Advait Energy Transitions Sells Stakes in Two Subsidiaries; Approves Employee Stock Option Grants

Advait Energy Transitions Sells Stakes in Two Subsidiaries; Approves Employee Stock Option Grants​

Advait Energy Transitions Limited announced key outcomes from its Board meeting held on July 22, 2026. The board approved the sale of stakes in two subsidiaries, Advait Battery Ecosystems Private Limited (ABEPL) and Advait Carbon Advisory & Renewables Assets Private Limited (ACARA), to a subsidiary company of the listed entity. Additionally, the company approved grants under its Employee Stock Option Plan 2022.

Subsidiary Sales Transaction Details​

The Board meeting determined that both ABEPL and ACARA would be considered step-down subsidiaries of Advait Energy Transitions Limited following the planned transaction. These sales involve a material transaction with Advait Greenergy Private Limited, a subsidiary of Advait Energy Transitions Limited.

The details of the stake sales are as follows:

• Advait Battery Ecosystems Private Limited (ABEPL): The sale involves 8,000 equity shares, each having a face value of ₹10/- and being sold at a price of ₹10/-, totaling ₹80,000/-.
• Advait Carbon Advisory & Renewables Assets Private Limited (ACARA): Similarly, the sale involves 8,000 equity shares, each with a face value of ₹10/- and sold at ₹10/-, aggregating to ₹80,000/-.

While the agreement for these sales is yet to be executed, the expected completion date for the disposal is September 15, 2026. Advait Greenergy Private Limited is noted as a subsidiary of Advait Energy Transitions Limited in this transaction. ABEPL and ACARA were incorporated on April 27, 2026, and April 20, 2026, respectively, and currently report NIL turnover, revenue, or income, with each having a net worth of ₹100,000.

Employee Stock Option Plan Approved​

The Board of Directors also approved the grant of 7,376 grants under the Advait Employee Stock Option Plan 2022 (ESOP). The total number of shares covered by these options is 7,376, with a pricing formula set at ₹10 per share (the face value of the stock).

Key details regarding the ESOP grant include:

• Options Exercised: 7,376 options were exercised.
• Monetary Realization: The exercise of these options realized ₹73,760/-.
• Shares Issued: This exercise resulted in 7,376 equity shares.
• Lapsed Options: 3,097 options lapsed.
• Diluted Earnings per Share: The diluted earnings per share post-ESOP issue stands at ₹42.34 per share.

The general terms of the plan include no lock-in period, and non vested options still have one year to be exercised.

ADVAIT Stock Price Movement​

Advait Energy Transitions Limited shares rallied on Wednesday, closing at ₹2296.20 after gaining 2.06%. The equity saw a trading volume of 83,033 shares during the session.