Waaree Energies: Promoter Trust to acquire 62.49% stake via gift from founder

Promoter Stake BuyOwnership Changes View source PDF Explain this filing

WAAREEENER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.7%Reaction day

₹2868.00

prior close

₹2892.00

announcement price

In-mkt

timing

Nifty Midcap 150market+1.4%+0.3% vs market

Other Electrical Equipment peers, median of 50sector+0.8%+0.9% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Midcap 150 and 0.9 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.5

15m

+0.4

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+1.4+0.3+0.8+0.9

Next day

+0.5+1.4-0.9+0.5-0.0

-2.0+0.9-2.9-0.6-1.4

-1.9+1.3-3.2-0.1-1.8

-1.2+0.9-2.1+0.5-1.6

-1.1+0.5-1.6-0.7-0.4

-5.0+1.4-6.4-0.9-4.0

15d

-6.6+1.2-7.8-4.3-2.3

-5.8+2.7-8.5-0.7-5.1

-11.2+0.2-11.4-5.0-6.2

-18.2-5.4-12.8-9.1-9.1

UpDownMarket · Nifty Midcap 150Sector · Other Electrical Equipment peers, median of 50Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.