Yash Innoventures Limited has initiated a postal ballot and e-voting process to seek shareholder approval for major financial decisions approved by its board on March 2, 2026. The company is conducting the voting process from March 06 to April 04, 2026, for resolutions involving enhanced borrowing powers and significant loan authorizations totaling Rs 325 crores.

Postal Ballot and E-Voting Schedule

The company has commenced its postal ballot process with comprehensive e-voting facilities for shareholders:

Enhanced Borrowing Powers and Investment Authorization

The board has approved substantial enhancements to the company's financial capabilities, requiring shareholder consent through special resolutions:

Specific Loan Approvals Under Postal Ballot

Shareholders will vote on two major loan facilities that demonstrate the company's strategic lending focus:

CVM Industrial Park LLP Loan

The first resolution seeks approval for a related party transaction involving a loan to CVM Industrial Park LLP:

Prime Financials & Co. Loan

The second loan facility requires shareholder approval under Section 186 provisions:

E-Voting Process and Compliance

The company has engaged Central Depository Services Limited (CDSL) to provide e-voting facilities through their portal at www.evotingindia.com . The postal ballot notice has been dispatched to shareholders with comprehensive voting instructions and compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Shareholders can participate through either postal ballot or e-voting, with e-voting taking precedence if both methods are used. The process ensures compliance with Sections 108 and 110 of the Companies Act, 2013, and related rules for conducting postal ballots with electronic voting facilities.

Yash Innoventures Limited's promoter group has disclosed a substantial reduction in their shareholding through open market transactions. Mr. Gnanesh Rajendrabhai Bhagat, along with persons acting in concert, sold 506774 equity shares on February 26, 2026, marking a significant change in the company's ownership structure.

Transaction Details

The share sale transaction involved multiple members of the promoter group acting in concert with Mr. Gnanesh Rajendrabhai Bhagat. The persons acting in concert include Angana Gnanesh Bhagat, Vikram Dahyabhai Bhagat, Hansaben Rajendrabhai Bhagat, and Twisha Gnaneshbhai Bhagat.

Shareholding Changes

The transaction resulted in a notable shift in the promoter group's ownership stake in the company. Prior to this sale, the promoter group held a commanding majority in Yash Innoventures Limited.

Company Capital Structure

Yash Innoventures Limited maintains a stable equity share capital structure throughout this transaction. The company's total equity share capital remains unchanged at 1,60,29,950 equity shares of Rs. 10/- each, aggregating to an equity share capital of Rs. 16,02,99,500/-.

Regulatory Compliance

The disclosure was filed with BSE Limited on February 28, 2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's shares are listed on BSE with scrip code 523650. The promoter group confirmed that no shares were encumbered through pledge, lien, or non-disposal undertaking before or after the transaction.

Key Highlights

• No encumbrance on shares before or after the transaction
• No voting rights acquired or sold otherwise than by shares
• No warrants or convertible securities involved in the transaction
• Transaction completed entirely through open market operations

Despite the reduction, the promoter group continues to maintain majority control with 67.98% shareholding in Yash Innoventures Limited. The transaction reflects the promoter group's strategic decision to partially monetize their investment while retaining significant control over the company's operations.