<h1>Advait Energy Transitions Limited Promoter executes Inter-se Share Transfer of 10 Lakh Shares</h1>
Advait Energy Transitions Limited, formerly known as Advait Infratech Limited, saw a significant inter-se transfer of equity shares among its promoter group. The transaction, which was completed on June 16, 2026, involved the gifting of 10,00,000 equity shares from Rejal Sheth to Shalin Sheth.
The off-market transfer falls under the provisions applicable to inter-se transfers among persons belonging to the Promoter Group, stemming from the dissolution of a trust and subsequent distribution of trust assets to the beneficiary.
According to transaction details, Ms. Rejal Sheth transferred 10,00,000 shares, representing 9.14% of the company’s holding at that time, to Mr. Shalin Sheth. This transfer is claimed to be exempt under relevant regulations governing substantial acquisition of shares.
The transaction resulted in changes in the shareholding structure among the promoter family members. The following table details the change in equity stakes for both the acquirer and the seller:
| Entity | Shares Before Transaction | Percentage Pre-Transaction | Shares After Transaction | Percentage Post-Transaction |
|---|---|---|---|---|
| Shalin Sheth | 56,02,500 | 51.20% | 66,02,500 | 60.34% |
| Rejal Sheth | 16,28,179 | 14.88% | 6,28,179 | 5.74% |
The transaction, which was conducted without consideration as a gift, led to the concentration of shares with Mr. Shalin Sheth, who received the gifted allotment.
In related financial matters, a payment for filing fees amounting to Rs. 1,77,000, comprising Rs. 1,50,000 plus GST at 18% (Rs. 27,000), was remitted on July 4, 2026.
ADVAIT Stock Price Movement
Today, shares of Advait Energy Transitions Limited edged higher to close at ₹2207.5, having gained 0.66% in post-market trading. The stock saw a daily range between ₹2157.1 and ₹2276 while turning over a volume of 94,020 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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