Description
515,000 equity shares of Taylormade Renewables Limited listed for trading from August 28, 2025 following warrant conversion.
Summary
515,000 equity shares of Taylormade Renewables Limited (Scrip Code: 541228) have been listed and are permitted to trade on BSE effective August 28, 2025. These shares were issued at Rs. 180 per share (Rs. 10 face value + Rs. 170 premium) to promoters and non-promoters through preferential allotment pursuant to warrant conversion.
Key Points
- 515,000 equity shares of Rs. 10 each issued at premium of Rs. 170
- Shares issued to both promoter and non-promoter categories
- Issue price: Rs. 180 per share
- Distribution numbers: 11609604 to 12124603
- Date of allotment: January 8, 2025
- ISIN: INE459Z01017
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced. Standard listing procedure following warrant conversion.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in restrictions apply as per SEBI guidelines
- Standard compliance requirements for listed securities
Important Dates
- Trading Start Date: August 28, 2025
- Allotment Date: January 8, 2025
- Lock-in Expiry: 500,000 shares until March 1, 2027; 15,000 shares until March 1, 2026
Impact Assessment
Minimal market impact expected. The listing represents a routine administrative process following warrant conversion. The relatively small number of shares and existing company operations suggest limited effect on trading volumes or stock price volatility.
Impact Justification
Routine equity listing with limited market impact due to small issue size and existing company operations