Indosolar LimitedWAAREEINDONSECapital Goods

Offer for sale

4 Jun 2025 · 18:08 ISTSpecial SituationWatchMajor

What happened

Fact

(the “Company”) by its Promoter, Waaree Energies Limited (“Seller”). Four Hundred Ninety-Five) equity shares of face value Rs. 10 each of the Company (representing 1.15%.

Why it matters

CapitSignal interpretation

An offer for sale places existing shares into the market, so the register changes and the price is set by the floor rather than the screen.

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Fact

Floor price versus market price
Seller stake before and after
Subscription across the two sessions

Evidence

Waaree Energies Limited has informed the Exchange about an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 4,76,495 Equity shares of face value of INR 10/- each of Indosolar Limited. Date and time of the opening of the offer for Non-Retail Investors: June 05, 2025 at 9:15 a.m.; Date and time of the closing of the offer for Non-Retail Investors: June 05, 2025 at 3:30 p.m.; Date and time of the opening of the offer for Retail Investors: June 06, 2025 at 9:15 a.m.; Date and time of the closing of the offer for Retail Investors: June 06, 2025 at 3:30 p.m. The Sale shall continue to take place on a separate window of the Stock Exchanges commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date. The Floor Price for the Offer shall be INR 10/- (Rupees Ten only)(opens the original filing in a new tab)

How CapitSignal classified this

Reasoning:: OFS base 68; +5 quantified amount; +3 quantified percentage; matched on subject
Matched on:: the filing's own subject line
Confidence in the event type:: 75%

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