Waaree Energies to Sell 2.40% Stake in Indosolar Limited to Comply with MPS Requirement

Waaree Energies Limited, the promoter of Indosolar Limited, plans to sell 10,00,000 equity shares of Indosolar Limited (representing 2.40% of its issued and paid-up capital) through an offer for sale (OFS) mechanism on BSE and NSE. The sale is being undertaken to comply with the minimum public shareholding requirement. The OFS will take place on July 10, 2025 (T-day) for non-retail investors and on July 11, 2025 (T+1 Day) for retail investors. The allocation will be at or above the floor price on a price priority basis.