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  3. Borosil Renewables Processes Share Transfer Re-lodgement Under SEBI Special Window
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India IPO
  • 04 Mar 2026
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 Borosil Renewables Processes Share Transfer Re-lodgement Under SEBI Special Window

Borosil Renewables Limited processed a re-lodgement request for 100 physical equity shares of Gujarat Borosil Limited under SEBI's special window circular. The shares, originally held by Anu Aggarwal for transfer to Shashi Sharma, had been transferred to IEPF along with unclaimed dividends. Following corporate restructuring through NCLT-approved schemes, the original shareholding translates to entitlements in three companies. After publishing a general notice on December 27, 2025, and receiving no objections, the company will issue entitlement letters after a 6-month lock-in period to enable IEPF claim procedures.

Borosil Renewables Processes Share Transfer Re-lodgement Under SEBI Special Window

Borosil Renewables Limited has announced an update regarding the processing of a share transfer re-lodgement request under the Securities and Exchange Board of India's special window provision. The company received a request for transfer of physical shares originally issued by Gujarat Borosil Limited, which was subsequently amalgamated with Borosil Renewables. Share Transfer Details The re-lodgement request pertains to specific equity shares with the following details: Parameter: Details Folio Number: 01457276 Share Quantity: 100 Equity Shares Face Value: Rs. 5/- each Original Company: Gujarat Borosil Limited Transferor: Anu Aggarwal Transferee: Shashi Sharma Certificate Number: 058405 Distinctive Numbers: 21566371 to 21566470 Corporate Restructuring Impact The shares in question have been affected by significant corporate restructuring events. The 100 equity shares of Gujarat Borosil Limited, along with unclaimed dividends, had already been transferred to the Investor Education and Protection Fund (IEPF) pursuant to IEPF Rules, 2016. Following the Composite Scheme of Amalgamation and Arrangement approved by the National Company Law Tribunal (NCLT) Mumbai on January 15, 2020, Gujarat Borosil Limited was amalgamated with Borosil Renewables Limited. Under this scheme, the consumer and scientific & industrial product business of Borosil Renewables was transferred by way of demerger to Borosil Limited. Share Entitlement Structure As per the approved share allotment ratio under the amalgamation scheme, the original shareholder of 100 equity shares of Gujarat Borosil Limited is entitled to: Entitlement: Details Borosil Renewables Shares: 50 equity shares of Re. 1/- each Borosil Limited Shares: 50 equity shares of Re. 1/- each Borosil Scientific Shares: 37 equity shares of Re. 1/- each The entitlement to Borosil Scientific Limited shares arose from a subsequent Composite Scheme of Arrangement approved by NCLT Mumbai on November 02, 2023, under which Borosil Limited's scientific and industrial product business was demerged to Borosil Scientific Limited. Regulatory Compliance Process In compliance with SEBI Circular no. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 02, 2025, and related regulations, Borosil Renewables published a general notice through newspaper advertisements on December 27, 2025. This notice sought objections or claims regarding the proposed share transfer within prescribed timelines. The company has confirmed that no objections or claims were received for the 100 equity shares of Gujarat Borosil Limited during the specified period. Next Steps and Timeline Borosil Renewables will issue entitlement letters for the relevant shares after the completion of a 6-month lock-in period. Based on these entitlement letters, the transferee will be eligible to claim the corresponding shares from the IEPF. The company has made detailed information regarding this process available on its website for stakeholder reference and transparency. Borosil Renewables Limited has issued a regulatory update regarding the availability of an interview featuring the company's Executive Chairman on ET Now. The interview, which centered on the company's general business developments, required a technical correction to ensure proper accessibility for stakeholders. Interview Details and Technical Resolution The company filed a regulatory notice on February 19, 2026, addressing technical issues that prevented viewers from accessing the interview through the originally provided link. The interview featured Mr. Pradeep Kumar Kheruka, Executive Chairman of Borosil Renewables, and was conducted on February 18, 2026. Parameter: Details Interview Date: February 18, 2026 Media Platform: ET Now Featured Executive: Mr. Pradeep Kumar Kheruka, Executive Chairman Filing Date: February 19, 2026 Updated Link: https://www.youtube.com/watch?v=G9nFjG\_a1Tc Regulatory Compliance and Communication The filing was submitted to both BSE Limited and the National Stock Exchange of India Limited under Regulation 30, demonstrating the company's commitment to transparent communication with stakeholders. The document was signed by Kishor Talreja, Company Secretary and Compliance Officer, who holds membership number FCS 7064. Accessibility and Stakeholder Information The company has ensured that the corrected interview link is accessible through multiple channels. The intimation is available on the company's official website at www.borosilrenewables.com , providing stakeholders with easy access to the business update content. This approach reflects the company's dedication to maintaining open communication channels with investors and other interested parties regarding its business developments and strategic direction. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.

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