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BOROSIL RENEWABLES LIMITEDOthers, 07-08-2025: Corrigendum

07-08-2025 | 06:07 pm

Borosil Renewables has updated its Extra-Ordinary General Meeting notice regarding a preferential share issue. The company revised the proposed fundraise from approximately Rs. 379.52 Cr to Rs. 376.02 Cr, reducing the number of equity shares to be issued to 70,28,456 at Rs. 535 per share. This adjustment follows the exclusion of four proposed allottees due to eligibility issues, some having sold shares recently or not providing necessary information. The funds are primarily for expanding solar glass production capacity and general corporate purposes. The Board believes this strategic equity raise is in the best interest of the company and its shareholders.

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