Yash Highvoltage Limited, a Vadodara-based manufacturer of transformer bushings and an ISO 9001:2015 certified company, has allotted 12,62,131 equity shares and 8,32,177 equity warrants on a preferential basis to identified non-promoter investors at an issue price of ₹721 per security. The Board of Directors approved the allotment through a resolution passed by circulation on August 6, 2026, following a Special Resolution passed by members at the Extra-ordinary General Meeting held on July 15, 2026, and in-principle approval granted by BSE Limited vide its letter dated July 31, 2026.

Allotment Details

The preferential allotment covers two categories of securities — equity shares and equity warrants — both issued at ₹721 per unit, including a premium of ₹716 per unit over the face value of ₹5 each. The total aggregate consideration for the issuance amounts to ₹150,99,96,068. The following table summarises the key parameters of the allotment:

Warrant Conversion Terms

Each equity warrant allotted is convertible into or exchangeable for one fully paid-up equity share of the company having a face value of ₹5 each. The conversion can be exercised at any time within a period of 18 months from the date of allotment, in one or more tranches. Under the terms of the issuance, 25% of the consideration per warrant is payable at the time of application, with the balance 75% — amounting to ₹721 per warrant — payable on or before the time of conversion into equity shares.

Allottee Details

The allotment has been made to 13 investors, all belonging to the non-promoter category. Twelve investors received equity shares while one investor received equity warrants. The following table provides the complete breakdown of allottees and their respective allocations:

Listing and Compliance

The allotment has been made in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the provisions of the Companies Act, 2013. Yash Highvoltage has stated that it will make an application to the stock exchanges for listing and trading approval for the allotted equity shares in due course. The disclosure has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto.

Yash Highvoltage has recommended a final dividend of ₹1.40 per equity share for the financial year ended March 31, 2026, signaling continued capital returns to shareholders. The Board of Directors approved the payout during a meeting held on August 3, 2026, setting the record date for eligibility as August 27, 2026. This recommendation represents a 28% dividend yield on the face value of ₹5 per share and is contingent upon approval by shareholders at the ensuing Annual General Meeting.

In addition to the dividend declaration, the Board approved the allotment of 15,500 equity shares pursuant to the exercise of vested Employee Stock Options under the Yash Highvoltage Employee Stock Option Scheme 2025. The company realized ₹77,500 from the exercise of these options. Consequently, the issued, subscribed, and paid-up equity share capital increased from ₹14,30,50,245 (2,86,10,049 shares) to ₹14,31,27,745 (2,86,25,549 shares). The new shares rank pari-passu with existing equity shares.

Dividend and Capital Details

The following table outlines the key financial parameters of the dividend recommendation and the recent ESOP allotment:

Corporate Governance Updates

The Board also appointed Mr. Kashyap Shah & Co., Practicing Company Secretary (FCS:7662 and COP:6672), as the Scrutinizer for the company’s 24th Annual General Meeting. Furthermore, the Board approved the shifting of the corporate office within the same premises in Vadodara. Effective September 1, 2026, the office will move from the 6th Floor to the 2nd Floor (201-202) of the Ozone Complex, Sarabhai Compound, Dr. Vikram Sarabhai Marg, Subhanpura, Vadodara.

Regulatory Compliance

The disclosures were made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The ESOP allotment details comply with SEBI Master Circular bearing reference no. HO/49/14/14(7)/2025-CFD-PoD 2/P/CIR/2026/16 dated January 30, 2026, and Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The Board also considered and approved the Board’s Report and annexures under Section 134(3) of the Companies Act, 2013, for FY26.