BOROSIL RENEWABLES LIMITED — Others, 23-07-2025: Shareholders meeting

Borosil Renewables will hold an Extraordinary General Meeting to approve a preferential issue of equity shares. The company plans to raise up to Rs. 379.52 Cr by allotting approximately 70.94 lakh shares at Rs. 535 each to non-promoter investors. A significant portion of these funds, Rs. 317.34 Cr, is earmarked for expanding solar glass production capacity from 500 to 600 TPD at its Bharuch facility, with the balance for general corporate needs. This capital raise is crucial for scaling up operations and meeting future growth.