Borosil Renewables Raises Rs. 371.49 Crores Through Preferential Share Allotment

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. This strategic move has bolstered the company's financial position and expanded its shareholder base.

Key Details of the Allotment

Number of Shares: 69,43,691 equity shares
Issue Price: Rs. 535 per share (Face value: Re. 1, Premium: Rs. 534)
Number of Investors: 78 non-promoter investors
Post-Allotment Share Capital: Rs. 14,01,60,544

Investor Breakdown

The preferential allotment attracted a diverse group of investors. Here's a snapshot of the top investors:

Investor Name	Shares Allotted	Post-Allotment Shareholding (%)
Niveshaay Hedgehogs Fund	5,14,018	0.67
Abakkus Diversified Alpha Fund -2	5,04,672	0.34
Dharmapal Satyapal Limited	5,00,000	0.34
Nuvama Enhanced Dynamic Growth Equity (Edge) Fund	4,67,289	0.32
Niveshaay Sambhav Fund	2,33,644	0.30

Regulatory Compliance

Borosil Renewables has ensured full compliance with regulatory requirements:

The allotment was approved by the Management Committee of the Board of Directors.
In-principle approvals were obtained from both BSE Limited and the National Stock Exchange of India Limited prior to the allotment.
The newly allotted shares will rank pari passu with existing equity shares of the company.

Impact on Share Capital

Following this allotment, Borosil Renewables' 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. This represents a significant expansion of the company's capital base.

Conclusion

This successful preferential allotment demonstrates investor confidence in Borosil Renewables and provides the company with additional capital for its operations and growth initiatives in the renewable energy sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.41%	-0.60%	+13.84%	+22.64%	+41.89%	+697.26%

The Indian government has announced a significant policy change affecting the renewable energy sector, mandating prior registration for specific components used in renewable energy projects. This new regulation, set to take effect from November 1, 2025, aims to enhance monitoring and streamline the supply chain for critical renewable energy components.

Key Points of the New Policy

Effective Date: November 1, 2025
Regulatory Body: Directorate General of Foreign Trade, Ministry of Commerce & Industry
Registration System: Renewable Energy Equipment Import Monitoring System (REEIMS)
Components Affected:
- Solar glass
- Photovoltaic cells
- Wind energy generation components

Registration Process Details

Aspect	Requirement
Application Deadline	2 days before import (air cargo)
	5 days before import (sea and land routes)
Validity Period	3 months per registration
Registration Fee	No fee required
Specificity	Each registration is port-specific
Multiple Consignments	Allowed under a single registration

Affected HS Codes and Products

The policy affects various products under specific HS codes, including:

70071900: Toughened safety glass
73082019: Towers for wind energy
84833000, 84834000: Bearings and gears
85016420, 85016430: High-capacity generators
85023100: Wind-powered generating sets
85030090: Electric motor parts
85414200, 85414300: Photovoltaic cells and modules

Industry Impact and Objectives

This new mechanism is designed to track imports of critical components for the renewable energy sector. The government expects this move to help streamline the supply chain and support sector growth. Companies importing these components, including major players like Borosil Renewables Limited , will need to adapt to these new requirements.

The policy change reflects India's commitment to closely monitor and potentially regulate the influx of renewable energy components. This could have implications for domestic manufacturing, supply chain management, and the overall development of India's renewable energy sector.

As the renewable energy industry continues to grow in importance, both globally and within India, this policy represents a significant step towards greater oversight and potential support for domestic production. Companies and investors in the renewable energy sector should closely monitor how this policy is implemented and its effects on market dynamics in the coming years.