NSEUpdates10 Jul 2026 · 10 Jul 2026, 08:02 pm
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Advait Energy Transitions Limited · ADVAIT
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Advait Energy Transitions Limited has informed the Exchange regarding an inter-se transfer of equity shares as a gift among promoters, which is exempt under Regulation 10(1)(a)(ii) of the SEBI SAST Regulations. The aggregate shareholding of the Promoter and Promoter Group remains the same.
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Full Announcement
Advait Energy Transitions Limited has informed the Exchange regarding 'Intimation - Report under Regulation 10(7) of SEBI (Substantial Acquisition ofShares and Takeovers) Regulations, 2011 ( SEBI SAST Regulations ) - Acquisition ofequity shares pursuant to interse Promoter Transfer as Gift'.
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ADVAITENERGY_10072026200240_SEintimation10_7__s.pdf
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Date: July 10, 2026
To, To,
General Manager The Manager
Department of Corporate Services Listing Compliance Department
BSE Limited National Stock Exchange of India Limited
Listing Department Exchange Plaza, Plot No. C/1,
Phiroze Jeejeeboy Tower, Dalal Street, G Block, Bandra - Kurla Complex,
Fort Mumbai-400 001 Bandra (East), Mumbai 400 051
Scrip code: 543230 Symbol: ADVAIT
Sub: - Intimation - Report under Regulation 10(7) of SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations”) - Acquisition of
equity shares pursuant to interse Promoter Transfer as Gift
Pursuant to relevant Regulations of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011 (“SEBI SAST Regulations”), we wish to inform you that the Company has
received a report from Mr. Shalin Sheth (Promoter) under Regulation 10(7) SEBI SAST
Regulations in respect of an inter-se transfer of equity shares as detailed below:
Date of the Name of the Name of the No. of shares % of
Transaction Transferor Transferee/ Acquirer transferred holding
June 16, 2026 Rejal Sheth Shalin Sheth 10,00,000 9.14%
This being an off-market inter-se transfer among persons belonging to the Promoter Group
pursuant to dissolution of the trust and distribution/transfer of trust assets to the beneficiary,
is stated to be exempt under Regulation 10(1)(a)(ii) of the SEBI SAST Regulations. The
aggregate shareholding of the Promoter and Promoter Group pre and post inter-se transfer
remains the same.
In this connection, the Report in the prescribed format under Regulation 10(7) as received and
filed by the acquirer to Securities and Exchange Board of India (SEBI) through SEBI
Intermediary Portal (SI Portal) at https://siportal.sebi.gov.in and its relevant payment receipt
generated is enclosed for your information and record.
You are requested to take the same on records.
Thanking You.
Yours Faithfully,
For and on behalf of Advait Energy Transitions Limited
(Formerly known as Advait Infratech Limited)
Deepa Fernandes
Company Secretary and Compliance Officer
FCS 13015
Date: 04.07.2026
From,
Shalin Sheth
Securities and Exchange Board of India
SEBI Bhawan, Plot No.
C4-A, 1G' Block, Bandra
Kurla Complex, Bandra
(East), Mumbai -400051
Subject: Report under Regulation 10(7) of the SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Dear Sir/ Madam
Pursuant to Regulation 10(7) of the SEBI (Sub_stantial Acquisition of Shares and Takeovers)
Regulations, 2011 ("SEBI SAST Regulations"), I, Shalin Sheth, hereby submit this report in respect
of acquisition of 10,00,000 (Ten Lakhs) Equity Shares of Advait Energy Transitions Limited
(Formerly known as Advait Infratech Limited) ("the Target Company") representing 9.14 % of the
paid-up share capital of the Target Company from Ms. Rejal Sheth on June 16, 2026. The said
acquisition is an off market inter-se transfer amongst persons belonging to Promoter Group and
is claimed to be exempted under Regulation 10(1) (a) (ii) of the SEBI SAST Regulations.
Mr. Shalin Rahulkumar Sheth is a promoter of the Target Company. Ms. Rejal Sheth, spouse of
Mr. Shalin Sheth, has transferred 1,00,000 equity shares to him as Gift on June 16, 2026.
This transaction being an inter-se transfer of shares amongst promoters, falls within the
exemptions provided under Regulation lO(a)(i) of the SEBI (SAST) Regulations, 2011. The
aggregate shareholding of Promoter and promoter group before & after the afore-said inter-se
transfer has changed.
