Promoter Shalin Sheth acquired 10,00,000 shares (9.14%) from Rejal Sheth via gift. This promoter group shareholding adjustment increases Shalin Sheth's stake to 60.34%.
Promoters Rejal Sheth and Shalin Sheth have acquired shares through an off-market transaction. This increases their total shareholding in the company.
Promoter Shalin Sheth is acquiring 10 lakh shares (9.14% stake) in Advait Energy Transitions from his spouse via gift, an off-market transaction. This increases his total stake to 60.34%.
Advait Group is expanding its manufacturing capacity for HTLS conductors and specialized conductors. The company is also establishing a greenfield facility for indigenous electrolyzers (300 MW) and Battery Energy Storage Systems (BESS). Significant order wins include ERS (~₹17 Cr), reconductoring projects (~₹23.5 Cr and ~₹27.9 Cr), and tools business (~₹22.7...
Advait Energy Transitions inked an MoU with TECO Fuel Cell Technology AS for knowledge transfer and joint engineering in hydrogen fuel cell tech. This collaboration aims to boost domestic manufacturing for stationary power, heavy-duty transport, and maritime applications.
