StockWatch
·
Other Electrical Equipment
Shareholding18 Jul 2026, 11:31 am

C. T. Doshi Family Trust Acquires 44.14% Stake in Waaree Energies

AI Summary

C. T. Doshi Family Trust, a promoter group entity, has acquired 12,69,82,903 equity shares, representing 44.14% of the total equity share capital of Waaree Energies Limited. The acquisition was made by way of gift from Mr. Chimanlal Tribhuvandas Doshi. This transaction is exempted from open offer obligations under SEBI regulations, as per an exemption order dated July 03, 2026. The total equity share capital of Waaree Energies remains unchanged at Rs. 2,87,65,13,350, comprising 28,76,51,335 equity shares of Rs. 10 each.

Key Highlights

  • C. T. Doshi Family Trust acquires 44.14% stake in Waaree Energies.
  • Acquisition of 12,69,82,903 shares via gift from Mr. Chimanlal Tribhuvandas Doshi.
  • Transaction exempted from open offer obligations by SEBI.
  • Trust is a promoter group entity of the target company.
  • No change in total equity share capital post-acquisition.