19-Oct-2026 21:07:46
TAYLORMADE RENEWABLES : TO RAISE RS 9.98 CR VIA PREFERENTIAL WARRANTS TO PROMOTERS
• Board approved up to 14,00,000 fully convertible warrants at ₹71.30 per warrant, for cash • Aggregate issue size up to ₹9.98 Cr; each warrant convertible into one equity share of face value ₹10 • Allottees are promoters: Dharmendra S Gor 12,00,000 warrants, Neera D Gor 1,00,000, Harsh D Gor 1,00,000 • 25% payable on warrant allotment, balance 75% on exercise; tenure up to 18 months, unexercised warrants lapse • On full conversion, Dharmendra S Gor holding at 53.20%, Neera D Gor 8.02%, Harsh D Gor 1.11% • Proceeds to fund business expansion, technology development and projects in industrial wastewater treatment, ZLD, renewable energy and solar thermal systems • EGM convened on November 18, 2026 for shareholder approval of the preferential issue
Taylormade Renewables Ltd
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