Additional Disclosure of Ultimate Beneficial Owner (UBO)
Price
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Awaiting price reaction for this filing.
Taylormade Renewables has issued a corrigendum to its EGM notice dated October 24, 2025, adding Ultimate Beneficial Owner (UBO) details for three proposed allottees under a preferential issue of fully convertible warrants to non-promoter category persons. The three allottees are Dhara C Shah, Rajesh Jhaveri HUF (with Mr. Rajesh Nanubhai Jhaveri as Karta), and Vicky R Jhaveri, all classified as non-promoters. The company clarified that there is no change in control or management of the company and that the allottees are investing from their own funds. The EGM is scheduled for Saturday, November 15, 2025 at 1:00 PM via video conferencing. All other terms of the original EGM notice remain unchanged.
This is a routine regulatory clarification filing with no material change - the preferential warrant issue terms and pricing remain the same, and since allottees are non-promoters investing from own funds, there is no dilution of promoter control. Shareholders should monitor the EGM outcome on November 15 for approval of the warrant issue.