Harsh Shah steps down as CEO of NYSE-listed RE firm Azure Power
Harsh Shah has stepped down from the position of CEO of New York Stock Exchange-listed renewable energy company Azure Power, in just two months of taking up the role. The company has now appointed Rupesh Agarwal as the acting CEO. Agarwal had joined Azure recently in the capacity of Chief Strategy & Commercial Officer.
Shah was earlier CEO of IndiGrid, India’s first power transmission InvIT. In an exchange notification, IndiGrid said it has reinstated Shah as the CEO.
In a public statement, Azure said there has been a delay in the filing of the company’s annual report on Form 20-F for the financial year ended March 31, 2022. “The Company reiterates that it is working in close consultation with its advisers to close its annual accounts.
