Nature of Disclosure: The company received and is forwarding disclosures from its promoters, Mr. Shalin Sheth and Mrs. Rejal Sheth, made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosures pertain to the sale of shares by the promoters.
Details of Promoter Shareholding Changes:
1. Disclosure by Rejal Sheth:
- Pre-Transaction Holding: Held 16,28,179 equity shares, representing 14.88% of the total share/voting capital.
- Transaction Details: Sold 10,00,000 equity shares, representing 9.14% of the total share capital.
- Post-Transaction Holding: Holds 6,28,179 equity shares, representing 5.74% of the total share/voting capital.
- Mode of Transaction: Off-Market
- Date of Transaction: June 16, 2026
2. Disclosure by Shalin Sheth:
- Pre-Transaction Holding: Held 56,02,500 equity shares, representing 51.20% of the total share/voting capital.
- Transaction Details: Acquired 10,00,000 equity shares, representing 9.14% of the total share capital.
- Post-Transaction Holding: Holds 66,02,500 equity shares, representing 60.34% of the total share/voting capital.
- Mode of Transaction: Off-Market
- Date of Transaction: June 16, 2026
Company Capital Structure:
The total equity share capital / total voting capital of the company, both before and after this transaction, is stated as 1,09,43,011 shares. The total diluted share/voting capital is also 1,09,43,011 shares, indicating no outstanding convertible securities or warrants.
Financial Impact: The disclosure is a compliance filing for a change in ownership. The financial impact on the company is not quantified in the disclosure.
Parties Involved: The disclosures were made by promoters Shalin Sheth and Rejal Sheth. The filing with the exchanges was executed by Deepa Fernandes, Company Secretary & Compliance Officer of Advait Energy Transitions Limited.