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 Rs. 519/- per share to non-promoters on a 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
- Allotment date: April 7, 2025
- Trading commencement: September 5, 2025
- ISIN: INE459Z01017
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 12349852 to 12369673
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members are informed of the new securities listing
- Lock-in provisions apply to all shares with varying periods until March 31, 2026 and April 1, 2026
Important Dates
- Allotment Date: April 7, 2025
- Trading Start Date: September 5, 2025
- Lock-in Expiry: March 31, 2026 and April 1, 2026 (varies by share lots)
Impact Assessment
Minimal market impact expected due to small number of shares (19,822) and lock-in restrictions on all shares. The warrant conversion represents normal corporate action with no immediate trading implications beyond increased share count.
Impact Justification
Routine listing of small number of shares through warrant conversion with minimal market impact