Announced Wed, 24 Sept · 19:22 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 24, 2025 for Dharmendra Sharad Gor

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Taylormade Renewables Ltd has informed the stock exchange about a pledge creation on equity shares by promoter Dharmendra Sharad Gor. The promoter, who holds 6,323,266 shares (51.00% of total share capital), has pledged 100,000 shares (0.81% of total share capital) on September 19, 2025. The pledge has been created in favour of Mr. Vicky R Javeri for personal borrowing purposes. Before this event, the promoter had no shares encumbered; post-event, encumbered shares stand at 100,000 (0.81% of total share capital).

Likely market impact

The pledged amount is small (less than 1% of total share capital), so the immediate impact on shareholders is limited. However, investors should monitor whether any further pledging occurs or if the pledged shares are invoked, which could signal financial stress on the promoter.