Taylormade Renewables Ltd

Taylormade Renewables Announces ₹12.35 Crore Fundraise via Preferential Issue 📈

• Issuing 10,00,000 fully convertible warrants at ₹123.51 per warrant

• Each warrant convertible into one equity share of ₹10 face value

• Total fundraising up to ₹12.35 crore

• Funds allocated for commercializing patented sugar manufacturing technology and general corporate purposes

• Warrants convertible within 18 months from allotment

• 25% payment upfront, 75% upon conversion

• Issue to non-promoter investors Sukhdev Santramdas Punjabi and Sangitaben Sukhdev Punjabi (5,00,000 warrants each)

• No participation from promoters, directors, or key managerial personnel