Borosil Renewables Ltd

Borosil Renewables Ltd has announced the forfeiture of 1,12,578 warrants, originally allotted on February 14, 2025, due to the non-receipt of the balance payment within the stipulated period. The company's Board of Directors approved the cancellation of these warrants, which were to be converted into equity shares. Consequently, the upfront subscription money of ₹149,16,585 paid by the warrant holders has also been forfeited as per the terms of issue. This action leads to a minor adjustment in the utilization plan for the issue proceeds, reducing capital expenditure for solar glass production expansion by ₹4.47 Crores.

Borosil Renewables Limited has announced the allotment of 53,38,840 equity shares of face value Re. 1/- each, fully paid-up, upon conversion of warrants. These warrants were initially allotted on a preferential basis on February 14, 2025, to non-promoter category persons at an issue price of Rs. 530/- per warrant. The conversion follows the receipt of conversion notices and the balance 75% payment from warrant holders. This allotment increases the company's paid-up equity share capital to Rs. 14,71,83,709. The funds raised will be utilized for the solar glass expansion project.

Borosil Renewables Ltd has intimated under Regulation 30 that it has shared the Annual Report for FY 2025-26, including the Notice of the 63rd AGM, with shareholders. The AGM is scheduled for August 27, 2026, via Video Conference/Other Audio-Visual Means. Shareholders whose email addresses are not registered will receive a web link to access the report and notice. The report is also available on the company's website and stock exchange websites. The company is facilitating remote e-voting and e-voting during the AGM.

Borosil Renewables Limited has filed its Annual Report for FY 2025-26, including the Notice of its 63rd Annual General Meeting (AGM). The report is available on the company's website and NSDL's e-voting platform. The company highlights its position as India's first and largest solar glass manufacturer, emphasizing dependable supply and assured quality. The report details its business, financial performance, manufacturing capabilities, R&D, strategies, and ESG initiatives. The AGM is scheduled for August 27, 2026, via video conference. The company's market capitalization as of March 31, 2026, was ₹5,285.12 crores.

Borosil Renewables Limited has announced the allotment of 12,52,629 equity shares following the conversion of warrants. These warrants were initially allotted on a preferential basis to non-promoter category investors on February 14, 2025. The conversion involved warrant holders paying the balance 75% of the issue price. This allotment increases the company's paid-up equity share capital to ₹14,18,44,869, comprising 14,18,44,869 equity shares of Re. 1/- each. The newly issued shares will rank pari-passu with existing shares.

Borosil Renewables Ltd has published its Business Responsibility and Sustainability Report (BRSR) for the fiscal year 2025-26. The report details the company's commitment to Environmental, Social, and Governance (ESG) principles, integrating them into its operational ethos and strategic decision-making. Key initiatives include expanding renewable energy capacity with new wind-solar hybrid and wind power projects, increasing renewable electricity share to 29.23%. The company also focuses on environmental stewardship through energy-efficient technologies, water recycling, and developing antimony-free products. Socially, Borosil Renewables prioritizes employee well-being, safety, and development, achieving 17.3 training man-hours per employee and ensuring 100% workforce health assessments. The report outlines the company's dedication to ethical conduct, sustainable practices, and stakeholder value generation.

Borosil Renewables Ltd has filed its Annual Report for the fiscal year 2025-26, which includes the Notice for its 63rd Annual General Meeting (AGM). The report is being sent electronically to shareholders and is available on the company's website and the NSDL e-voting platform. The filing highlights the company's position as India's first and largest solar glass manufacturer, emphasizing its commitment to dependable supply and assured quality. The report details the company's journey, management message, product portfolio, financials, manufacturing facilities, R&D, strategies, and ESG initiatives. It also contains statutory reports, standalone and consolidated financial statements. The AGM is scheduled for August 27, 2026, and will be conducted via Video Conference/Other Audio-Visual Means. The company's market capitalization as of March 31, 2026, was ₹5,285.12 crores.

Borosil Renewables Ltd has announced that its 63rd Annual General Meeting (AGM) will be held on Thursday, August 27, 2026, at 11:00 a.m. IST via Video Conferencing (VC). The Annual Report for FY 2025-26, including the AGM notice, will be sent electronically to shareholders registered as of July 24, 2026. Shareholders whose email addresses are not registered will receive a web link. The company is facilitating e-voting, with remote e-voting open from August 24 to August 26, 2026. Eligibility to vote and attend is based on shareholding as of the cut-off date, August 20, 2026.

An interview featuring Mr. Pradeep Kumar Kheruka, Executive Chairman of Borosil Renewables Ltd, was held on July 20, 2026, with NDTV Profit. The discussion focused on a general update regarding the company's business operations. The interview is accessible via a provided YouTube link and information is also available on the company's website.

Borosil Renewables Ltd has submitted its Monitoring Agency Reports for the quarter ended June 30, 2026. The reports, issued by ICRA Limited and CARE Ratings Limited, confirm that the utilization of proceeds from preferential issues in February 2025 and October 2025 is in line with the stated objects of the issue. No deviation was reported. The net proceeds from the preferential issue were ₹517.66 Crore, with ₹238.89 Crore credited to equity and warrant accounts by June 30, 2026.