The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on October 08, 2025 for Dharmendra Sharad Gor
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Promoter Dharmendra Sharad Gor has disclosed the release of a pledge on 100,000 equity shares (0.81% of total share capital) of Taylormade Renewables Ltd. The shares were pledged with Mr. Vicky R Javeri for personal borrowing and the release took place on October 7, 2025. After this release, the promoter's encumbered (pledged) shareholding stands at zero. Dharmendra Sharad Gor continues to hold 6,323,266 shares, representing 51.00% of the company's total share capital, keeping his promoter status intact. Other promoters (Neera Gor, Jayesh Shah) and promoter group members (Harsh Gor, Ritu Behal) have no encumbrance on their holdings.
This is a routine positive disclosure indicating that the promoter has freed up shares that were previously pledged for a personal loan, reducing the risk of forced sale. With zero encumbered shares now, there is no near-term overhang risk from pledge invocation. Shareholders can view this as a small reduction in pledged-share risk, though it does not change the promoter's overall 51% controlling stake.