Archive · 5 Jun 2025
Waaree Energies to Sell Indosolar Shares via OFS
Waaree Energies, a company involved in clean energy, plans to sell some of its shares in Indosolar.
This is done to make sure that the public owns a certain amount of the company's shares, as required by rules.
The sale will happen on June 5th and 6th, using stock exchanges like BSE and NSE.
Shares will be offered at a minimum price of ₹10 each, and there will not be any discounts for smaller investors.
A brokerage firm called Antique Stock Broking Limited is assisting with the sale.
The money raised will help with complying with the necessary regulations for shareholding.
Waaree Energies will sell up to 1.15% of Indosolar shares via OFS on June 5-6.
The sale aims to meet minimum public shareholding norms.
The OFS will be conducted on BSE and NSE through a separate window.
The floor price is set at ₹10 per share, with no discount for retail investors.
Antique Stock Broking Limited is the seller’s broker for the OFS.
- Who
- Waaree Energies is selling Indosolar shares.
- What
- An offer for sale of up to 1.15% of Indosolar shares.
- When
- June 5-6, 2025.
- Where
- On the BSE and NSE.
- Why
- To meet minimum public shareholding norms.
N/A
Shareholder Interests
Benefit
N/A
No opposing view present in the articles.
Shareholder Interests
Shareholders benefit from sales meeting public shareholding norms or generating capital.
- Company
- Waaree Energies Ltd
- Subsidiary
- Indosolar Ltd
- Shares Offered
- Up to 4,76,495 equity shares
- Percentage of Shares
- 1.15%
- OFS Dates
- June 5-6, 2025
- Floor Price
- ₹10 per share
- Broker
- Antique Stock Broking Limited
