Other8 Jan 2026, 08:27 pm
Taylormade Renewables Ltd. fails to receive subscription for proposed preferential issue of 3,00,000 Convertible Warrants
AI Summary
Taylormade Renewables Ltd. has announced that the proposed preferential issue of 3,00,000 Convertible Warrants, approved by BSE Limited and shareholders, did not materialize due to non-receipt of subscription money from the proposed allottees within the stipulated time. Consequently, no warrants were allotted and no equity shares will arise against these warrants.
Key Highlights
- Taylormade Renewables Ltd. did not receive subscription for proposed preferential issue of 3,00,000 Convertible Warrants
- The proposed allottees belonged to the Non-Promoter category
- The issue price was 3222.5 per equity share
- The approval was from BSE Limited and shareholders
- No warrants were allotted and no equity shares will arise against these warrants
Price Impact
More from TRL