Advait Energy Transitions Limited has significantly increased its shareholding in its subsidiary, Advait Greenergy Private Limited, to 68.99% through a strategic acquisition of additional shares. This move underscores the company's commitment to strengthening its position in the new and renewable energy sector.

Acquisition Details

According to a regulatory filing, Advait Energy acquired 14,820 equity shares of Advait Greenergy through a private placement. The transaction was valued at ₹41,80,72,200, reflecting the company's confidence in its subsidiary's potential.

About Advait Greenergy

Advait Greenergy Private Limited, incorporated on July 4, 2023, operates in the new and renewable energy sector. The company has shown remarkable growth since its inception:

This substantial increase in turnover within a year demonstrates the rapid expansion and potential of Advait Greenergy in the renewable energy market.

Strategic Implications

The increased stake in Advait Greenergy aligns with Advait Energy's strategic objectives in the renewable energy sector. By consolidating its control over the subsidiary, Advait Energy is poised to capitalize on the growing demand for clean energy solutions and strengthen its market position.

Regulatory Compliance

The acquisition was conducted at arm's length, adhering to regulatory requirements. Advait Energy has duly informed the BSE Limited about this transaction, complying with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In a separate announcement, Advait Energy has also notified the closure of its trading window for designated persons and their immediate relatives. The window will remain closed from October 1 until 48 hours after the release of the company's financial results for the quarter ending September 30.

Advait Energy Transitions Limited has announced the sale of its entire stakes in two wholly owned subsidiaries to its subsidiary Advait Greenergy Private Limited. The transaction, valued at ₹2.00 lakh in total, involves the transfer of 100% ownership in A&G Hydrogen Technologies Private Limited and Advaiteco Technologies Private Limited.

Transaction Details

The company has executed the sale of its stakes in the following manner:

1. A&G Hydrogen Technologies Private Limited: 10,000 equity shares sold at face value of ₹10.00 per share, totaling ₹1.00 lakh.
2. Advaiteco Technologies Private Limited: 10,000 equity shares sold at face value of ₹10.00 per share, totaling ₹1.00 lakh.

Subsidiary Information

Both subsidiaries are relatively new entities:

• A&G Hydrogen Technologies Private Limited was incorporated on July 26, 2024.
• Advaiteco Technologies Private Limited was incorporated on May 8, 2025.

Due to their recent establishment, both companies reported nil turnover, revenue, income, and net worth for the last financial year.

Transaction Classification

The sale is classified as a related party transaction, as Advait Greenergy Private Limited is a subsidiary of Advait Energy Transitions Limited. The company has confirmed that the transaction is being conducted at arm's length.

Future Status

Following the completion of this transaction, both A&G Hydrogen Technologies Private Limited and Advaiteco Technologies Private Limited will become step-down subsidiaries of Advait Energy Transitions Limited.

Timeline

While the agreement for sale is yet to be executed, the company expects to complete the transaction before December 3, 2025, as previously intimated to the stock exchange.

Regulatory Compliance

Advait Energy Transitions Limited has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

This strategic move by Advait Energy Transitions appears to be part of its corporate restructuring efforts, potentially aimed at streamlining operations or optimizing its corporate structure.