Description
BSE announces listing of 225,248 new equity shares of Taylormade Renewables Limited issued through preferential allotment at Rs. 243 per share, effective September 4, 2025.
Summary
BSE has approved the listing of 225,248 new equity shares of Taylormade Renewables Limited (Scrip Code: 541228) issued through conversion of warrants on preferential basis. The shares will be available for trading from September 4, 2025.
Key Points
- 225,248 equity shares of Rs. 10 face value each issued at premium of Rs. 233
- Shares issued to Non-Promoters on preferential basis pursuant to warrant conversion
- Issue price: Rs. 243 per share
- Shares rank pari-passu with existing equity shares
- ISIN: INE459Z01017
- Distribution numbers: 12124604 to 12349851
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in period applies until September 1, 2025 for all 225,248 shares
- Shares subject to standard listing compliance requirements
Important Dates
- Allotment Date: January 9, 2025
- Trading Commencement: September 4, 2025
- Lock-in Expiry: September 1, 2025
Impact Assessment
Minimal market impact expected as this represents a small preferential allotment through warrant conversion. The lock-in period has already expired, allowing immediate trading upon listing. This is a routine corporate action with no significant operational changes for the exchange or trading members.
Impact Justification
Routine listing of additional shares through warrant conversion with minimal market impact