Appointment of Deepak Malhotra as a Director on Azure Power Global's Board
Azure Power Global Limited Equity Shares (AZRE)
Last azure power global limited equity shares earnings: 2/11 04:31 pm
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Source: PR Newswire
NEW DELHI, Nov. 12, 2019 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading solar power producer in India, announced that Deepak Malhotra, Director, Infrastructure, South Asia at Caisse de dépôt et placement du Québec (CDPQ), was appointed to its Board of Directors, taking CDPQ's total number of board seats to two. CDPQ, a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans, with CA$326.7 billion in net assets, is Azure Power's largest individual shareholder and holds an equity position of more than 41%. Deepak Malhotra has over 18 years of experience across all facets of infrastructure. Before joining CDPQ in 2018, Mr. Malhotra worked with International Finance Corporation (IFC), World Bank Group, where he led many debt and equity investments in the infrastructure sector. Prior to IFC, Mr. Malhotra worked with one of the leading credit rating agencies in India and in the Merchant Navy.Speaking on this occasion, Ranjit G
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