WAAREEENERBSEWaaree Energies LtdLowNeutral
Announced Wed, 28 May · 10:02 IST

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

Promoter Below 50pctOwnership 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

Five members of the Waaree Energies promoter group have gifted 61,942 shares of Waaree Sustainable Finance Private Limited (WSFPL) among themselves on May 23, 2025 as part of family succession and welfare planning. Since WSFPL holds 18.37% in Waaree Energies, this gift is treated as an indirect transfer of 5.69% in the target company under Takeover Regulations. No shares of Waaree Energies were directly bought or sold. The promoter group's aggregate effective holding in Waaree Energies remains unchanged at 18.35% (5,27,28,005 shares) both before and after the transaction. The filing is submitted under Regulation 29(2) and qualifies for the inter-se transfer relaxation under Regulation 10(1)(a)(i).

Likely market impact

This is a paperwork-level disclosure for an internal family reshuffle at the holding company — public shareholders and Waaree Energies' shareholding pattern are not affected in any way. Investors should view this as a neutral, non-event filing with no price implication.