Taylormade Renewables Limited announced a private placement of up to 792,608 shares at a price of INR 575 per share for the gross proceeds of INR 455,749,600 on November 20, 2023. The transaction will include participation from new investors, Ahskara Investment Holding PTE. LTD, for 725,000 shares, Parth Subhashbhai Gajjar for 17,391 shares, Tarunkumar Naranbhai Kapupara for 10,000 shares, Sushrut Shashank Desai for 5,217 shares, Satin Pal for 25,000 shares, Parthiv Karsan Antala for 10,000 shares.

The transaction has been approved by the shareholders of the company.