The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pankaj Chimanlal Doshi & Others

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

WAAREEENER · price

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

Price reactionminutes from the announcement price · days from the prior close

-0.0%Reaction day

₹2797.50

prior close

₹2803.00

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.0%-0.1% vs market

Other Electrical Equipment peers, median of 37sector+1.1%-1.2% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Midcap 150 and 1.2 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

-0.0

15m

-0.0

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.0+0.0-0.1+1.1-1.2

Next day

+8.3+0.6+7.7+1.1+7.2

+6.1+0.4+5.7+1.5+4.5

+4.5+1.0+3.5-0.1+4.6

+3.0+0.6+2.4+0.1+2.9

+3.0+1.4+1.6+1.1+1.9

+1.2+3.1-1.9+2.5-1.3

15d

-3.8+1.5-5.3-1.2-2.6

+12.6+4.5+8.1+2.1+10.5

+10.7+1.3+9.4-4.9+15.6

+21.3-0.8+22.1-7.5+28.8

UpDownMarket · Nifty Midcap 150Sector · Other Electrical Equipment peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoters Pankaj, Kirit, Hitesh and Viren Doshi (collectively holding 20.83% in Waaree Energies) have disclosed an indirect change of 5.69% in the company through an inter-se gift transfer of 61,942 shares in Waaree Sustainable Finance Pvt Ltd (WSFPL), which itself holds 18.37% in Waaree Energies. The transfer happened on May 23, 2025 among immediate relatives for family welfare and succession planning, and is exempt from open-offer norms under Regulation 10(1)(a)(i) of the Takeover Regulations. Direct shareholding of each promoter in Waaree Energies remains unchanged before and after the transaction. The disclosure was filed on May 27, 2025 with BSE and NSE.

Likely market impact

No impact on public shareholders — total promoter and promoter-group shareholding in Waaree Energies stays the same, and the transfer is purely an internal family reorganisation of the promoter entity.