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

09-04-2025 · 08:49 pm

Yash Trading and Finance Limited has announced a board meeting outcome, approving the issuance of 70,00,000 equity shares at ₹12 each through a preferential basis. This allotment will increase their capital base, paving the way for the acquisition of SolarFusion Renewables Private Limited, and enhance the shareholding structure, with significant ownership now apparent among key subscribers.

Furthermore, the board has accepted the resignations of two non-executive independent directors. The strategic moves signal a potential shift in governance and investor sentiment, which could be positive given the plans for growth through acquisitions. An extraordinary general meeting is scheduled for May 15, 2025, to discuss further measures.

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