Description
BSE lists 225,248 new equity shares of Taylormade Renewables Limited issued on preferential basis pursuant to warrant conversion, effective September 4, 2025.
Summary
BSE has listed 225,248 new equity shares of Taylormade Renewables Limited (Scrip Code: 541228) issued on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from September 4, 2025.
Key Points
- 225,248 equity shares of Rs. 10 each issued at premium of Rs. 233
- Issued to Non Promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- Distribution Numbers: 12124604 to 12349851
- ISIN: INE459Z01017
Regulatory Changes
No regulatory changes introduced. This is a routine listing following warrant conversion.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in period applicable until September 1, 2025 (already expired)
- Normal trading procedures apply from September 4, 2025
Important Dates
- Allotment Date: January 9, 2025
- Lock-in Period: Until September 1, 2025 (expired)
- Trading Commencement: September 4, 2025
- Issue Price: Rs. 243 per share
Impact Assessment
Minimal market impact expected as this represents a small preferential allotment from warrant conversion. The shares are already past their lock-in period, allowing immediate tradability upon listing.
Impact Justification
Routine listing of shares from warrant conversion with minimal market impact