Taylormade Renewables Promoter Dharmendra Sharad Gor Pledges 100,000 Shares for Personal Borrowing

Taylormade Renewables , a company listed on the BSE under script code 541228, has reported a significant development involving its promoter, Dharmendra Sharad Gor. According to a recent disclosure made under SEBI regulations for substantial acquisition of shares and takeovers, Mr. Gor has created a pledge on 100,000 equity shares of the company.

Pledge Details

The pledge, representing 0.81% of Taylormade Renewables' total share capital, was created on September 19, 2025, in favor of Mr. Vicky R Jhaveri. The purpose of this pledge has been stated as personal borrowing, as per the disclosure document.

Promoter Shareholding

Dharmendra Sharad Gor, a key promoter of Taylormade Renewables, holds a substantial stake in the company. His total shareholding stands at 6,323,266 shares, which accounts for 51.00% of the company's total share capital. This recent pledge affects a small portion of his overall holdings.

Other Promoter and Promoter Group Holdings

The disclosure also provides information on other promoters and promoter group members' shareholdings:

Name	Shares Held	% of Total Share Capital
Dharmendra Sharad Gor	6,323,266	51.00%
Neera Gor	776,116	6.26%
Jayesh Niranjanbhai Shah	25,127	0.20%
Harsh Dharmendra Gor	56,618	0.46%
Ritu Behal	40,000	0.32%

Regulatory Compliance

The company has duly reported this pledge creation to the stock exchange and the Securities and Exchange Board of India (SEBI) in compliance with Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This transparency ensures that all stakeholders are informed about significant changes in promoter shareholdings and encumbrances.

Taylormade Renewables continues to maintain its listing on the BSE Limited, with investors and market participants closely monitoring these developments in promoter shareholding patterns.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.60%	+0.37%	-14.59%	-22.34%	-60.79%	+3,956.82%

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.