Disclosure received by the Company under Reg 7(2) of SEBI(PIT) Reg 2015
ADVAIT · price
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Two promoters of Advait Energy Transitions Ltd, Shalin Sheth and Rejal Sheth, have filed Form C disclosures under SEBI's Prohibition of Insider Trading Regulations for sale of equity shares in the open market. Shalin Sheth sold 100,000 shares, bringing his holding down from 52.80% (57,02,500 shares) to 51.75% (56,02,500 shares). Rejal Sheth also sold 100,000 shares, reducing his stake from 15.93% (17,24,200 shares) to 15.00% (16,24,200 shares). Both transactions were carried out on the open market between June 10 and June 12, 2025, with the disclosures submitted to the company on June 12, 2025.
Continued selling by promoters may weigh on short-term stock sentiment and signal reduced insider confidence. However, both promoters remain substantial shareholders with a combined holding still above 66%, so control of the company is not at risk.