Waaree Energies: Launches OFS for 2.4% Stake in Indosolar Subsidiary
Waaree Energies plans to sell 10,00,000 equity shares (2.40%) of Indosolar Limited on July 10-11, 2025, to comply with Sebi's Minimum Public Shareholding requirements. Antique Stock Broking will act as the seller's broker for the Offer for Sale (OFS).

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Waaree Energies Ltd, a key player in the renewable energy sector, has announced plans to divest a portion of its stake in Indosolar Limited (formerly known as WareeIndo) to comply with minimum public shareholding regulations.
Proposed Share Sale Details
- Waaree Energies intends to sell 10,00,000 equity shares of Indosolar Ltd.
- The sale represents approximately 2.40% of Indosolar's equity.
- The share sale is scheduled for July 10-11, 2025.
- Antique Stock Broking will act as the seller's broker for the Offer for Sale (OFS).
This strategic move is aimed at ensuring compliance with the Securities and Exchange Board of India's (Sebi) Minimum Public Shareholding requirements for listed companies.
Industry Updates
In related news from the renewable energy sector:
JSW Energy Added to FTSE4Good Index Series
- JSW Energy has been added to the FTSE4Good Index Series, recognizing its strong Environmental, Social, and Governance (ESG) practices.
- This inclusion highlights the company's commitment to sustainable business operations and could potentially attract ESG-focused investors.
Yash Highvoltage Acquisition Plans
- Yash Highvoltage has announced plans to acquire a 50% stake in Sukrut Electric Company Private Limited.
- This acquisition could potentially strengthen Yash Highvoltage's position in the electric equipment manufacturing sector.
These developments underscore the dynamic nature of India's energy sector, with companies making strategic moves to strengthen their market positions and adhere to regulatory requirements.
Historical Stock Returns for Waaree Energies
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+1.67% | +5.97% | +11.76% | +23.65% | +35.61% | +35.61% |