Indosolar OFS, Sept. 17 -- Waaree Energies and Indosolar stocks will be in focus in Thursday's trading session as the former looks to offload stake in the latter via offer for sale to comply with minimum public shareholding norms.
According to a filing shared with the exchanges, Waaree Energies, a promoter of the company, is looking to sell 61 lakh shares of the company, representing 14.66% of the total paid-up equity share capital of the company.
The price for the OFS is Rs.500, which is at a premium to the last traded price of Rs.482.15 on the BSE. According to exchange data, trading in the shares of Indosolar is restricted, and the stock last traded on September 15, ending at 5% upper price band.
Meanwhile, Waaree Energies stock set...
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