Indosolar OFS: Waaree Energies, the promoter of Indosolar Ltd, announced on Wednesday, 9 July 2025, that the company is going to sell 10,00,000 or 10 lakh equity shares with a face value of ₹10 apiece, which represents up to 2.4 per cent of the company’s holdings, to comply with the minimum public shareholding requirement, according to an exchange filing.
“We would like to inform you that Waaree Energies Limited, being the Promoter of Indosolar Limited proposes to sell 10,00,000 equity shares of Indosolar Limited (representing 2.40% of its issued and paid-up capital) in order to comply with the minimum public shareholding (MPS) requirement,” the company informed BSE in an exchange filing.
The floor price for the issue is offered at ₹265 per share, with Antique Stock Broking Limited acting as the broker for the OFS transaction. The company will execute the transaction on Thursday, 10 July 2025.
Waaree Energies Share Price Trend
Shares of the parent company, Waaree Energies, closed 1.70 per cent higher at ₹3,119.60 after Wednesday’s stock market session, compared with ₹3067.50 in the previous market close. The company announced the OFS update after market hours on 9 July 2025.
(This is a developing story. Please check back for updates.)
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