Description
BSE announces listing of 5,15,000 new equity shares of Taylormade Renewables Limited issued through warrant conversion, effective August 28, 2025.
Summary
BSE has announced the listing of 5,15,000 new equity shares of Taylormade Renewables Limited (Scrip Code: 541228) issued through conversion of warrants. The shares will be available for trading from Thursday, August 28, 2025.
Key Points
- 5,15,000 equity shares of Rs. 10/- each issued at Rs. 170/- premium
- Issued to Promoter and Non-Promoter on preferential basis
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 11609604 to 12124603
- Issue price: Rs. 180/- per share
- ISIN: INE459Z01017
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed of the new securities listing and permitted trading from the effective date.
Important Dates
- Allotment Date: January 8, 2025
- Trading Commencement: August 28, 2025
- Lock-in Expiry (5,00,000 shares): March 1, 2027
- Lock-in Expiry (15,000 shares): March 1, 2026
Impact Assessment
Minimal market impact expected as this is a routine listing of preferentially issued shares. The lock-in periods provide stability by restricting immediate trading of the majority of new shares until 2027.
Impact Justification
Routine listing announcement for small preferential issue with minimal market impact