Yash Highvoltage recommends ₹1.40 final dividend for FY26

1 min read     Updated on 03 Aug 2026, 09:32 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Yash Highvoltage Limited recommended a final dividend of ₹1.40 per share for FY26, with a record date of August 27, 2026. The Board also allotted 15,500 ESOP shares, raising total capital to ₹14.31 crore. The corporate office will shift floors in Vadodara effective September 1, 2026.

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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:

Parameter Detail
Final Dividend Per Share ₹1.40
Dividend Yield 28%
Face Value Per Share ₹5
Record Date August 27, 2026
ESOP Shares Allotted 15,500
Proceeds from ESOPs ₹77,500
Total Shares Post-Allotment 2,86,25,549

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.

Historical Stock Returns for Yash Highvoltage

1 Day5 Days1 Month6 Months1 Year5 Years
-0.55%-1.10%+5.09%+134.14%+64.04%+216.26%

How will the high 28% dividend yield on face value impact Yash Highvoltage's cash reserves and future capital expenditure plans for FY27?

What does the approval of the Board’s Report for FY26 reveal about the company's revenue growth trajectory and profitability margins?

Will the modest increase in share capital from ESOP exercises signal broader employee retention strategies or potential dilution concerns for existing shareholders?

Yash Highvoltage shareholders approve preferential issue

1 min read     Updated on 17 Jul 2026, 05:55 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Yash Highvoltage Limited secured shareholder approval to offer and issue equity shares and equity warrants on a preferential basis to certain non-promoter persons during an EOGM held on July 15, 2026. The resolution received 99.99% of votes in favour, with 17,900,245 votes cast for the proposal and 1,000 votes against it.

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Yash Highvoltage Limited secured shareholder approval to offer and issue equity shares and equity warrants on a preferential basis to certain non-promoter persons. The resolution was passed during an Extra-Ordinary General Meeting (EOGM) held on July 15, 2026, through video conferencing. The capital raise is intended to support the company's expansion and modernization plans, strengthen working capital, and enhance operational capabilities.

The meeting commenced at 05:04 P.M. IST and concluded at 05:16 P.M. IST. A total of 38 members representing 53.58% of equity shares attended the meeting through VC/OAVM. The requisite quorum was present, and the meeting was duly constituted. The voting rights were reckoned based on shares held as on the cut-off date of July 8, 2026.

Key Attendees

The proceedings were overseen by Keyur Girishchandra Shah, Chairman and Managing Director. Other directors and Key Managerial Personnel present included Suril Saumil Mehta, Hartmuth Udo Erich Fethke, Bhoomi Ketan Talati, Darshan Thakkar, Nirav Patel, and Gautam Nikam. M/s. Shah Mehta & Bakshi, Chartered Accountants, attended as Statutory Auditors, while M/s. Kashyap Shah & Co. attended as Secretarial Auditors.

Voting Details

Remote e-voting commenced at 09:00 A.M. IST on July 12, 2026, and concluded at 05:00 P.M. IST on July 14, 2026. E-voting during the meeting was also available for members who had not cast their votes prior. The scrutinizer for the process was CS Kashyap Shah from M/s. Kashyap Shah & Co. The results of the e-voting will be made available on the company's website and BSE Limited.

Resolution Passed

Resolution Description Outcome
To offer and issue Equity Shares and Equity Warrants on a Preferential Basis to certain non-promoter persons and other matters related thereto. Approved

The resolution received 99.99% of votes in favour, with 17,900,245 votes cast for the proposal and 1,000 votes against it. A total of 70 members participated in the remote e-voting process.

Historical Stock Returns for Yash Highvoltage

1 Day5 Days1 Month6 Months1 Year5 Years
-0.55%-1.10%+5.09%+134.14%+64.04%+216.26%

What specific expansion projects will the capital from the preferential allotment prioritize?

How will the dilution of equity from issuing shares to non-promoters impact existing shareholders?

What is the expected timeline for the utilization of funds and the realization of modernization goals?

More News on Yash Highvoltage

1 Year Returns:+64.04%