Taylormade Renewables to Consider Fundraising Proposal in Upcoming Board Meeting

1 min read     Updated on 14 Oct 2025, 06:43 PM
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Shriram ShekharScanX News Team
Overview

Taylormade Renewables Limited's Board of Directors will meet on October 17, 2025, to discuss and approve a proposal for raising funds. The company is exploring various financial instruments including equity shares, convertible and non-convertible securities, warrants, and debt securities. The trading window for designated persons has been closed since October 1, 2025, for considering unaudited financial results and the fundraising proposal. The final decision on fundraising methods will be subject to regulatory and shareholder approvals.

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

Taylormade Renewables Limited has announced a significant development in its financial strategy. The company's Board of Directors is set to convene on October 17, 2025, to deliberate on a proposal for raising funds through various financial instruments.

Key Points of the Announcement

  • Meeting Date: October 17, 2025
  • Venue: Registered office of the company
  • Primary Agenda: Consider and approve fundraising proposal

Proposed Fundraising Options

The company is exploring multiple avenues for raising capital, which include:

Instrument Type Possible Methods
Equity Shares Preferential Issue, Private Placements, Rights Issue
Convertible Securities To be determined
Non-Convertible Securities To be determined
Warrants To be determined
Debt Securities To be determined

The final decision on the fundraising method will be subject to regulatory and statutory approvals, including shareholder approval.

Trading Window Closure

In compliance with regulatory requirements:

  • The trading window for designated persons has been closed since October 1, 2025.
  • This closure is primarily for the consideration of unaudited financial results for the quarter and half-year ended September 30, 2025.
  • The existing trading window closure also covers the fundraising proposal discussion.

Implications and Next Steps

This move by Taylormade Renewables suggests a strategic approach towards capital acquisition, which could potentially fuel the company's growth initiatives or strengthen its financial position. Investors and market watchers will likely keep a close eye on the outcome of this board meeting, as it could significantly impact the company's future financial structure and market performance.

The company has assured that it will keep the market informed of any decisions made during the board meeting, in line with its obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As the renewable energy sector continues to gain prominence in India's energy landscape, Taylormade Renewables' fundraising efforts could be indicative of broader trends in the industry, potentially signaling expansion plans or technological investments.

Shareholders and potential investors are advised to await official communications from the company following the board meeting for detailed information on the approved fundraising plans and their potential impact on the company's future prospects.

Historical Stock Returns for Taylormade Renewables

1 Day5 Days1 Month6 Months1 Year5 Years
-2.60%+1.32%-11.99%-17.31%-62.96%+3,819.32%
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Taylormade Renewables Promoter Dharmendra Sharad Gor Pledges 100,000 Shares for Personal Borrowing

1 min read     Updated on 24 Sept 2025, 07:35 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Dharmendra Sharad Gor, a key promoter of Taylormade Renewables (BSE: 541228), has pledged 100,000 equity shares (0.81% of total share capital) to Vicky R Jhaveri for personal borrowing. The pledge was created on September 19, 2025. Gor holds a total of 6,323,266 shares, representing 51% of the company's share capital. The company has reported this pledge creation in compliance with SEBI regulations.

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

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.

Historical Stock Returns for Taylormade Renewables

1 Day5 Days1 Month6 Months1 Year5 Years
-2.60%+1.32%-11.99%-17.31%-62.96%+3,819.32%
Taylormade Renewables
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