Yasho Industries Limited — Board Meeting, 18-12-2024: Outcome of Board Meeting

The Board of Directors has approved the issuance of up to 6,57,895 fully paid-up equity shares at ₹1,900 per share, totaling ₹125 Cr, on a preferential basis. The shares will be allotted to Malabar India Fund Limited, Ashoka India Equity Investment Trust PLC, and WhiteOak Capital ELSS Tax Saver Mutual Fund, pending shareholder approval. In addition, the Board appointed National Securities Depository Limited as the remote e-voting agency and approved the notice for an Extraordinary General Meeting (EGM) to seek member approval for this issuance.