Summary of Key Information:

Target Company:

Indosolar Limited

Stock Exchange Listings:

NSE Scrip Code: WAAREEINDO

BSE Scrip Code: 533257

Nature of Transaction / Event:

Reclassification of Promoter(s)/Promoter Group(s) under Regulation 31A of SEBI LODR Regulations

Date of Transaction:

Application submitted on 04/06/2025

Approval granted on 31/07/2026

Other Noteworthy Information:

The National Stock Exchange of India Limited has granted approval for reclassification of the following Promoter(s)/Promoter Group(s):

  • Hulas Rahul Gupta
  • Bhushan Kumar Gupta
  • Priyadesh Gupta
  • Abha Gupta
  • Greenlite Lighting Corporation

The approval was granted pursuant to the company's application dated June 04, 2025 under Regulation 31A(9) of SEBI LODR Regulations.

NSE has also noted a compliance lapse where the disclosure required under Regulation 31A(8)(c) was submitted on November 10, 2025 instead of the required deadline of June 05, 2025 (158 days late).

The exchange has advised the company to exercise due diligence and initiate corrective steps to avoid recurrence of such lapses in future.

The company is required to ensure compliance with subsequent relevant disclosures of material events related to this reclassification.