BORORENEW

Borosil Renewables Ltd BORO.NS:

• BOROSIL RENEWABLES- HONOURED OBLIGATIONS UNDER LETTER OF CREDIT FOR UNIT, GMB GLASMANUFAKTUR

• BOROSIL RENEWABLES- LETTER OF CREDIT AMOUNTING TO EUR 10.2 MILLION FOR GERMAN UNIT, GMB

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** Shares of Borosil Renewables BORO.NS fall as much as 5% to 472.5 rupees, lowest since Jan. 28

** Renewable energy equipment maker posted a wider third-quarter consol net loss of 267.5 million rupees ($3.08 million) vs year-ago loss of 155.6 million rupees

** Co says hurt by sharp decline in demand for solar photovoltaic modules

** Stock down 10% so far this month

($1 = 86.8000 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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Jan 16 (Reuters) - Borosil Renewables Ltd BORO.NS:

• UPDATE ON TEMPORARY COOL DOWN OF FURNACE AT GMB GLASMANUFAKTUR BRANDENBURG

• GMB IMPLEMENTS TEMPORARY COOL DOWN OF FURNACE

• GMB FACILITIES TO REMAIN OPERATIONAL WITH MINIMAL WORKFORCE

• GMB ANTICIPATES FULL RESUMPTION OF OPERATIONS ONCE DEMAND RECOVERS

Source text: ID:nBSE5R604C

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** Shares of solar glass manufacturer Borosil Renewables BORO.NS rise to exchange-allowed maximum of 5% to 603.10 rupees

** BORO says its solar glass manufacturing capacity will increase by 50% to 1,500 tons per day from 1,000 tons per day

** Solar glass is used to manufacture photovoltaic solar panels

** Stock on track for third straight session of gains

** BORO rose 27.4% in 2024 vs 13.5% decline in 2023

(Reporting by Vijay Malkar)

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** Textured solar glass maker Borosil Renewables BORO.NS rises 5.8% to 516.35 rupees

** Indian government imposes anti-dumping duty on textured tempered glass originating in or exported by China and Vietnam

** Anti-dumping duty will be valid for a period of six months

** Shares of BORO up 17% in 2024 so far, on course to snap a two-year losing streak - LSEG data

(Reporting by Bharath Rajeswaran in Bengaluru)

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Nov 28 (Reuters) - Borosil Renewables Ltd BORO.NS:

• BOROSIL RENEWABLES LTD - APPOINTS MELWYN MOSES AS CEO

Source text: ID:nBSE9VVSDY

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Nov 11 (Reuters) - Borosil Renewables Ltd BORO.NS:

• SEPT-QUARTER CONSOL NET LOSS 97.5 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.72 BILLION RUPEES

Source text: ID:nBSEc9BgRp

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Sept 25 (Reuters) - Borosil Renewables Ltd BORO.NS:

• TO INVEST 178.3 MILLION RUPEES IN CLEAN MAX PRITHVI

Source text for Eikon: ID:nNSEbf5gQl

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Sept 4 (Reuters) - Borosil Renewables Ltd BORO.NS:

• BOROSIL RENEWABLES LTD - ACQUISITION OF 49% STAKE IN CLEAN MAX PRITHVI

Source text for Eikon: ID:nBSE4CwKp

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Aug 12 (Reuters) - Borosil Renewables Ltd BORO.NS:

• BOROSIL RENEWABLES JUNE-QUARTER CONSOL NET LOSS 129.6 MILLION RUPEES

• BOROSIL RENEWABLES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.71 BILLION RUPEES

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Aug 7 (Reuters) - Borosil Renewables Ltd BORO.NS:

• TO CONSIDER, REVIEW EARLIER APPROVED FUND RAISING PLANS VIA RIGHTS ISSUE

Source text for Eikon: ID:nBSE4VWRgG

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** Shares of Borosil Renewables BORO.NS fall 4.4% to 484.30 rupees, biggest pct loss since early Jan this year

