Yash Highvoltage Ltd

Yash Highvoltage Limited has announced an Extra Ordinary General Meeting (EOGM) to be held on July 15, 2026, via Video Conference. The primary agenda is to consider and approve the preferential issue of Equity Shares and Equity Warrants to certain non-promoter entities. The meeting will also address related matters. The cut-off date for determining eligibility for remote e-voting is July 8, 2026, with remote e-voting available from July 12 to July 14, 2026. The notice and explanatory statement are available on the company's website and the BSE website.

Negen Undiscovered Value Fund (NUVF) and YR Investment Opportunities Fund (YRIOF), managed by Negen Capital Services Private Limited, along with Director Neil Madan Bahal, have disclosed the sale of 6,49,000 equity shares, representing 2.27% of the total voting capital, in Yash Highvoltage Limited. The sale occurred through open market transactions between August 18, 2025, and June 17, 2026. Following the sale, their combined holding has reduced from 5.73% to 3.46%. The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

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.

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.

Yash Highvoltage Ltd has announced that its Board of Directors will convene on June 22, 2026, to consider and approve a proposal for fund raising. The fundraising could be through the issuance of equity shares, warrants, or other securities via a preferential issue or other permitted methods, subject to regulatory and shareholder approvals. If approved by the board, the company plans to seek shareholder approval through an Extraordinary General Meeting. The trading window for company insiders will be closed until 48 hours after the meeting's outcome is declared.

Yash Highvoltage Ltd. performed a "Vastu Pujan" ceremony at its new manufacturing facility in Suncity Industrial Park, Vadodara, marking progress in its expansion project. The facility, funded by IPO proceeds, will produce Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) transformer condenser graded bushings. Construction of the office building is complete, plant and machinery installation is ongoing, and major production equipment is being commissioned. Trial production is expected to commence in the second quarter of FY 2026-27.

Yash Highvoltage Ltd. has declared that their statutory auditor, M/s. Shah Mehta & Bakshi, Chartered Accountants, issued an audit report with an unmodified opinion on the standalone and consolidated audited financial results for the half year and year ended March 31, 2026. This declaration, made by CFO Sumit Poddar, complies with Regulation 33(3)(d) of the SEBI LODR Regulations, 2015.

Yash Highvoltage Ltd has submitted the auditor's report along with the audited standalone and consolidated financial results for the year ended March 31, 2026. The results were approved by the Board of Directors on May 13, 2026, and are available on the company's website. The auditor's report includes an opinion on the consolidated annual financial results, stating they present a true and fair view in accordance with Indian accounting standards.

Yash Highvoltage Ltd reports no deviation or variation in the utilization of proceeds from its Initial Public Offer (IPO) for the financial year ended March 31, 2026. This is in compliance with Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The IPO took place on December 19, 2024, raising ₹93.51 Crores. The audit committee reviewed the statement on May 13, 2026.

Yash Highvoltage Ltd reported its audited consolidated financial results for FY26. Total income rose to ₹240.9 crs, a 59% YoY growth. EBIDTA increased by 75% to ₹60.4 crs, and PAT also rose by 75% to ₹37.4 crs. The company achieved its highest-ever sales with 7,272 units. Strategic initiatives included the greenfield RIP/RIS manufacturing facility nearing completion, acquisition of Sukrut Electric, and expansion of international presence.