Investment22 Jun 2026, 08:20 pm
Yash Highvoltage Plans ₹151 Cr Preferential Issue for Expansion
AI Summary
Yash Highvoltage Limited announced its board has approved a preferential issue of equity shares and warrants aggregating up to ₹151 crore. The funds will be used to accelerate expansion and strengthen its presence in the Extra-High Voltage Transformer Bushings Segment, including expanding its Resin-Impregnated Paper (RIP) bushing manufacturing to the 550 kV category. The issue, priced at ₹721 per security, has attracted participation from institutional investors and family offices. This strategic move aims to enhance manufacturing capabilities, develop new products, and capitalize on the growing investments in India's power sector.
Key Highlights
- Yash Highvoltage to raise ₹151 crore via preferential issue.
- Funds to expand 550 kV RIP bushing manufacturing capacity.
- Issue price set at ₹721 per equity share/warrant.
- Investment targets infrastructure, technology, and market presence.
- Aims to capitalize on growth in India's power sector.
Price Impact
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