Taylormade Renewables Ltd — Others, 04-06-2025: AGM/EGM

Taylormade Renewables Limited has announced a board meeting to consider issuing up to 5,00,000 fully convertible warrants to non-promoter investors Sunil Behal and Nisha Behl at Rs. 272 per warrant, raising up to Rs. 13.60 Cr on a preferential basis. The warrants can be converted into equity shares within 18 months. Proceeds will fund Tarapur plant operations (Rs. 9 Cr), preliminary expenses for Dahej and Sayakha projects (Rs. 1 Cr), and working capital (Rs. 3.60 Cr). This capital raise aims to support operational efficiency, project development, and business continuity without any change in company control.