BSECompany Update5d ago · 3 Aug 2026, 12:07 pm

Reclassification Application Approval by BSE

Indosolar Ltd · 533257

✦ AI SummaryPromoter Reclassif.

Indosolar Ltd has received approval from BSE for the reclassification of promoter shareholders under Regulation 31A of the SEBI LODR Regulations. The company had submitted an application on June 7, 2025, and received the approval on July 31, 2026. BSE also noted a technical issue with the company's disclosure and advised them to exercise due diligence to avoid future lapses.

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Governance Concern2/10
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Indosolar Ltd - 533257 - Disclosure Under Regulation 30

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August 03, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza’. C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 Dalal Street, Fort, Mumbai – 400 001 Company Symbol: WAAREEINDO Script Code: 533257 ISIN: INE866K01023 Subject: Disclosure Under Regulation 30 Dear Madam/Sir, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we wish to inform you that the Company has received the following communications from BSE Limited (“BSE”): 1. Letter bearing Ref. No. LIST/COMP/SJ/153/2026-27 dated July 31, 2026, granting approval for Reclassification of Promoter Shareholders under Regulation 31A of the SEBI LODR Regulations, pursuant to the Company’s application dated June 07, 2025, in respect of the following outgoing Promoter(s), who shall be classified as public shareholders: i. Hulas Rahul Gupta ii. Greenlite Lighting Corporation iii. Bhushan Kumar Gupta iv. Priyadesh Gupta v. Abha Gupta 2. Letter bearing Ref. No. LIST/COMP/SJ/154/2026-27 dated July 31, 2026, whereby BSE has observed that the disclosure required to be submitted under Regulation 31A(8)(c) of the SEBI LODR Regulations, with respect to the aforesaid application for Reclassification of Promoter Shareholders submitted by the Company on June 07, 2025, was submitted on November 10, 2025, instead of on or before June 08, 2025. BSE has advised the Company to exercise due diligence and initiate corrective steps to avoid recurrence of such lapses in future. The Company faced a technical issue in receiving copies of the aforesaid letters, and accordingly, this disclosure is being made today upon receipt thereof. Copies of the aforesaid letters received from BSE are enclosed herewith for your records. This is for your information and records. For, Indosolar Limited Akalpita Patel Company Secretary and Compliance Officer ACS 40528 Email Id: akalpitapatel@waaree.com Indosolar Limited Registered Office: Unit No. 301, 3rd floor, Building 02, Southern Park", Saket, New Delhi-110017. Tel : +91-120-4762500 Factory: 3C/1eco Tech -11, Udyog Vihar, Greater Noida – 201306, Uttar Pradesh, India | CIN: L18101DL2005PLC134879