Yogi Limited has completed the allotment of 18.40 lakh equity shares upon conversion of convertible warrants, with promoter group member Tirth Ghanshyam Patel filing mandatory regulatory disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The board meeting held on April 2, 2026, approved this significant capital expansion initiative at the company's registered office in Mumbai.

SEBI Regulatory Disclosure Filing

Tirth Ghanshyam Patel submitted the mandatory disclosure to BSE Limited under Regulation 29 of SEBI Takeover Regulations following the allotment of equity shares pursuant to warrant conversion. The filing provides comprehensive details of the substantial acquisition and its impact on shareholding patterns.

Share Allotment and Financial Impact

The company allotted 18.40 lakh equity shares of Rs. 10.00 each, fully paid up, pursuant to the conversion of an equal number of convertible warrants on a preferential basis. The allotment was made following the special resolution passed by shareholders on October 24, 2024, and the in-principle approval received from BSE Limited.

Shareholding Pattern Changes

The regulatory filing reveals detailed changes in Tirth Ghanshyam Patel's shareholding pattern before and after the acquisition. His shareholding percentage increased significantly following the warrant conversion.

Capital Structure Enhancement

Following this allotment, the company's capital structure reflects enhanced financial strength with expanded equity base. The newly issued equity shares rank pari-passu with existing equity shares, ensuring equal rights and privileges for all shareholders.

Persons Acting in Concert

The SEBI disclosure identifies other promoter group members acting in concert with the acquirer, including Mr. Ghanshyambhai Nanjibhai Patel and Mr. Pareshbhai Nanjibhai Patel. The conversion process adhered to regulatory requirements under SEBI (ICDR) Regulations, 2018, with 25% of the allotment price paid at subscription and remaining 75% paid upon exercising conversion rights.

Yogi Limited has received purchase orders worth ₹102.36 crore from Companion Vinimay Trading Private Limited for the supply of industrial equipment, the company announced in a regulatory filing under Regulation 30 of SEBI listing regulations.

Order Specifications

The company has secured four purchase orders for supplying one complete set per order of various industrial components. The orders encompass a comprehensive range of equipment including structure assembly, head assembly, rotary table and electrical accessories, tool changer and additional axis, and other accessories.

Equipment Portfolio

The purchase orders cover a diverse range of industrial equipment designed for manufacturing applications. The structure assembly and head assembly components form the core mechanical framework, while the rotary table and electrical accessories provide operational functionality. Additionally, the orders include tool changer and additional axis systems along with supporting accessories.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company confirmed that the orders do not involve any related party transactions and that promoter groups have no interest in the client entity. The orders include standard terms related to quality, delivery schedule, and pricing as mutually agreed by both parties.

Business Impact

This substantial order win demonstrates Yogi Limited's strong positioning in the industrial equipment sector and its ability to secure significant domestic contracts. The 15-day delivery timeline reflects the company's operational efficiency and manufacturing capabilities. The order value of ₹102.36 crore represents a significant business opportunity that could contribute meaningfully to the company's revenue performance.