C T Doshi Family Trust Acquires Indirect Stake in Waaree Energies

C.T. Doshi Family Trust, through an inter-se transfer by way of gift from Mr. Chimanlal Tribhuvandas Doshi, has acquired 1,99,999 equity shares of Waaree Sustainable Finance Private Limited (WSFPL). This acquisition represents 99.9995% of WSFPL's paid-up equity share capital. WSFPL holds an 18.34% stake in Waaree Energies Limited. Consequently, the C.T. Doshi Family Trust has indirectly acquired 5,27,67,331 equity shares, representing 18.34% of Waaree Energies. This indirect acquisition has been exempted from open offer obligations by SEBI.