Announced Fri, 10 Jul · 09:56 IST
Waaree Energies: Promoter Trust to acquire 62.49% stake via gift from founder
WAAREEENER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹2868.00
prior close
₹2892.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.5+0.4+0.5+0.5-2.0-1.9-1.2-1.1-5.0————
Up moveDown movePending
AI summary
C.T. Doshi Family Trust (promoter group) to acquire 12.69 crore shares (44.14%) directly plus 5.27 crore shares (18.34% indirectly via Waaree Sustainable Finance) from Mr. Chimanlal Tribhuvandas Doshi as a gift. Combined post-deal holding will be 62.49%. Zero price, aimed at succession planning. SEBI exempted it from open offer via order dated July 3, 2026.
Likely market impact
No cash changes hands. Promoter stake consolidates into family trust. Exempt from open offer. Neutral for public shareholders.