Waaree Energies Limited — Others, 27-05-2025: Disclosure under SEBI Takeover Regulations

Waaree Energies has announced a board meeting. Promoters Hitesh, Kirit, Viren, and Pankaj Doshi plan to acquire 5.27 crore equity shares (18.35%) from immediate relatives as a gift, increasing their combined stake from 20.83% to 39.19%. This family-driven transfer involves no consideration and consolidates promoter holdings, potentially enhancing control and signaling strong confidence to shareholders.