The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Websol Green Projects Pvt Ltd & PACs
WEBELSOLAR · price
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Websol Green Projects Private Limited, along with persons acting in concert (Sohan Lal Agarwal, Rajkumari Agarwal, Chiranji Lall Agarwal, and SL Industries Private Limited), acquired 12,100,000 equity shares upon conversion of warrants into equity shares on 21 May 2026. This was a preferential allotment under Chapter V of SEBI ICDR Regulations. The acquirer's holding increased from 5.09% to 7.74%, while the combined promoter group holding rose from 27.71% to 29.72% of the total share capital. The company's equity share capital increased from Rs. 42,20,63,470 to Rs. 43,41,63,470 after the allotment.
The promoter group's stake has increased to 29.72%, moving closer to the 30% threshold that triggers open offer obligations under SAST regulations. Existing shareholders should monitor further accumulation by the promoter group.