Azure Power, a leading solar power producer in India, announced that early stage investor and Board member, Sanjeev Aggarwal of Helion Venture Partners, has resigned from his position as a member of the Board of Directors of Azure Power and all its subsidiaries, effective October 05, 2020.
“His decision to resign was not the result of any disagreement with the company on any matter relating to the Company’s operations, policies or practices,” the Company said in its press release. The number of Board members as on date is nine with majority deemed independent.
“The Board of Directors has expressed its great appreciation to Sanjeev Aggarwal for his leadership and invaluable contributions to the Company, and for making Azure a dynamic leader among renewable energy companies in India,” the Company said.
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