Description
BSE announces listing of 5,15,000 new equity shares of Taylormade Renewables Limited issued through preferential allotment pursuant to warrant conversion.
Summary
BSE has announced the listing of 5,15,000 new equity shares of Taylormade Renewables Limited (Scrip Code: 541228) effective from Thursday, 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 conversion of warrants.
Key Points
- 5,15,000 equity shares of Rs. 10 face value each issued at premium of Rs. 170
- Issue price: Rs. 180 per share
- Allotment date: January 8, 2025
- Trading commencement: August 28, 2025
- Distribution numbers: 11609604 to 12124603
- ISIN: INE459Z01017
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the new securities are available for trading from August 28, 2025
- Lock-in provisions apply to the newly issued shares as specified
Important Dates
- Allotment Date: January 8, 2025
- Trading Commencement: August 28, 2025
- Lock-in expiry for 5,00,000 shares: March 1, 2027
- Lock-in expiry for 15,000 shares: March 1, 2026
Impact Assessment
Minimal market impact expected as this is a routine listing of new securities from warrant conversion. The relatively small number of shares and existing lock-in provisions limit immediate trading impact. The preferential allotment strengthens the company’s capital base.
Impact Justification
Routine listing of new securities with limited market impact due to small issue size