Yogi Limited Transitions Manufacturing and Trading Operations to New Wholly-Owned Subsidiary Yogi Elitemach Private Limited

Yogi Limited, a company based in Mumbai, has announced the incorporation of a new Wholly-Owned Subsidiary (WOS) named 'Yogi Elitemach Private Limited'. The new subsidiary, which was incorporated on 08th March, 2025, will take over the manufacturing and trading operations of Yogi Limited. This move will allow Yogi Limited to focus more on real estate development. Yogi Elitemach Private Limited is a related party, being a WOS of Yogi Limited. The subsidiary has an authorized capital of Rs. 10,00,000/- divided into 1,00,000 equity shares of Rs. 10/- each, with a paid-up capital of the same amount. The subsidiary's manufacturing and trading operations will commence from its date of incorporation. The acquisition was done in cash, at face value per share. Yogi Limited has subscribed to 100% of the initial paid-up capital of the subsidiary.