Waaree Energies Limited has informed the Exchange about Intimation Regarding Transfer Of Shares By Mr. Chimanlal Tribhovandas Doshi, Forming Part Of the Promoter Group Of The Company towards Charitable Purpose.
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Mr. Chimanlal Tribhovandas Doshi, part of the promoter group of Waaree Energies, has transferred 90,000 equity shares (0.031% of total paid-up equity share capital) to Shri Mahavira Jaina Vidyalaya on March 17, 2026 for educational/charitable purposes. This is part of the promoter family's previously disclosed intent (from October 6, 2025) to donate up to 1% of the company's equity share capital for charitable causes. The transfer is a gift/donation rather than a market sale, and the size of the transaction is very small relative to the total share capital.
Minimal impact on share price or shareholder value — the 0.031% transfer is a minor charitable donation and does not change overall promoter control of the company. It reflects positively on the promoter's social commitment but is not a material change in ownership structure.