Waaree Energies Limited announced that promoter Mr. Chimanlal Tribhuvandas Doshi has transferred 200,000 equity shares, representing 0.069% of the company’s paid-up capital, on June 01, 2026. This significant donation is directed towards charitable and educational purposes, specifically benefiting the Ratnakukshi Bhakti Foundation and Jain Education and Empowerment Trust. This action reaffirms the promoter’s commitment to social welfare initiatives.
Share Transfer for Social Causes
Waaree Energies Limited has made a significant announcement regarding a share transfer executed by one of its key promoters. In furtherance of an earlier expression of interest, Mr. Chimanlal Tribhuvandas Doshi has transferred 200,000 equity shares of the company. This transfer represents 0.069% of the total paid-up Equity Share Capital of Waaree Energies Limited.
Charitable and Educational Initiatives
The primary objective behind this share transfer is to support charitable and educational initiatives. The shares have been allocated to two esteemed organizations: the Ratnakukshi Bhakti Foundation and the Jain Education and Empowerment Trust. This donation underscores the promoter’s dedication to contributing positively to society and fostering educational and charitable endeavors.
Transaction Details
The share transfer was formally completed on June 01, 2026. This move follows an earlier intimation dated October 06, 2025, where the Promoter Family of Waaree Energies Limited had expressed their intent to donate 1% of the Equity Share Capital for charitable purposes. This specific transfer of 200,000 shares is a concrete step towards fulfilling that commitment.
Company Information
The announcement was officially communicated to the stock exchanges, including the BSE Limited (Scrip Code: 544277) and the National Stock Exchange of India Limited (Trading Symbol: WAAREEENER). The company has also made this information available on its official website, www.waaree.com, for public access and transparency.
Source: BSE