Description
BSE announces listing of 1,32,000 equity shares of Taylormade Renewables Limited issued on preferential basis pursuant to warrant conversion, effective August 19, 2025.
Summary
BSE has approved the listing of 1,32,000 new equity shares of Taylormade Renewables Limited (Scrip Code: 541228) issued on preferential basis to non-promoters pursuant to conversion of warrants. The shares will commence trading on August 19, 2025.
Key Points
- 1,32,000 equity shares of Rs. 10/- each issued at premium of Rs. 233/-
- Issue price: Rs. 243/- per share
- Shares issued to non-promoters on preferential basis
- New shares rank pari-passu with existing equity shares
- ISIN: INE459Z01017
- Distribution numbers: 11477604 to 11609603
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members are informed about the new securities listing and trading permissions.
Important Dates
- Date of Allotment: January 7, 2025
- Trading Commencement: August 19, 2025
- Lock-in Period Ends: February 19, 2026
Impact Assessment
Minimal market impact as this is a routine listing of securities from warrant conversion. The lock-in period until February 2026 ensures no immediate selling pressure on existing shareholders.
Impact Justification
Routine listing of new securities from warrant conversion with minimal market impact