WAAREEENERBSEWaaree Energies LtdHighPositive
Announced Wed, 28 May · 10:04 IST

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

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

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.