The applicable fees of Rs. 1,50,000/- (Rupees One Lakh Fifty Thousand only) plus GST@ 18% of
Rs. 27,000/ (Twenty-Seven Thousand only) aggregating amount to Rs. 1,77,000/- (Rupees One
Lakhs Seventy-Seven Thousand only) has been remitted through Internet Banking having
reference number DICI53L1OQJY20 dated July 4, 2026. (Proof attached)
The prior intimation under Regulation 10(5) of SEBI SAST Regulations was submitted to the stock
exchanges on June 9, 2026 and the post acquisition report under Regulation 10(6) of SEBI SAST
Regulations on June 19, 2026, along with disclosure under Regulation 29(2) SEBI SAST
Regulations, was submitted on June 18, 2026.
Kindly take the same on your record and acknowledge the receipt of the same
Thanking you
Yours Faithfully
ShalinShet
Acqu~ ,
Encl:A/a
BSE Limited National Stock Exchange of Advait Energy Transitions Limited
Phiroze Jeejeebhoy Towers, India Limited (Formerly Advait Infratech Limited)
Dalal Street, Exchange Plaza, Plot No. C/1, KIFS Corporate House 1st Floor, Beside
Mumbai 400 001 G Block, Hotel Planet Landmark
Bandra -Kurla Complex, ,Near Ashok Vatika, Iskcon Ambli Road,
Bandra (East), Bopal,
Mumbai 400 051 Ahmedabad, Gujarat - 380058
1 Disclosure under Regulation 10(7) of the SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011 in respect of acquisition made pursuant to the exemption available under
Regulation l0(l)(a)(i) and/or Regulation l0(l)(a)(ii) thereof.
1 General Details
a. Name, address, telephone no., e-mail Name: Shalin Sheth
of acquirer (s) {In case there are
Address: A-9/203, La Habitat, Opp Aayana
multiple acquirers, provide full
Complex, Zydus Hospital Road, Thaltej,
contact details of any one acquirer (
Ahmedabad, Gujarat, 380059
the correspondent acquirer) with
whom SEBI shall correspond
Email id: shalin.sheth@advaitgroup.co.in
Mobile no: 9227136963
b. Whether sender is the acquirer (YIN) Yes
C. If not, whether the sender is duly Not Applicable
authorized by the acquirer to act on
his behalf in this regard (e nclose copy
of such authorization)
d Name, address, Tel no. and e-mail of Not Applicable
the sender, if sender is not the acquirer
2 Compliance of Regulation 10(7)
a. Date of report July 4, 2026
b. Whether report has been Yes, It is filed within 21 working days from the date
submitted to SEBI within 21 of the acquisition
working days from the date
of the acquisition
c. Whether the report is Yes
accompanied with fees as
required under Regulation
10(7)
3. Compliance of Regulation 10(5)
a. Whether the report has been filed Yes, report was filed with Stock
with the Stock Exchanges where the Exchange on June 9, 2026, 4 (Four)
shares of the Company are listed, at working days before i.e date of
least 4 working days before the date acquisition.
of the proposed acquisition
b. Date of Report. Date of report is June 9, 2026.
4. Compliance of Regulation 10(6)
a. Whether the report has been filed with Yes, report was filed with Stock
the Stock Exchanges where the shares of Exchange on June 19, 2026, within 4
the Company are listed within 4 working days after the date of
working days after the date of the acquisition.
proposed acquisition
b. Date of Report June 19, 2026
5. Details of the Target Company {TC)
a. Name & address of TC Name: Advait Energy Transitions
Limited (Formerly known as Advait
Infratech Limited)
Address: KIFS Corporate House 1st
Floor Iskcon Ambli Road, Beside Hotel
Planet Landmark Near AshokVatika,
Bopal, Ahmedabad, Daskroi, Gujarat,
India, 380058
b. Name of the Stock Exchange(s) BSE Limited and National Stock
where the shares of the TC are listed Exchange of India Limited.
6. Details of the acquisition
a. Date of acquisition June 16, 2026
b. Acquisition price per share (in Rs.) Nil.
Inter-se transfer of shares amongst
Promoters as a Gift, hence no consideration
is involved.
c. Regulation which would have been Regulation 3(2)
triggered an open offer, had the
report not been filed under
Regulation 10(7). (whether
Regulation 3(1)23(2)A or 5)
d. Shareholding of acquirer( s) and Before the After the
PAC individually in TC (in terms of acquisition acquisition
no. & as a percentage of the total No of % w.r.t No of % w.r.t
share/voting capital of the TC)(*) Shares total Shares total
share share
capital of capital
TC of TC
Shalin Sheth 56,02,500 51.20% 66,02,500 60.34%
e. Shareholding of seller/ sin TC (in Before the After the
terms of no. & as a percentage of the acquisition acquisition
total share/voting capital
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