Outcome of Board Meeting held on October 19, 2026- Preferential Issue of Warrants to Persons belonging to Promoter Group

October 19, 2026 BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Fort, Mumbai - 400001. Scrip Code: 541228 Subject: Outcome of Board Meeting held on October 19, 2026 With reference to the above subject and in furtherance to our intimation dated, October 15, 2026, we hereby inform, that the Board of Directors of the Company at its meeting held today i.e. Monday, October 19, 2026 inter-alia considered and approved the following matters: 1. Preferential Issue of Warrants The Board considered and approved, subject to the approval of the shareholders and such other regulatory and statutory approvals as may be required, including in-principle approval from the Stock Exchange, the issuance of up to 14,00,000 (Fourteen Lakh) fully convertible warrants (“Warrants”) on a preferential basis to the identified investors listed below. Each Warrant shall entitle its holder to subscribe to one fully paid-up equity share of the Company having a face value of ₹10/- each, at an issue price of ₹71.30/- per Warrant, payable in cash, within a maximum period of 18 (eighteen) months from the date of allotment of the Warrants, in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”) and other applicable laws. The aggregate issue size shall be up to ₹9,98,20,000/- (Rupees Nine Crore Ninety-Eight Lakh Twenty Thousand only). List of Proposed Investors: Sr. No Name of Proposed Investors Maximum No. of Warrants Category 1. Dharmendra Sharad Gor 12,00,000 Promoter 2. Neera D Gor 1,00,000 Promoter 3. Harsh D Gor 1,00,000 Promoter/Promoter Group Total 14,00,000 2. Convening an Extra Ordinary General Meeting of the Company The Board decided to convene an Extraordinary General Meeting (“EGM”) of the Company on Wednesday, November 18, 2026, to seek shareholders’ approval for the proposed preferential issue of Warrants and CIN: L36000GJ2010PLC061759 1201 to 1215, 12th Floor, Solitaire Connect, Nr. BMW Showroom, S.G. Highway, Makarba, Ahmedabad- 380051, Gujarat, India. Tel.+ 91 79 40040888, 40035875 Email: cs@tss-india.com, info@trlindia.com approved the draft notice of the EGM. The notice shall be dispatched to the shareholders and submitted to the Stock Exchange in accordance with applicable laws and regulations. 3. Appointment of scrutinizer for the purpose of e-voting The Board appointed SURANA AND KOTHARI ASSOCIATES LLP, Practising Company Secretaries, as the Scrutinizer to scrutinize the remote e-voting process and voting at the EGM, in a fair and transparent manner. The Company has fixed November 11, 2026 as the cut-off date for determining the eligibility of members entitled to vote by remote e-voting or at the Extraordinary General Meeting. 4. Objects of the Issue To finance the Company's business expansion, technology development and execution of projects in the fields of industrial wastewater treatment, water and resource recovery, recycling, zero liquid discharge, renewable energy, solar thermal systems and allied engineering solutions, including expenditure on research and development, engineering, procurement, manufacturing, plant and machinery, installation, project implementation and related working capital requirements. Additional details pursuant to Regulation 30 and other relevant provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular bearing reference no. CIR/CFD/CMD/4/2015 dated September 09, 2015 is enclosed as Annexure 1. The meeting of the Board of Directors commenced at 06:30 PM and concluded at 08:30 PM. You are requested to take above information on record. Thanking you. Yours faithfully, FOR TAYLORMADE RENEWABLES LIMITED DHARMENDRA SHARAD GOR CHAIRMAN & MANAGING DIRECTOR DIN: 00466349 CIN: L36000GJ2010PLC061759 1201 to 1215, 12th Floor, Solitaire Connect, Nr. BMW Showroom, S.G. Highway, Makarba, Ahmedabad- 380051, Gujarat, India. Tel.