auditors
for fiscal year ended March 31, 2019,
and the report of the board of directors, please visit the Investor
Relations Section on Azure Power's website at
http://www.azurepower.com. We will provide all holders of our
equity shares, upon request, a hard copy of our annual report for
the fiscal year ended March 31, 2019
free of charge.
About Azure Power
Azure Power (NYSE: AZRE) is a leading independent solar power
producer with a pan-Indian portfolio. With its in-house
engineering, procurement and construction expertise and advanced
in-house operations and maintenance capability, Azure Power
provides low-cost and reliable solar power solutions to customers
throughout India. It has
developed, constructed and operated solar projects of varying
sizes, from utility scale, rooftop to mini & micro grids, since
its inception in 2008. Highlights include the construction of
India's first private utility
scale solar PV power plant in 2009 and the implementation of the
first MW scale rooftop project under the smart city initiative in
2013.
For more information, visit: www.azurepower.com.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended and the Private Securities Litigation Reform Act of
1995, including statements regarding the Company's future financial
and operating guidance, operational and financial results such as
estimates of nominal contracted payments remaining and portfolio
run rate, and the assumptions related to the calculation of the
foregoing metrics. The risks and uncertainties that could cause the
Company's results to differ materially from those expressed or
implied by such forward-looking statements include: the
availability of additional financing on acceptable terms; changes
in the commercial and retail prices of traditional utility
generated electricity; changes in tariffs at which long term PPAs
are entered into; changes in policies and regulations including net
metering and interconnection limits or caps; the availability of
rebates, tax credits and other incentives; the availability of
solar panels and other raw materials; its limited operating
history, particularly as a new public company; its ability to
attract and retain its relationships with third parties, including
its solar partners; its ability to meet the covenants in its debt
facilities; meteorological conditions and such other risks
identified in the registration statements and reports that the
Company has filed with the U.S. Securities and Exchange Commission,
or SEC, from time to time. In the press release, portfolio and the
project represents megawatts capacity of solar power plants
pursuant to PPAs, signed or allotted or where the Company has been
cleared as one of the winning bidders or won a reverse auction but
has yet to receive a letter of allotment. All forward-looking
statements in this press release are based on information available
to us as of the date hereof, and the Company assumes no obligation
to update these forward-looking statements.
Investor Contact
Nathan Judge, CFA
ir@azurepower.com
Investor Relations, Azure Power
Media Contact
Samitla Subba
pr@azurepower.com
+91-11- 4940 9854
Marketing, Azure Power
Logo:
https://mma.prnewswire.com/media/819565/Azure_Power_Logo.jpg
View original
content:http://www.prnewswire.com/news-releases/azure-power-global-limited-to-hold-2019-annual-general-meeting-on-september-27-2019-300908003.html
SOURCE Azure Power