WAAREEENERNSEWaaree Energies LimitedHighPositive
Announced Tue, 27 May · 11:13 IST

Hitesh Chimanlal Doshi, Viren Chimanlal Doshi, Kirit Chimanlal Doshi, Pankaj Chimanlal Doshi has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.

Promoter Stake BuyOwnership Changes View source PDF

WAAREEENER · 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

Awaiting price reaction for this filing.

AI summary

Four promoters of Waaree Energies — Hitesh, Viren, Kirit, and Pankaj Chimanlal Doshi — have filed a disclosure with the stock exchange under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing reports an acquisition by the promoters that qualifies for the exemption from making a mandatory open offer to shareholders. Regulation 10 allows promoters who already hold a significant stake to buy additional shares without triggering an open offer, up to the prescribed limits. No specific share quantity, price, or resulting shareholding percentage is mentioned in the headline. The disclosure is purely a regulatory reporting requirement.

Likely market impact

This is a routine compliance filing confirming that promoters are gradually increasing their stake without triggering an open offer. For retail shareholders, it signals continued promoter confidence in the company, but no immediate price-moving event is implied.