Description
BSE announces listing of 1,32,000 new equity shares of Taylormade Renewables Limited issued through 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 through conversion of warrants on a preferential basis to non-promoters. 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
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 11477604 to 11609603
- ISIN: INE459Z01017
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in period applicable until February 19, 2026
Important Dates
- Allotment Date: January 7, 2025
- Trading Commencement: August 19, 2025
- Lock-in Period Expiry: February 19, 2026
Impact Assessment
Minimal market impact due to small number of shares (1,32,000) relative to typical trading volumes. The lock-in period until February 2026 ensures these shares cannot be immediately traded, further limiting immediate market impact.
Impact Justification
Routine listing of small number of shares through warrant conversion with minimal market impact