Waaree Energies Limited — Others, 02-06-2025: Disclosure under SEBI Takeover Regulations

The promoters Hitesh, Kirit, Viren, and Pankaj Chimanlal Doshi have acquired an additional 5.27 crore shares (18.35%) of Waaree Energies through gifts from immediate family members, raising their combined stake from 20.83% to 39.19%. This internal share transfer strengthens promoter control without any cash outflow, signaling their confidence and commitment to the company’s strategic stability and future operations.