Shalin Sheth, a promoter of Advait Energy Transitions Limited , has acquired 10,00,000 equity shares representing a 9.14% stake in the company through an inter-se transfer. The transaction, which took place on June 16, 2026, involved the transfer of shares from Rejal Sheth to Shalin Sheth as a gift, pursuant to the dissolution of a trust and the distribution of its assets to the beneficiary.

The acquisition is classified as an off-market inter-se transfer among persons belonging to the Promoter Group. Consequently, the transaction is exempt from making an open offer under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The aggregate shareholding of the Promoter and Promoter Group remains unchanged following this transfer.

Shareholding Details

The transfer resulted in a significant realignment of shareholding between the two promoters. Shalin Sheth's stake in the company increased from 51.20% to 60.34%, while Rejal Sheth's stake decreased from 14.88% to 5.74%.

Regulatory Compliance

The acquirer complied with the requisite regulatory timelines for disclosures. The prior intimation under Regulation 10(5) of the SEBI SAST Regulations was submitted to the stock exchanges on June 9, 2026. Subsequently, the post-acquisition report under Regulation 10(6) was filed on June 19, 2026, along with the disclosure under Regulation 29(2) on June 18, 2026.

A report under Regulation 10(7) was submitted to the Securities and Exchange Board of India (SEBI) on July 4, 2026. The filing included a fee of ₹1,77,000, comprising ₹1,50,000 plus GST of ₹27,000. The company confirmed that the transaction does not involve any consideration, as it was executed by way of a gift between immediate relatives.

Advait Energy Transitions Limited has scheduled a physical meeting with investors and analysts for June 30, 2026. The interaction aims to engage with various group investors on a one-on-one basis, providing a platform to discuss the company's operations and performance based on publicly available information.

The company confirmed that no unpublished price sensitive information (UPSI) will be disclosed during the interaction. Discussions will be limited to referring to documents that are already in the public domain, ensuring compliance with regulatory norms.

Meeting Details

The schedule for the interaction is provided below:

This schedule is indicative and subject to changes necessitated by any unforeseen developments. The company has also made this information available on its official website.

The intimation was submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Deepa Fernandes, Company Secretary & Compliance Officer, signed the filing on June 24, 2026.