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.
WAAREEENER · price
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Awaiting price reaction for this filing.
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.
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.