In furtherance to its intimation dated June 07, 2024, whereby the company had informed that the Board of Directors of the Company (the ‘Board’) had approved the Draft Letter of Offer for the proposed issuance of fully paid-up equity shares of the Company by way of rights issue to the eligible equity shareholders of the Company for an amount aggregating up to Rs 450 crores (‘Issue’). Pursuant to the above referred approval, Borosil Renewables has informed that the Company has filed the Draft Letter of Offer dated June 10, 2024, in connection with the Issue with the Securities and Exchange Board of India, BSE and the National Stock Exchange of India, for their requisite approvals. This intimation is issued in terms of Regulation 30 of the SEBI Listing Regulations.
The above information is a part of company’s filings submitted to BSE.
