Description

BSE announces listing of 5,15,000 new equity shares of Taylormade Renewables Limited from preferential allotment with lock-in periods.

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 through conversion of warrants on a preferential basis to promoter and non-promoter categories.

Key Points

  • 5,15,000 equity shares of Rs. 10/- each issued at premium of Rs. 170/-
  • Issue price: Rs. 180/- per share
  • Shares issued to both Promoter and Non-Promoter on preferential basis
  • Securities are ranking pari-passu with existing equity shares
  • Distribution numbers: 11609604 to 12124603
  • Date of allotment: January 8, 2025
  • ISIN: INE459Z01017

Regulatory Changes

No regulatory changes introduced. Standard listing procedure for new securities issued through warrant conversion.

Compliance Requirements

  • Trading members informed of new securities availability for trading
  • Lock-in period compliance mandatory for specified share categories
  • Standard trading and settlement procedures apply

Important Dates

  • Trading Start Date: August 28, 2025
  • Allotment Date: January 8, 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 due to:

  • Limited share count (5,15,000 shares)
  • Majority shares (5,00,000) locked-in until March 2027
  • Only 15,000 shares available for trading after March 2026
  • Routine preferential allotment transaction
  • No immediate liquidity concerns for existing shareholders

Impact Justification

Routine new securities listing with limited market impact due to small share count and lock-in restrictions