Board Meeting13 Jun 2026, 04:11 pm
Yash Innoventures: Board Approves ₹10 Cr Loan from MD, Reappoints Auditor
AI Summary
Yash Innoventures Limited's Board of Directors has approved accepting an unsecured loan of up to ₹10 crore from its Managing Director, Mr. Gnanesh Rajendrabhai Bhagat. The loan will carry an interest rate of 8% per annum and will be used for working capital, business operations, and general corporate purposes. The Board also approved the re-appointment of Mr. Jignesh Dave as the Internal Auditor for the Financial Year 2026-27. The meeting took place on June 13, 2026.
Key Highlights
- Company secures ₹10 Cr unsecured loan from MD at 8% interest.
- Loan proceeds to fund working capital and general corporate needs.
- Internal Auditor Mr. Jignesh Dave re-appointed for FY 2026-27.
- Board meeting held on June 13, 2026.
Price Impact
More from YASHINNO