Waaree Energies Slides Ahead of F&O Entry, CEO Resigns

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Waaree Energies fell around 2% on December 30, extending losses for a fourth session, after CEO Amit Paithankar resigned ahead of the stock’s F&O inclusion. The company named operations director Jignesh Rathod as CEO-designate, even as near-term sentiment remained cautious despite expected liquidity benefits from derivatives trading.