Yash Trading & Finance Ltd — Important, 04-04-2026: Company Update
04-04-2026 | 04:19 pm
04-04-2026 | 04:19 pm
The company's Board of Directors has approved several key initiatives, pending shareholder consent. These include increasing authorized share capital from 10 Crore to 40 Crore and planning a rights issue to raise up to 50 Crore. To enhance liquidity and affordability for retail investors, a 1:10 share split was approved, converting each Rs. 10 share into ten Rs. 1 shares. The board also enabled creating charges up to 500 Crore and increased borrowing and investment limits to 500 Crore each. Strategic moves include incorporating a wholly-owned UAE subsidiary and diversifying into agro/food products. An EGM will be held for these approvals, and Mr. Ajay Kumar Agrawal was appointed Company Secretary.
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