Borosil Renewables Ltd

Borosil Renewables Limited announced the allotment of 53,38,840 equity shares following the conversion of warrants by warrant holders, increasing the company's paid-up equity share capital to Rs 14,71,83,709. The funds raised will be utilized, among other purposes, to finance the company’s solar glass expansion project. N R Agarwal Industries Limited received 37,735 shares, while Jigar Chandrakant Shah received 47,169 shares, and Niveshaay Hedgehogs FUND received 3,57,924 shares, as detailed in an annexure.

Borosil Renewables Limited announced the allotment of 12,52,629 equity shares to warrant holders who applied for conversion, following receipt of payments, according to a filing with the BSE Limited and National Stock Exchange of India Ltd on July 30, 2026. The allotment, stemming from warrants initially issued on a preferential basis in February 2025, increased the company’s paid-up equity share capital to Rs 14,18,44,869 divided into 14,18,44,869 equity shares, with M7 Global Fund PCCC – ASAS Global Opportunities Fund receiving the largest allocation of 75,471 shares.

Borosil Renewables reported receiving 166 consumer complaints during fiscal year 2025-26, all of which were resolved by the end of the year, according to a recently released corporate responsibility report. The company, which operates primarily on a business-to-business model, provides product information covering safe usage, environmental impact, and recycling through multiple channels including email, helplines, and its website. Borosil Renewables has also implemented an enhanced IT security policy and is working towards ISO 27001 certification, with 13 related policies finalized and 10 more expected to be completed by fiscal year 2026-27. The company reported zero data breaches and no product recalls during the reporting period, and 78.80% of its total wage cost was allocated to rural areas.

Borosil Renewables announced that the Annual General Meeting(AGM) of the company will be held on 27 August 2026.

Net profit of Borosil Renewables reported to Rs 86.84 crore in the quarter ended June 2026 as against net loss of Rs 166.57 crore during the previous quarter ended June 2025. Sales rose 17.06% to Rs 405.69 crore in the quarter ended June 2026 as against Rs 346.58 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales405.69346.58 17 OPM %31.3518.18 - PBDT139.4665.23 114 PBT117.8935.73 230 NP86.84-166.57 LP Powered by Capital Market - Live

Borosil Renewables announced that Dilip Acharya, General Manager ' Human Resources has ceased to be Senior Management Personnel of the Company with effect from 13 July 2026, due to a change in the internal reporting structure. He is continuing as an employee of the Company.

Borosil Renewables will hold a meeting of the Board of Directors of the Company on 16 July 2026.

The notified product includes textured toughened glass with a minimum of 90.5% transmission, thickness not exceeding 4.2 mm, and where at least one dimension exceeds 1500 mm (whether coated or uncoated). The product is commonly referred as solar glass, solar PV glass, or high-transmission photovoltaic glass. Under the notification, the duty will be levied as a percentage of the CIF (Cost, Insurance and Freight) value of the imported goods. Imports from Xinyi Solar (Malaysia) Sdn. Bhd. and SBH Kibing Solar New Materials (M) Sdn. Bhd. will attract a duty of 9.71%, while imports from all other producers will be subject to a duty of 10.14%. This measure will not only protect domestic manufacturers but also accelerate investments in expansion of local production, driving exponential growth across India's solar glass industry. Borosil Renewables is engaged in the business of manufacturing of extra clear patterned glass and low iron solar glass for application in photovoltaic panels, flat plate collectors and green houses. The company reported consolidated net profit of Rs 169.13 crore in Q4 FY26 compared with net loss of Rs 200.99 crore in Q4 FY25.Powered by Capital Market - Live

The board of Borosil Renewables at its meeting held on 12 May 2026 has approved the proposal for seeking approval of the shareholders by way of an enabling resolution at the ensuing Annual General Meeting, authorising the Board to raise funds, as and when required, up to an amount of Rs. 750 crore, using such modes as the Board may deem fit including but not limited to (a) Further public offer (b) issuance of American Depository Receipts or Global Depository Receipts (c) issuance of Foreign Currency Convertible Bonds (d) Qualified institutions placement or any combination thereof.

The board of Borosil Renewables at its meeting held on 12 May 2026 has approved enhancing the existing business of the company by starting a new division to sell rooftop solar solutions.