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