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Advait Energy Transitions Limited allotted equity shares under an ESOP/ESPS scheme. This capital structure change increases the company's paid-up share capital.
Advait Energy Transitions Limited has allotted equity shares under its ESOP scheme. This issuance marginally increases the company's total paid-up share capital.
Advait Energy Transitions reported Board Meeting outcomes regarding internal subsidiary stake sales and ESOP option grants. These strategic steps reorganize its internal subsidiary structure.
Promoter Shalin Sheth acquired 10,00,000 equity shares (9.14% stake) via an off-market gift from Rejal Sheth. The aggregate promoter group shareholding remains unchanged post-transfer.
Advait Energy Transitions secured a Rs 58.25 Crore turnkey order from PGVCL for converting 11 kV lines to underground cables. The contract spans 18 months.
Advait Energy Transitions secured a Rs. 75.56 Crore turnkey contract from PGVCL. The underground cabling project in Porbandar is scheduled for completion within 18 months.
Advait Energy Transitions secured a ₹52.58 Crore turnkey contract from PGVCL. The project involves converting overhead lines to underground networks over 18 months.
Advait Energy Transitions secured a Rs. 64.20 Crore turnkey contract from PGVCL. The project involves converting overhead networks to underground cables over 18 months.
Advait Energy Transitions won a ₹58.25 Crore turnkey contract from PGVCL. The project involves underground cabling in Bhavnagar and spans 18 months.
Advait Energy won a ₹51.62 Crore contract from DGVCL for MVCC supply. The 15-month turnkey project boosts its order pipeline.
Promoter Shalin Sheth announced an inter-se acquisition of 10,00,000 shares from his spouse via gift. The transfer maintains aggregate promoter control at 60.34% post-transaction.
Advait Energy Transitions reported record FY26 consolidated revenue of ₹714.52cr (+80% YoY) and PAT of ₹58.08cr (+75% YoY). The company is aggressively pivoting into Green Hydrogen, BESS, and fuel cell manufacturing.
Advait Energy Transitions' subsidiary signed a 12-year agreement with GUVNL for a 150MW BESS project. The contract provides long-term revenue visibility in the renewable storage sector.
Advait delivered a breakout FY26 with 80% revenue growth, fueled by power transmission and new energy segments. Management is pivoting from pure execution to a multi-subsidiary manufacturing model to scale specialized energy transition products.
Advait Energy Transitions clarified that auditors issued an unmodified opinion on FY26 financial results. The update corrects a prior clerical error regarding audit qualifications.
Advait Energy Transitions recommended a final dividend of Rs 2 per equity share for FY2026. The record date will be determined in a subsequent meeting.
Advait Energy Transitions Limited filed its Annual Secretarial Compliance Report for FY2026. The auditor reported full compliance with SEBI regulations with no fines or deviations noted.
Advait Energy Transitions re-appointed Nautam R. Vakil & Co as Internal Auditor for twelve months. This ensures continuity in the company's internal audit and governance processes.
Advait Energy Transitions is incorporating Advait BESS Bhesaan Private Limited with a 51% stake for ₹0.01 Crore. This subsidiary expands the company's battery energy storage business.
Advait Energy Transitions incorporated a new subsidiary, Advait BESS Bhesaan Private Limited, for battery energy storage systems. The parent company holds a 51% stake.
Advait Energy reports stellar FY26 results with consolidated revenue at ₹715 Cr and 90% 3-year CAGR, driven by power transmission and new energy transitions.
Advait Energy Transitions reported no deviations in the utilization of ₹106.7 Crore raised through preferential issues. Funds were deployed for working capital and capital expenditure.
Advait Energy Transitions Ltd reported revenue from operations of ₹228.2 Cr (+18.1% YoY) and net profit of ₹19.1 Cr (+48.1% YoY) for Q4 FY26.
Advait Energy Transitions Limited reported audited financial results for FY26 and recommended a ₹2.00 dividend per share. The Board also approved 11,011 ESOP grants.
Advait Energy Transitions scheduled a board meeting on May 27, 2026, to approve audited financial results. Trading window remains closed for designated persons until May 29.
Advait Energy Transitions signed an MoU with Norway's TECO Fuel Cell Technology for hydrogen fuel cell manufacturing. Production for stationary and mobility sectors is targeted starting 2027.