Description
BSE announces listing of 19,822 new equity shares of Taylormade Renewables Limited issued through warrant conversion, effective September 5, 2025.
Summary
BSE has announced the listing of 19,822 new equity shares of Taylormade Renewables Limited (Scrip Code: 541228) effective from Friday, September 5, 2025. These shares were issued at a premium to non-promoters on preferential basis pursuant to conversion of warrants.
Key Points
- 19,822 equity shares of Rs. 10/- each issued at premium of Rs. 509/-
- Issue price: Rs. 519/- per share
- Issued to non-promoters on preferential basis through warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 12349852 to 12369673
- Date of allotment: April 7, 2025
- ISIN: INE459Z01017
Regulatory Changes
No regulatory changes. Standard listing procedure for warrant conversion.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in periods apply to different tranches of shares
- Shares subject to various lock-in periods ranging from March 31, 2026 to April 1, 2026
Important Dates
- Allotment Date: April 7, 2025
- Trading Start Date: September 5, 2025
- Lock-in Expiry: March 31, 2026 to April 1, 2026 (varies by tranche)
Impact Assessment
Minimal market impact given the small number of shares (19,822) and lock-in restrictions. Routine corporate action for warrant conversion with no significant operational changes for trading members.
Impact Justification
Routine listing of small number of shares through warrant conversion with minimal market impact