Shalin Sheth Acquires 9.14% Stake in Advait Energy Transitions

Promoter Shalin Sheth has acquired 10,00,000 shares, representing 9.14% of the diluted share capital, in Advait Energy Transitions Limited from Rejal Sheth. This transaction is an inter-se transfer among promoters and is considered a gift, with no monetary consideration involved. Following the acquisition, Shalin Sheth's shareholding increased from 51.20% to 60.34%, while Rejal Sheth's decreased from 14.88% to 5.74%. The acquisition was made in reliance upon exemption under Regulation 10(1)(a)(i) of the SEBI (SAST) Regulations, 2011, and the necessary disclosures were made within the stipulated timeline.