WAAREEENERNSEWAAREE ENERGIES LIMITEDHighNeutral
Announced Fri, 17 Jul · 19:25 IST

C.T. Doshi Family Trust acquires 44.14 percent Waaree Energies shares via gift from promoter

Ownership Changes View source PDF

WAAREEENER · price

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Price reaction · full curve 14 horizons · vs prior close
-3.9%1-day move
₹2837.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.9-5.0-4.2-4.8-3.3
Up moveDown movePending
AI summary

C.T. Doshi Family Trust, part of Waaree Energies promoter group, acquired 12,69,82,903 shares (44.14 percent of equity) from Mr. Chimanlal Tribhuvandas Doshi via an off-market gift on July 16, 2026. Mr. Doshi's stake fell from 45.78 percent to 1.63 percent, while the Trust now holds 44.14 percent. SEBI exempted the transfer from open offer obligations under an order dated July 3, 2026. The transfer is for succession planning and intergenerational wealth transfer within the family, with no impact on public shareholders.

Likely market impact

Internal promoter group restructuring via gift transfer. Total promoter holding unchanged, no open offer triggered, no impact on public shareholders.