TaylorMade Renewables Limited successfully conducted its Extra-Ordinary General Meeting (EGM) on March 30, 2026, through video conferencing to address key corporate matters. The meeting was held in accordance with regulatory requirements and saw participation from 54 members along with the complete board of directors and key management personnel.

Meeting Details and Attendance

The EGM was conducted at 01:00 PM (IST) via Video Conferencing (VC) and Other Audio-Visual Means (OAVM), complying with circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). The meeting duration extended from 01:00 PM to 01:41 PM, including time allocated for e-voting during the session.

Board and Management Participation

The meeting witnessed comprehensive attendance from the company's leadership team. Mr. Dharmendra Sharad Gor, Managing Director and Chairperson, presided over the proceedings, while other key executives participated actively.

Key Attendees:

• Mr. Dharmendra Sharad Gor - Managing Director & Chairperson
• Mrs. Neera Dharmendra Gor - Executive Director
• Mr. Jayesh Niranjanbhai Shah - Executive Director
• Mr. Parthiv Karsan Antala - Independent Director
• Mr. Pinakeen Amrutlal Patel - Independent Director
• Mr. Niraj Kumar - Independent Director
• Mrs. Avani Samir Patel - Non-Executive Non-Independent Director
• Mr. Harsh Dharmendra Gor - Chief Executive Officer
• Mr. Samir Sumanbhai Patel - Chief Financial Officer
• CS Vaidehi Bang - Company Secretary & Compliance Officer

Resolution Passed with Overwhelming Support

The primary agenda item was a special resolution concerning the issuance of fully convertible warrants on preferential basis to persons belonging to non-promoter category. The resolution received overwhelming support from shareholders with 99.99% votes cast in favor.

Voting Results and Participation

The detailed voting results revealed strong support across all shareholder categories. The Promoter and Promoter Group category showed 100% support with 6,355,011 votes cast entirely in favor. Public Non-Institutions category also demonstrated strong backing with 142,635 votes in favor and only 1 vote against.

Voting Process and Compliance

The company facilitated remote e-voting through Bigshare Services Pvt. Ltd., ensuring broad member participation. The voting window was open from 10:00 AM on March 27, 2026, to 05:00 PM on March 29, 2026. Additionally, members who had not participated in remote voting were provided a 30-minute window during the meeting for e-voting.

CS Ankita Surana, Partner at M/s Surana & Kothari Associates LLP, served as the appointed Scrutinizer to oversee the voting process. The scrutinizer's report confirmed that the resolution was passed with the requisite majority as mandated under the Companies Act, 2013 and other applicable laws.

Official Communication and Compliance

Following the completion of voting and scrutinizer's report, the company communicated the results to BSE Limited on April 01, 2026. The communication was signed by Mr. Dharmendra Sharad Gor, Chairman & Managing Director, confirming the successful passage of the resolution and requesting BSE to take the same on record.

TaylorMade Renewables Limited has issued a corrigendum to its Extraordinary General Meeting notice, making important revisions to the terms of its proposed preferential issue of fully convertible warrants. The company announced these updates on March 18, 2026, ahead of its scheduled EGM on March 30, 2026.

Key Revisions to Warrant Issue Terms

The corrigendum introduces two significant changes to the original EGM notice dated March 07, 2026:

The relevant date has been revised to February 27, 2026, being the trading day immediately preceding February 28, 2026 (a non-trading day), which falls 30 days prior to the EGM date. This revision affects the floor price calculation for the preferential issue under SEBI regulations.

Preferential Issue Details

The company proposes to issue up to 10,00,000 fully convertible warrants through preferential allotment, with the following structure:

The total consideration for the warrant issue amounts to ₹12,35,10,000. Each warrant carries the right to subscribe to one equity share of face value ₹10 within 18 months from the date of allotment.

Pricing and Valuation Framework

The warrant price of ₹123.51 has been determined based on SEBI ICDR Regulations, representing the higher of:

• 90 Trading Days VWAP on BSE preceding the relevant date: ₹123.51
• 10 Trading Days VWAP on BSE preceding the relevant date: ₹115.03

The pricing is supported by a valuation report dated February 28, 2026, issued by CA Jainam Hitesh Shah, Registered Valuer (IBBI Registration No. IBBI/RV/07/2020/13500).

Fund Utilization and Business Objectives

The proceeds from the warrant issue will be utilized for the implementation and commercialization of the company's patented sugar manufacturing technology. The funds are earmarked for:

• Manufacturing pilot-scale sugar processing plants
• Demonstration and field-scale implementation at select facilities
• Process validation, optimization, and scale-up activities
• Research and development initiatives
• Marketing and business development
• General corporate purposes for the Sugar Technology business vertical

Warrant Terms and Conditions

The warrants come with specific terms governing their conversion and trading:

The warrants will be allotted in dematerialized form within 15 days of the special resolution approval, subject to regulatory approvals. Warrant holders can exercise their conversion rights in one or more tranches during the 18-month period.

Meeting and Voting Arrangements

The EGM will be conducted through Video Conferencing (VC) and Other Audio Visual Means (OAVM) on March 30, 2026, at 01:00 PM. The company has engaged Bigshare Services Pvt Ltd for facilitating remote e-voting, with the voting period scheduled from March 27, 2026 (10:00 AM) to March 29, 2026 (05:00 PM).

M/s Surana and Kothari Associates LLP has been appointed as the scrutinizer for the e-voting process. The cut-off date for determining eligible voters is March 20, 2026.