The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chimanlal Tribhuvandas Doshi
WAAREEENER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chimanlal Tribhuvandas Doshi (father, promoter group) received 1,99,999 equity shares (99.99%) of Waaree Sustainable Finance Private Limited (WSFPL) as an off-market gift from his four sons — Pankaj, Kirit, Hitesh, and Viren Doshi — on June 11, 2025. WSFPL holds 18.37% in Waaree Energies, so the transfer represents an indirect inter-family reshuffle of that stake. No cash consideration was paid; it was a gift among immediate relatives done purely for succession planning and family welfare. The sons continue to hold their direct stakes in Waaree Energies (totalling 45.93%) unchanged before and after the transaction, and overall promoter group shareholding in Waaree Energies does not change.
Neutral for public shareholders — this is an internal family restructuring through a holding company and does not alter the total promoter group shareholding or the float in Waaree Energies. No open offer triggered and no immediate price impact expected.