Borosil Renewables Limited , a key player in the renewable energy sector, has successfully raised Rs. 371.49 crores through a preferential allotment of equity shares. The company has now restructured the utilization of these proceeds due to undersubscription by few proposed allottees.

Key Details of the Allotment

The preferential issue details remain as follows:

Restructuring of Proceeds Utilization

Due to undersubscription by few proposed allottees, the Board of Directors has approved a restructuring of the issue proceeds utilization:

Investor Breakdown

The preferential allotment attracted a diverse group of investors:

Regulatory Compliance and Impact

Borosil Renewables has ensured full compliance with regulatory requirements. The allotment was approved by the Management Committee of the Board of Directors, with in-principle approvals obtained from both BSE Limited and the National Stock Exchange of India Limited. Following this allotment, the company's paid-up equity share capital has increased to Rs. 14,01,60,544, divided into 14,01,60,544 equity shares of Re. 1 each.

The restructuring reflects the company's adaptive approach to capital allocation while maintaining its focus on expanding solar glass manufacturing capacity at its Bharuch facility in Gujarat.

Borosil renewables Limited announced that its Executive Chairman, Mr. Pradeep Kumar Kheruka, participated in a business update interview on ET Now on January 01, 2026. The interview provided stakeholders with insights into the company's current operations and general business developments.

Interview Details

The interview session was conducted on January 01, 2026, featuring the company's Executive Chairman discussing various aspects of Borosil Renewables' business operations. The discussion centered on providing a comprehensive business update to investors and market participants.

Accessibility and Transparency

The company has ensured that the interview is accessible to all stakeholders through multiple channels. The interview has been made available on YouTube, allowing investors and interested parties to view the complete discussion. Additionally, Borosil Renewables has published this information on its official website at www.borosilrenewables.com , maintaining transparency in its communication with stakeholders.

Corporate Communication

The announcement was formally communicated by Mr. Kishor Talreja, Company Secretary and Compliance Officer (Membership no. FCS 7064), ensuring proper regulatory compliance and stakeholder notification. This demonstrates the company's commitment to maintaining transparent communication channels with its investors and the broader market community.