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PRNewswire New Delhi [India], November 1: Azure Power Global Limited (the "Company" or "Azure Power"), a leading sustainable energy solutions provider and renewable power producer in India, today announced that, following its review of the determination of the staff of New York Stock Exchange Regulation (the "NYSE Staff") to delist the Company's equity shares from trading on the New York Stock Exchange LLC (the "NYSE"), on October 30, 2023, a Committee of the Board of Directors of the NYSE (the "NYSE Committee") reached a final decision to uphold the delisting determination (the "Final Delisting Decision"). On October 31, 2023, the NYSE filed a Form 25 notification of removal from listing with the U.S. Securities and Exchange Commission (the "SEC"). The Company filed its annual report on Form 20-F (including its consolidated financial statements) for the year ended March 31, 2022 on October 12, 2023 in line with ....
New Delhi [India], May 3 (ANI/PRNewswire): Azure Power Global Limited (NYSE: AZRE) ("Azure" or the "Company") today announced the appointment of a new Chief Executive Officer (CEO) and Group Chief Financial Officer (CFO). Appointment of Sunil Gupta as CEO Sunil Gupta will join the Company as CEO on July 10, 2023, replacing the acting CEO, Rupesh Agrawal, who will be leaving at that time to pursue other opportunities. Sunil will also become Managing Director of the Company's subsidiary, Azure Power India Private Limited. Sunil brings deep leadership experience in the renewables sector and a strong track record of building renewable energy businesses. Prior to Azure, Sunil was the Head - South East Asia & South Asia Business at Vena Energy (a leading Asia Pacific renewable energy company), managing existing business and developing new projects. Earlier he was Group Head - Renewable Energy Business at Sembcorp Industries, Singapore, where he built the renewable ....
CHARLOTTE, N.C., April 18, 2023 /PRNewswire/ JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, today announced that it has completed its comprehensive review of strategic alternatives for its Australasia business and has entered into a definitive sale agreement with Platinum Equity to sell 100% of the business for approximately $688 million Australian dollars (or approximately US$461 million1) before tax and subject to certain adjustments. JELD-WEN anticipates minimal tax leakage associated with the transaction. "Today's announcement marks continued execution against our strategy to streamline and simplify our business and maximize shareholder value," said William J. Christensen, JELD-WEN chief executive officer. "I want to personally thank our Australasia team for their hard work and dedication to serving customers. We look forward to working with Platinum on executing a seamless transition for the business." Platinum E ....
New Delhi [India]/ Tempe (Arizona) [US], September 19 (ANI/PRNewswire): Azure Power Global Limited (NYSE: AZRE) ("Azure Power"), a leading independent sustainable energy solutions provider and renewable power producer in India, announced that it has entered into an agreement for 600 megawatts (MW)DC of high-performance, advanced thin film photovoltaic (PV) solar modules from First Solar, Inc. (NASDAQ: FSLR). The agreement is the first for production from First Solar's new manufacturing facility in Tamil Nadu, India, which is expected to be commissioned in the second half of 2023. Under the agreement, Azure Power is expected to take delivery of First Solar's Series 7 photovoltaic (PV) solar modules from the fourth quarter of 2023 to 2025. "We are pleased to partner with First Solar with their latest Series 7. Having a long-term agreement with global solar modules technology leaders like First Solar is key to de-risking our supply side with the latest technology av ....
Expanding footprint of luxury and lifestyle hotels and resorts sees Hyatt's brands entering new markets across the region, offering unique experiences to guests, World of Hyatt members and customers CHICAGO, Sept. 6, 2022 /PRNewswire/ Hyatt Hotels Corporation(NYSE: H) today announced plans for the continued growth of its brand portfolio in Asia Pacific with a robust pipeline of landmark luxury and lifestyle hotels and resorts that are expected to open in late 2022 and 2023, ideally timed to coincide with the emerging rebound of leisure travel in the region. This includes the strategic entry of several brandsinto new markets, such as the arrival of The Unbound Collection by Hyatt brand in Japan, the Andaz brand in Thailand, and the Hyatt Centric brand in Southeast Asia with a new hotel in Malaysia. These upcoming openings follow the notable debut of the following hotels earlier this year: Alila Kothaifaru Maldivesin the pristine Raa Atoll, April 2022 Park Hyatt Jakarta, marking the ....