ALPHA TRIBE

Advait Energy Transitions LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

From,

Shalin Sheth

A-9/203, La Habitat, Opp. Aayana Complex,

Zydus Hospital Road, Thaltej, Ahmedabad - 380059

Date: June 9, 2026

To,

BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street,

Mumbai 400 001

To,

National Stock Exchange of India Limited

Exchange Plaza, Plot No. C/1,

G Block, Bandra - Kurla Complex,

Bandra (East), Mumbai 400 051

CC:

Advait Energy Transitions Limited

(Formerly Advait Infratech Limited)

KIFS Corporate House 1st Floor, Beside Hotel

Planet Landmark, Near Ashok Vatika, Iskcon

Ambli Road, Bopal, Ahmedabad, Gujarat -

380058

Dear Sir,

Sub: Advance Intimation and Disclosures of Inter-se Transfer of Shares between Promoters in

accordance with Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers)

Regulations, 2011, as amended (the "SEBI SAST Regulations")

In compliance with the provisions of Regulation 10(1)(a)(iii) read with Regulation 10(5) of SEBI

(Substantial Acquisition of Shares and Takeover) Regulations, 2011, I, Shalin Sheth, Promoter of

Advait Energy Transitions Limited (“the Company”), R/o A-9/203, La Habitat, Opp. Aayana

Complex, Zydus Hospital Road, Thaltej, Ahmedabad – 380059, submit the requisite disclosure with

regard to advance intimation for acquisition of 10,00,000 (Ten Lakhs) fully paid up Equity Shares of

Rs 10/- (Rupees Ten Only) each of Advait Energy Transitions Limited (Target Company) from Mrs.

Rejal Shalin Sheth, my spouse (immediate relative) on or after June 15, 2026, by way of inter-se

transfer, pursuant to gift, through an off-market transaction.

The aforesaid Disclosure is annexed herewith as per provisions of Regulation 10(5) of SEBI

(Substantial Acquisition of Shares and Takeover) Regulations, 2011

Kindly take the same on your records.

Thanking you,

Mr. Shalin Sheth

Acquirer and Promoter

Advait Energy Transitions Limited

(Formerly Advait Infratech Limited)

Encl: A/a

----------------Page (0) Break----------------

Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in

respect of acquisition under Regulation 10(l)(a) of SEBI (Substantial Acquisition of

Shares and Takeovers) Regulations, 2011

1.

Name of the Target Company (TC)

Advait Energy Transitions Limited

(Formerly known as Advait Infratech

Limited)

2. Name of the acquirer(s) Shalin Sheth

3. Whether the acquirer(s) is/ are promoters of

the TC prior to the transaction. If not, nature of

relationship or association with the TC or its

promoters

Yes, acquirer is promoter of Target

Company.

4. Details of the proposed acquisition

a. Name of the person(s) from whom sharesare to be acquired Ms. Rejal Sheth

b. Proposed date of acquisition On or after June 15, 2026

c. Number of shares to be acquired from

each person mentioned in 4(a) above

10,00,000

d.

Total shares to be acquired as % of Share

capital of TC

9.14%

e. Price

at

which

shares

are

proposed to

be acquired

Nil

Inter-se transfer of shares amongst

Promoters as a Gift, hence no consideration

is involved.

f.

Rationale, if any, for the proposed transfer Inter se Transfer by the Promoter to their

immediate relative as per Regulation

10(1)(a)(i) of the SEBI (SAST) Regulations,

2011

5. Relevant sub-clause of regulation 10(l)(a)

under which the acquirer is exempted from

making open offer.

Regulation 10(1)(a)(i)

6. If, frequently traded, volume weighted

average market price for a period of 60 trading

days preceding the date of issuance of this

notice as traded on the stock exchange where

the maximum volume of trading in the shares of

the TC are recorded during such period.

Not Applicable

The shares are proposed to be transferred by

way of Gift. Therefore, no consideration is

involved.

7. If in-frequently traded, the price determined in

terms of clause (e) of sub-regulation (2) of

regulation 8.

NA

8. Declaration by the acquirer, that the

acquisition price would not be higher by more

than 25% of the price computed in point 6 or

point 7 as applicable.

Not Applicable

----------------Page (1) Break----------------

9. Declaration by the acquirer, that the

transferor and transferee have complied / will

comply with applicable disclosure requirements

in Chapter V of the Takeover Regulations, 2011

(corresponding provisions of the repealed

Takeover Regulations 1997)

I hereby declare that the transferor and

transferee have complied with applicable

disclosure requirements in Chapter V of

the takeover Regulations, 2011.

10. Declaration by the acquirer that all the

conditions specified under regulation 10(1)(a)

with respect to exemptions has been duly

complied with.

I hereby declare that that all the conditions

specified under regulation 10(l)(a) with

respect to exemptions have been duly

complied with.

11. Shareholding details Before the After the

proposed proposed

transaction transaction

No. of

Shares

/Voting

rights

% w.r.t total

share Capital

of TC

No. of

Shares/Vot

ing rights

% w.r.t total

share capital of

TC

a Acquirer(s) and PACs (other than sellers)(*) 56,02,500 51.20% 66,02,500 60.34%

b Seller (s) 16,28,179 14.88% 6,28,179 5.74%

Note: (*)

 Shareholding of each entity may be shown separately and then collectively in a group.

 The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is

more than one acquirer, the report shall be signed either by all the persons or by a person duly

authorized to do so on behalf of all the acquirers.

Signature of Acquirer: ____________________

Name: Shalin Sheth

Acquirer and Promoter

Advait Energy Transitions Limited

----------------Page (2) Break----------------

Annexure-I

TO WHOMSOEVER IT MAY CONCERN

I, Shalin Sheth, Promoter of Advait Energy Transitions Limited, hereby confirm the following with

respect to the Proposed Transaction:

1. That the per share value of Advait Energy Transitions Limited taken into account for the

acquisition price for the Proposed Transaction would not be higher by more than 25% of the

price per share of Camlin Fine Sciences Ltd. computed in accordance with Regulation 10(1)(a)

of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

2. That I have complied / will comply with applicable disclosure requirements in Chapter V of the

Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations

1997).

3. All the conditions specified under regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares

and Takeovers) Regulations, 2011 with respect to exemptions has been duly complied with.

Signature of Acquirer: ____________________

Name: Shalin Sheth

Acquirer and Promoter

Advait Energy Transitions Limited

----------------Page (3) Break----------------

No comments yet. Be the first to comment!

All announcements from Advait Energy Transitions Ltd