** The solar glass manufacturer reported a consolidated loss of 533.2 mln rupees ($6.4 mln)in its fourth quarter earnings compared to a profit of 143.4 mln rupees last year
** Co's bottomline was hurt by a 15.4% rise in total expenses and a 8.4% fall in rev from ops during the qtr

** If trend continues, stock to log its biggest monthly fall since Feb

** Stock down ~10% YTD following a ~13.5% fall in 2023

($1 = 83.1700 Indian rupees)

(Reporting by Yagnoseni Das in Bengaluru)

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May 27 (Reuters) - Borosil Renewables Ltd BORO.NS:

• BOROSIL RENEWABLES LTD MARCH-QUARTER CONSOL NET LOSS 480.7 MILLION RUPEES VERSUS PROFIT 101 MILLION RUPEES

• BOROSIL RENEWABLES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.83 BILLION RUPEES VERSUS 3.09 BILLION RUPEES

Source text for Eikon: ID:nBSEbHRmzt

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May 21 (Reuters) - Borosil Renewables Ltd BORO.NS:

• BOROSIL RENEWABLES LTD - TO CONSIDER RAISING OF FUNDS

Source text for Eikon: ID:nBSE1kBGCn

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** Shares of Asahi India Glass AISG.NS rise as much as ~4%, last up 2% to 616 rupees

** Stock hit session's high after the glass and windows solutions company reported a 7.3% rise in March-quarter profit and 3% rise in total rev from ops

** Co was up 0.6% ahead of results

** Including session's gains, stock up 6.7% so far this year; peer Borosil Renewables BORO.NS up 15%

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Asahi India Glass AISG.NS up 1.6% after two sessions of losses

** Stock of the glass and windows solutions co climbed 3.4% to hit session's high earlier in the day

** Over 300,000 shares change hands in one block deal for 504.5 rupees apiece

** AISG stock on track for busiest trading session since late-Jan, volumes over four times of 30-day avg

** Including session's gains, stock down ~11%

** Co gained 10% in 2023, while peer Borosil Renewables BORO.NS lost ~14%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

March 1 (Reuters) - Borosil Renewables Ltd BORO.NS:

• APPROVED FUND RAISING OF UP TO 5 BILLION RUPEES

Source text for Eikon: ID:nBSE3rnqhJ

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** Shares of Borosil Renewables BORO.NS rise 7.2% to 578.20 rupees apiece

** Rise in the solar glass maker's shares after Indian government initiates anti-dumping investigation into solar glass originating in or exported by China and Vietnam

** Borosil Renewables is the applicant seeking initiation of probe, alleging dumping of solar glass from China and Vietnam

** Borosil says price suppression due to imports hurting domestic industry

** Product used as a component in solar photovoltaic panels

** Stock up 32% YTD - LSEG data

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

** Shares of India's Borosil Renewables BORO.NS down as much as 15.12% at 516.35 rupees; mark sharpest intraday fall since March 2020

** Co posts consol loss in Q3 vs a profit last year; revenue surges 34%

** Stock currently down 9.7%, falls for the third consecutive session - on track to snap a six-week winning streak

** About 3.1 mln shares changed hands by 2:16 p.m. IST, 1.3x the 30-day avg

** Stock up ~25% YTD after an ~14% slide in 2023

(Reporting by Hritam Mukherjee in Bengaluru)

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Nov 6 (Reuters) - Borosil Renewables Ltd BORO.NS:

• BOROSIL RENEWABLES LTD SEPT-QUARTER CONSOL NET PROFIT 250.5 MILLION RUPEES VERSUS 241.9 MILLION RUPEES

• BOROSIL RENEWABLES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.02 BILLION RUPEES VERSUS 1.69 BILLION RUPEES

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** Shares of Borosil Renewables BORO.NS rise as much as 9% to 447.60 rupees; stock set to log best day since Feb 1 - if gains hold

** Co says an Indian court quashed income tax demand notice order of 195.3 million rupees ($2.4 million) on which a writ petition was filed on Sept 11 nFWN3B202J

