sebi:WTM/KCV/CFD/05/2026-27
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Facts / Headnote
Exemption granted to the Acquirer Trust from complying with regulations 3, 4 and 5 of the SAST Regulations, 2011 for the proposed direct and indirect acquisition in Waaree Energies Limited, subject to conditions, valid for one year.
Provisions invoked
- s. 19
- s. 11(1)
- s. 11(2)
Regulations
- Reg. 4
- Reg. 11
- Reg. 3
- Reg. 5
- Reg. 201
- Reg. 31
- Reg. 11(5)
Holding
SEBI granted exemption to C.T. Doshi Family Trust from the open offer requirements under regulations 3, 4 and 5 of the SAST Regulations, 2011 for the proposed direct and indirect acquisition of shares in Waaree Energies Limited, subject to conditions and valid for one year.
Full text
__________________________________________________________________________________________ Exemption Order in the matter of Waaree Energies Limited. Page 2 of 17 and indirect acquisition of shares and voting rights in the Target Company by the Acquirer Trust.
__________________________________________________________________________________________ Exemption Order in the matter of Waaree Energies Limited. Page 3 of 17 Sr. No. Name No. of shares % shareholding Non Promoter-Non Public (C) - - Total Shareholding (A+B+C) 28,76,40,905 100.00% *Note: There are various entities which are shown as part of promoter/ promoter group of the Target Company in shareholding pattern filed with BSE with Nil shares. However, name of only 4 entities marked with asterisk (*) are shown since these entities form part of the Acquirer Trust.
__________________________________________________________________________________________ Exemption Order in the matter of Waaree Energies Limited. Page 4 of 17 Particulars Person Relationship with settlor/ transferor Kirit Chimanlal Doshi Son and promoter/ promoter group Pankaj Chimanlal Doshi Son and promoter/ promoter group Viren Chimanlal Doshi Son and promoter/ promoter group Beneficiaries Pankaj Chimanlal Doshi Son and promoter/ promoter group Hitesh Chimanlal Doshi Son and promoter/ promoter group Viren Chimanlal Doshi Son and promoter/ promoter group Kirit Chimanlal Doshi Son and promoter/ promoter group Bindiya Kirit Doshi Spouse of Kirit Doshi and promoter/ promoter group Binita Hitesh Doshi Spouse of Hitesh Doshi and promoter/ promoter group Nipa Viren Doshi Spouse of Viren Doshi and promoter/ promoter group Ankit Hitesh Doshi Grandson Pujan P Doshi Grandson Rushabh Pankaj Doshi Grandson Chaitali Aman Shah Granddaughter Maitri Viren Doshi Granddaughter Neha Umang Shah Granddaughter Kushboo Palak Shah Granddaughter Charmi Dhruvin Solanki Granddaughter
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Source: SecMarx — sebi:WTM/KCV/CFD/05/2026-27. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.