Advait Energy Transitions Limited (ADVAIT) — Insider Trading Announcement

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📢 Key Event
Promoter Shalin Sheth to acquire 10 lakh shares from spouse via inter-se gift

🔄 What Changed
Promoter holding increases to 60.34% from 51.20%; spouse's stake decreases to 5.74% from 14.88%

🔮 What's Next
Acquisition to occur on or after June 15, 2026

💡 Investor Takeaway
This gift transaction consolidates promoter control without cash consideration, maintaining exemption from open offer requirements

Promoter Shalin Sheth disclosed an inter-se transfer of 10 lakh shares (9.14% of Advait Energy Transitions) from his spouse Rejal Sheth to himself via gift, effective on or after June 15, 2026. The transaction is exempt from open offer under SEBI SAST Regulation 10(1)(a)(i) as a promoter-to-immediate-relative gift. Post-acquisition, promoter holding rises to 60.34% from 51.20%, while spouse's stake falls to 5.74% from 14.88%. The filing confirms compliance with all exemption conditions and Chapter V disclosure norms.

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About Advait Energy Transitions Limited (ADVAIT)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹2,083.55 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Advait Energy Transitions Limited (ADVAIT) — Insider Trading Announcement

About Advait Energy Transitions Limited (ADVAIT)

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