Yash Trading & Finance Ltd

📈 Yash Trading & Finance Ltd Announces Capital Expansion & UAE Subsidiary

- Board approved an increase in authorized share capital from Rs. 10 crore (1 crore shares of Rs. 10 each) to Rs. 40 crore (4 crore shares of Rs. 10 each), subject to shareholder approval.

- Approved a rights issue to raise up to Rs. 50 crore by issuing equity shares to eligible shareholders, with terms to be finalized later.

- Authorized creation of charges/mortgages on company assets up to Rs. 500 crore, subject to shareholder approval.

- Increased borrowing powers under Section 180(1)(c) of the Companies Act, 2013 to Rs. 500 crore, subject to shareholder approval.

- Enhanced limits for investments, loans, and guarantees under Section 186 of the Companies Act, 2013 to Rs. 500 crore, subject to shareholder approval.

- Appointed Mr. Ajay Kumar Agrawal as Company Secretary & Compliance Officer effective April 4, 2026.

- Approved incorporation of a wholly owned subsidiary in the United Arab Emirates.

- Adopted a new Memorandum of Association and approved a share split of 10:1 (from Rs. 10 to Rs. 1 per share) to improve liquidity.

- Changed corporate office address to Rajkot, Gujarat, effective April 4, 2026.

- Scheduled an Extraordinary General Meeting on May 2, 2026, to seek shareholder approvals for key proposals.