StockWatch
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Diversified Commercial Services
Auditor13 Jun 2026, 04:21 pm

Yash Innoventures Re-appoints Jignesh Dave as Internal Auditor

AI Summary

Yash Innoventures Limited's Board of Directors has approved the re-appointment of Mr. Jignesh Dave as the Internal Auditor for the Financial Year 2026-27. The board meeting, held on June 13, 2026, also approved accepting unsecured loans up to ₹10 crore from the Managing Director, Mr. Gnanesh Rajendrabhai Bhagat, at an 8% annual interest rate, to meet working capital and operational needs. The loan is unsecured and repayable based on available funds and mutual agreement.

Key Highlights

  • Mr. Jignesh Dave re-appointed as Internal Auditor for FY 2026-27.
  • Board approved unsecured loan of up to ₹10 crore from MD.
  • Loan carries an interest rate of 8% per annum.
  • Funds to be used for working capital and operations.