** Stock hits highest since Sept 11; rises for second straight day

** Around 1.1 mln shares change hands, 2.8 times their 30-day moving avg of 398,662 shares

** Stock down ~13% this year, as of last close

($1 = 83.2280 Indian rupees)

(Reporting by Archishma Iyer in Bengaluru)

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Sept 26 (Reuters) - Borosil Renewables Ltd BORO.NS:

• UPDATE ON INCOME TAX DEMAND NOTICE AND ASSESSMENT ORDER OF 195.3 MILLION RUPEES

• INDIAN COURT HAS QUASHED THE ORDER

Source text for Eikon: ID:nBSE1Gf4VG

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Aug 8 (Reuters) - Borosil Renewables Ltd BORO.NS:

• BOROSIL RENEWABLES LTD JUNE-QUARTER CONSOL NET LOSS 83.2 MILLION RUPEES VERSUS PROFIT 301.1 MILLION RUPEES

• BOROSIL RENEWABLES LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.54 BILLION RUPEES VERSUS 1.7 BILLION RUPEES

Source text for Eikon: ID:nBSE1gf3rJ

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** Shares of Borosil Renewables BORO.NS fall as much as 5.7% to 470 rupees, biggest pct loss since March 28

** Co reported a 75% drop in Q4 profit, hurt by a 34% rise in its total expenses

** Adds, rev from ops rose 5% to 1.88 bln rupees during the qtr

** More than 451,034 shares change hands by 10:15 a.m. IST vs 1.1x 30-day avg of 392,423 shares

** Analysts covering the stock on average have a "buy" rating; median PT is 529 rupees - Refinitiv data

** Stock down 2% YTD up to last close

($1 = 82.7481 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

May 24 (Reuters) - Borosil Renewables Ltd BORO.NS:

• INDIA'S BOROSIL RENEWABLES MARCH-QUARTER PROFIT 116.9 MILLION RUPEES VERSUS 463.8 MILLION RUPEES

• BOROSIL RENEWABLES MARCH-QUARTER REVENUE FROM OPERATIONS 1.88 BILLION RUPEES VERSUS 1.79 BILLION RUPEES

• BOROSIL RENEWABLES LTD - APPROVED FUND RAISE OF UPTO 11 BILLION RUPEES

Source text for Eikon: ID:nBSE7vyMpx

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** Shares of scientific and industrial products maker Borosil Ltd BORS.NS fall as much as 7.5% to 381 rupees, their lowest level since April 18

** Stock posts steepest intraday pct fall since Dec 23, 2022

** Co reported a 35.9% YoY decline in Q4 consolidated net profit to 220.9 mln rupees ($2.7 mln); revenue rose 17.7% to 2.59 bln rupees

** Total expenses rose 24.9% to 2.36 bln rupees on an 8.7% increase in cost of materials consumed

** Over 346,000 shares change hands, 3.7X the 30-day moving average

** Stock up 12.9% YTD, as of last close

($1 = 81.7800 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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May 19 (Reuters) - Borosil Renewables Ltd BORO.NS:

• TO CONSIDER SEEKING SHAREHOLDERS' APPROVAL FOR RAISING FUNDS

Source text for Eikon: ID:nBSE5V09Rl

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May 8 (Reuters) - Borosil Renewables Ltd BORO.NS:

• MODIFICATION AND COLD REPAIR OF FURNACE OF GMB HAS BEEN COMPLETED AND PRODUCTION HAS RESUMED

• LIFE EXPECTANCY OF FURNACE HAS INCREASED AFTER REPAIR

• PRODUCTION CAPACITY OF GMB HAS ALSO INCREASED FROM 300 TPD TO 350 TPD

• EXPECTED THAT FURNACE WILL GRADUALLY ACHIEVE DESIRED LEVEL OF OUTPUT

• MODIFICATION LIKELY TO RESULT IN SUBSTANTIAL SAVINGS OF ENERGY CONSUMPTION IN PROCESS

Source text for Eikon: ID:nBSE120mzJ

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