Taylormade Renewables has made significant moves in its capital structure, as revealed in a recent board meeting outcome. The company's board has approved the allotment of convertible warrants to a promoter while a previously approved non-promoter issue has lapsed.

Promoter Warrant Allotment

The board of Taylormade Renewables has approved the allotment of 250,000 convertible warrants to Neera D Gor, a promoter category allottee. These warrants are priced at Rs. 332.86 each, comprising a face value of Rs. 10.00 and a premium of Rs. 322.86 per warrant.

Neera D Gor has paid Rs. 2.08 crore, representing 25% of the total warrant issue price. This allotment is in line with the in-principle approval granted by the BSE via letter No. LOD/PREF/MV/FIP/842/2025-26 dated September 08, 2025.

Lapsed Non-Promoter Issue

In a separate development, a previously approved preferential issue has not materialized. The company had received in-principle approval from BSE (letter no. LOD/PREF/KS/FIP/840/2025-26 dated September 08, 2025) for issuing 500,000 convertible warrants to non-promoter individuals Sunil Behal and Nisha Behal at Rs. 272.00 per warrant.

However, this issue did not proceed as the subscription money was not received within the stipulated timeline. Consequently, no warrants have been allotted under this approval, and no equity shares will be issued against these warrants.

Board Meeting Details

The board meeting where these decisions were made took place on September 23, 2025. The meeting commenced at 05:30 PM and concluded at 06:00 PM. This disclosure has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Taylormade Renewables, with its CIN L29307GJ2010PLC061759, continues to navigate the complexities of capital markets and corporate governance. The company's registered office is located at 1201 to 1215, 12th Floor, Solitaire Connect, Nr. BMW Showroom, S.G. Highway, Makarba, Ahmedabad- 380051, Gujarat, India.

Taylormade Renewables Ltd. has achieved a significant milestone in the sugar industry by successfully obtaining a patent for its innovative sugar manufacturing process. This development marks a major advancement in the field and could potentially revolutionize sugar production methods.

Patent Grant: A Sweet Success

The company's newly patented process is being hailed as a game-changer in the sugar manufacturing sector. While specific details of the innovation are not disclosed, the patent grant suggests that Taylormade Renewables has developed a unique and potentially more efficient method for sugar production.

Implications for the Sugar Industry

This patent could have far-reaching implications for the sugar industry:

• Improved Efficiency: The new process might lead to more efficient sugar extraction, potentially reducing production costs.
• Environmental Impact: Innovations in manufacturing processes often aim to reduce energy consumption or waste, which could align with growing environmental concerns in the industry.
• Competitive Advantage: With this patented technology, Taylormade Renewables may gain a significant edge over its competitors in the sugar manufacturing sector.

Company's Strategic Position

The successful patent grant underscores Taylormade Renewables' commitment to innovation and research & development. This achievement may strengthen the company's position in the renewable energy and sugar industries, potentially opening up new business opportunities and partnerships.

Looking Ahead

As the sugar industry continues to evolve, innovations like the one patented by Taylormade Renewables play a crucial role in shaping its future. Stakeholders and industry observers will be keen to see how this new technology is implemented and its impact on sugar production processes.

The company has not yet released detailed information about the implementation timeline or the specific improvements offered by this new manufacturing process. However, this development certainly positions Taylormade Renewables as a company to watch in the sugar industry's technological landscape.