Board Meeting22 Jun 2026, 08:10 pm
Yash Highvoltage Plans ₹151 Cr Preferential Issue
AI Summary
Yash Highvoltage Limited's Board of Directors has approved a preferential issue to raise approximately ₹150.99 crore. The fundraising involves the issuance of up to 12,62,131 equity shares and 8,32,177 equity warrants at an issue price of ₹721 per security. These securities will be allotted to identified non-promoter persons for cash consideration. The company will convene an Extra-Ordinary General Meeting (EGM) on July 15, 2026, to seek shareholder approval for this preferential issue. The relevant date for the preferential issue under SEBI ICDR Regulations was June 15, 2026.
Key Highlights
- Board approves preferential issue to raise ₹150.99 crore.
- Issue includes equity shares and warrants at ₹721 each.
- Fundraising targets identified non-promoter investors.
- EGM scheduled for July 15, 2026, for shareholder approval.
- Issue is subject to necessary regulatory and shareholder approvals.
Price Impact
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