Promoter Shalin Sheth receives 9.14 percent shares as gift from Rejal Sheth

Promoter Stake BuyOwnership Changes View source PDF

ADVAIT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-0.6%1-day move

₹2402.70

prior close

₹2397.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.7+1.2+0.4-0.1-0.6-1.4-4.9-5.5-3.8-5.7-11.1-4.4——

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AI summary

Mr. Shalin Sheth, promoter of Advait Energy Transitions, acquired 10,00,000 shares (9.14 percent of diluted share capital) from Ms. Rejal Sheth, also a promoter, on June 16, 2026. This was an inter-se transfer between immediate relatives under Regulation 10(1)(a)(i), made as a gift with no consideration involved. Shalin Sheth's stake rose from 51.20 percent to 60.34 percent, while Rejal Sheth's holding fell from 14.88 percent to 5.74 percent. No open offer is triggered due to the family transfer exemption.

Likely market impact

Internal promoter family reshuffle via gift. Shalin Sheth's stake rises to 60.34 percent, Rejal Sheth's falls to 5.74 percent. No open offer triggered.