+ 91 79 40040888, 40035875 Email: cs@tss-india.com, info@trlindia.com ANNEXURE 1 The details as required to be disclosed under Regulation 30 read with the SEBI Circular dated September 09, 2015 are as under: Sr.No Particulars Details 1 Type of securities proposed to be Fully Convertible Warrants each convertible into, or issued (viz. equity shares, exchangeable into equivalent number of fully paid-up convertibles, etc. equity share of the Company. 2 Type of issuance Preferential Issue of warrants in accordance with the SEBI (ICDR) Regulation 2018 read with the Companies Act, 2013 and rules made thereunder. 3 Total number of securities Upto 14,00,000 (Fourteen Lakh Only) Fully Convertible proposed to be issued or the total Warrants (“Warrants”), each convertible into, or amount for which the securities exchangeable for, 1 (one) fully paid-up equity share of the will be issued (approximately) Company having face value of ₹10/- (Rupee Ten Only) each (“Equity Share(s)”), at a price (including the Warrant Subscription Price and the Warrant Exercise Price) of ₹71.30/- (Rupees Seventy One and Thirty Paise Only) per Warrant, payable in cash (“Warrant Issue Price”), aggregating up to ₹9,98,20,000 (Rupees Nine Crore Ninety Eight Lakh Twenty Thousand Only) (“Total Issue Size”). The price of the warrants has been determined in accordance with the ICDR Regulations. The preferential issue will be undertaken for cash consideration. An amount equivalent to 25% of the Warrant Issue Price shall be payable at the time of subscription and allotment of each Warrant and the balance 75% shall be payable by the Warrant holder(s) on the exercise of Warrant(s); The price of the warrants and the number of Equity Shares to be allotted on conversion of warrants shall be subject to appropriate adjustments as permitted under applicable laws. 4 Issue Price Rs. 71.30/- per warrant 5 List of Proposed Investor to whom Dharmendra S Gor Warrants shall be allotted for Cash Neera D Gor Harsh D Gor 6 List of Proposed Investors to NA whom warrants shall be allotted for consideration other than Cash 7 In case of convertibles - intimation The tenure of the warrants shall not exceed 18 (eighteen) on conversion of securities or on months from the date of allotment. Each warrant shall carry a right to subscribe 1 (one) Equity Share per warrant, CIN: L36000GJ2010PLC061759 1201 to 1215, 12th Floor, Solitaire Connect, Nr. BMW Showroom, S.G. Highway, Makarba, Ahmedabad- 380051, Gujarat, India. Tel.+ 91 79 40040888, 40035875 Email: cs@tss-india.com, info@trlindia.com lapse of the tenure of the which may be exercised in one or more tranches during the instrument; period commencing from the date of allotment of warrants until the expiry of 18 (eighteen) months from the date of allotment of the warrants. If a Warrant holder does not exercise the Warrants within 18 (eighteen) months from the date of allotment, the unexercised Warrants shall lapse, and the amount paid in respect of such Warrants shall stand forfeited by the Company, in accordance with applicable laws. 8 Post allotment of securities - 1. Name of the Proposed allottee: DHARMENDRA outcome of the subscription (The SHARAD GOR (Promoter of the Company) post-issue shareholding as shown • Pre Issue Equity holding: 62,73,266 above is calculated assuming full • No. of warrants to be allotted: 12,00,000 exercise of warrants and • Post issue Equity Holding*: 74,73,266 (53.20%) consequent allotment of the *(assuming full Conversion of Warrants) equity shares of the Company.) 2. Name of the Proposed allottee: NEERA D GOR (Promoter of the Company) • Pre Issue Equity holding: 10,26,116 • No. of warrants to be allotted: 1,00,000 • Post issue Equity Holding*: 11,26,116 (8.02%) *(assuming full Conversion of Warrants) 3. Name of the Proposed allottee: HARSH D GOR (Promoter of the Company) • Pre Issue Equity holding: 56,618 • No. of warrants to be allotted: 1,00,000 • Post issue Equity Holding*: 1,56,618 (1.11%) *(assuming full Conversion of Warrants) CIN: L36000GJ2010PLC061759 1201 to 1215, 12th Floor, [Showing first 8,000 characters — download PDF for full document]