The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shalin Sheth
ADVAIT · price
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Promoter Shalin Sheth sold 1,00,000 equity shares of Advait Energy Transitions Ltd in the open market on June 10 and June 11, 2025. His holding came down from 57,02,500 shares (52.68%) to 56,02,500 shares (51.75%) of the company's paid-up capital. The total equity share capital of the company stood at 1,08,25,707 shares. The transaction was disclosed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. Despite the sale, Mr. Sheth continues to hold a majority stake above the 50% mark in the company.
A small promoter stake reduction of less than 1% is usually viewed as routine or mild profit-booking and is not a material shift in control. Shareholders should note that the promoter remains firmly above the 50% threshold, so there is no takeover or control-related concern from this transaction.