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Yash Trading & Finance LtdUpdates, 09-04-2025: Company Update

09-04-2025 · 08:51 pm

Yash Trading and Finance Limited has announced a board meeting outcome where the Board approved the issuance of 70,00,000 equity shares on a preferential basis at Rs. 12 each, aimed at strengthening its capital structure. The board also decided to raise the authorized capital from Rs. 3 crore to Rs. 10 crore to accommodate this issue. Additionally, two independent directors, Himani Bhootra and Bharatkumar Suchak, have resigned effective from the same date. This restructuring could attract investor interest with a potential positive outlook on growth while the resignations may raise governance concerns. An Extra Ordinary General Meeting is scheduled for May 15, 2025, to discuss these changes.

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