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YOGI LtdBoard Meeting, 07-04-2025: Please find the attached Outcome of Board Meeting

07-04-2025 · 04:23 pm

Yogi Limited has announced a board meeting for the allotment of 22,00,000 equity shares upon the conversion of convertible warrants. This allotment increases the paid-up equity share capital to Rs. 43.16 crore, resulting in the issuance of new shares fully paid up at Rs. 10 each. The majority shareholding now belongs to Mr. Tirth Ghanshyam Patel, who has raised his stake from 5.29% to 10.12%. This share conversion could enhance liquidity and broaden the shareholder base, signaling a positive outlook for investor sentiment, although potential risks related to dilution should be monitored.

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