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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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