Yash Trading & Finance Ltd — Important, 04-04-2026: Company Update
04-04-2026 | 04:25 pm
04-04-2026 | 04:25 pm
The company has announced a board meeting where it approved a significant overhaul, pending shareholder approval. Key decisions include increasing authorized capital from ₹10 Cr to ₹40 Cr and raising up to ₹50 Cr via a rights issue. The board also seeks shareholder consent to enhance borrowing and investment limits to ₹500 Cr each, and to create charges up to ₹500 Cr. A 1:10 stock split (₹10 to ₹1) was approved to boost liquidity. Additionally, the company will form a wholly-owned subsidiary in UAE, change its corporate office, and amend its main business objects to include agro/food products. Mr. Ajay Kumar Agrawal was appointed Company Secretary.
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