
Corporate Action19 Oct 2026, 09:10 pm
Taylormade Renewables Allots 2.5 Lakh Equity Shares on Warrant Conversion
AI Summary
Taylormade Renewables Ltd announced the allotment of 2,50,000 equity shares following the conversion of warrants. These warrants were initially allotted on a preferential basis to Mrs. Neera D Gor. The conversion was approved by the Board of Directors at a meeting held on October 19, 2026. The newly allotted shares rank pari-passu with existing equity shares. Mrs. Neera D Gor's pre-issue shareholding was 6.26%, and post-allotment, her shareholding increased to 8.11% after the allotment of 2,50,000 equity shares at a warrant exercise price of ₹249.645 per warrant.
Key Highlights
- Board approved allotment of 2,50,000 equity shares.
- Shares issued upon conversion of warrants.
- Allotment made on preferential basis.
- Allottee's shareholding increased to 8.11%.
- New shares rank pari-passu with existing equity.
Price Impact
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