MoneyWorks4Me

Borosil Renewables informs about restructuring the utilisation of proceeds

08 Jan 2026 Evaluate

With reference to its earlier intimation dated October 17, 2025, regarding the allotment of equity shares under Preferential Issue. Borosil Renewables has informed that, on account of undersubscription by few proposed allottees for the aforesaid preferential issue of equity shares, the Board of Directors of the Company has approved the restructuring of utilisation of the issue proceeds as details enclosed. 

The above information is a part of company’s filings submitted to BSE.

Peers