Taylormade Renewables Issues Corrigendum to EGM Notice, Discloses UBO Details for Preferential Issue

1 min read     Updated on 10 Nov 2025, 01:07 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Taylormade Renewables Limited (TRL) has released a corrigendum to its Extraordinary General Meeting (EGM) notice, providing additional Ultimate Beneficial Owner (UBO) details for proposed allottees of fully convertible warrants. The corrigendum, dated November 10, 2025, supplements the original EGM notice for the meeting scheduled on November 15, 2025. TRL disclosed UBO details for three non-promoter category allottees. The company emphasized that there will be no change in control or management due to this preferential issue, and all other terms of the issue remain unchanged.

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*this image is generated using AI for illustrative purposes only.

Taylormade Renewables Limited (TRL) has issued a corrigendum to its Extraordinary General Meeting (EGM) notice, providing additional disclosure of Ultimate Beneficial Owner (UBO) details for the proposed allottees under a preferential issue of fully convertible warrants.

Key Details of the Corrigendum

The corrigendum, dated November 10, 2025, supplements the original EGM notice scheduled for November 15, 2025. The meeting is set to take place at 01:00 PM (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM).

Preferential Issue and UBO Disclosure

The company has disclosed the UBO details for the proposed allottees of fully convertible warrants in the non-promoter category. This disclosure is in compliance with SEBI regulations and other applicable laws.

Sr. No. Name of Proposed Allottee Category Ultimate Beneficial Owner (UBO)
1 Dhara C Shah Non-Promoter Self
2 Rajesh Jhaveri HUF Non-Promoter Mr. Rajesh Nanubhai Jhaveri, Karta of HUF
3 Vicky R Jhaveri Non-Promoter Self

Important Clarifications

TRL has emphasized that:

  1. There will be no change in control or management of the company as a result of this preferential issue.
  2. The proposed allottees belong to the non-promoter category.
  3. The allottees are investing from their own funds.

Unchanged Terms

The company has confirmed that all other terms and conditions of the preferential issue, as stated in the original EGM Notice dated October 24, 2025, remain unchanged.

Availability of Information

The corrigendum forms an integral part of the EGM Notice and is available on the company's website at www.trlindia.com , as well as on the website of BSE Limited, where TRL's equity shares are listed.

Investors and stakeholders are advised to refer to both the original EGM notice and this corrigendum for complete information regarding the upcoming Extraordinary General Meeting and the proposed preferential issue.

Historical Stock Returns for Taylormade Renewables

1 Day5 Days1 Month6 Months1 Year5 Years
-2.11%-2.60%-8.67%-42.47%-55.52%+2,882.01%
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Taylormade Renewables Reports INR 1060.94 Lacs Net Profit, Introduces Innovative Technologies

1 min read     Updated on 30 Oct 2025, 09:44 AM
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Reviewed by
Naman SharmaScanX News Team
Overview

Taylormade Renewables Limited announced financial results with a net profit of INR 1060.94 Lacs and profit before tax of INR 1522.65 Lacs, despite writing off bad debts of INR 342.94 Lacs. The company introduced new technologies in ethanol recovery, spent wash concentration, and sugar manufacturing. They also developed the Paneer Plus plant to increase Paneer yield by 20% for the dairy industry. Progress was reported on the Andhra Pradesh water infrastructure project, with some work orders on hold due to elections. Auditors issued an unmodified opinion on the financial results.

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*this image is generated using AI for illustrative purposes only.

Taylormade Renewables Limited has announced its financial results, showcasing a robust performance despite facing some challenges. The company reported a net profit of INR 1060.94 Lacs, demonstrating its resilience in the renewable energy sector.

Financial Highlights

Metric Amount (in Lacs)
Profit Before Tax 1522.65
Net Profit 1060.94
Bad Debt Write-off 342.94

Despite the impressive net profit, it's worth noting that the company had to write off bad debts amounting to INR 342.94 Lacs, which impacted the overall financial results.

Technological Advancements

Taylormade Renewables has made significant strides in technological innovation. The company introduced several cutting-edge technologies:

  1. Ethanol recovery with highest purity
  2. Spent wash concentration technology
  3. Improvements in sugar manufacturing processes

These advancements are expected to enhance the company's operational efficiency and maintain its competitive edge in the renewable energy market.

Dairy Industry Innovation

In a move to diversify its offerings, Taylormade Renewables developed the Paneer Plus plant. This innovative solution aims to increase Paneer yield by 20% for the dairy industry, potentially opening new revenue streams for the company.

Ongoing Projects and Future Outlook

The company reported progress on its Andhra Pradesh water infrastructure project, having provided advances to vendors for material procurement. However, some expected work order awards were put on hold due to Central Government elections. The company anticipates that these orders may be processed in the current financial year, potentially contributing to future growth.

Audit Opinion

It's noteworthy that the auditors have issued an unmodified opinion on the annual audited standalone financial results, providing assurance on the accuracy and reliability of the financial statements.

Taylormade Renewables' performance demonstrates its ability to navigate challenges while continuing to innovate and expand its technological capabilities. The company's focus on diversification and infrastructure projects suggests a strategic approach to long-term growth in the renewable energy sector.

Historical Stock Returns for Taylormade Renewables

1 Day5 Days1 Month6 Months1 Year5 Years
-2.11%-2.60%-8.67%-42.47%-55.52%+2,882.01%
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