Yasho Industries Limited, a company listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), has taken steps to reclassify certain members of its promoter group as public shareholders. This move, detailed in a regulatory filing dated November 11, 2025, marks a significant corporate action for the company.

Reclassification Details

The company has applied for the reclassification of three individuals from the "Promoter Group Shareholder" category to the "Public Shareholder" category. This application has been submitted to both BSE and NSE under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The individuals and their respective shareholdings are as follows:

Implications and Next Steps

This reclassification, if approved, would result in a minor change in the company's shareholding structure, with a total of 0.08% of shares moving from the promoter group to the public category. It's important to note that this reclassification does not involve any change in the actual ownership of shares, but rather a change in how these shareholders are categorized.

The approval process for this reclassification will involve scrutiny by the stock exchanges to ensure compliance with all relevant regulations. Shareholders and investors should monitor further announcements from the company regarding the progress and outcome of this application.

Yasho Industries Limited, with its registered office in Mumbai, continues to operate under the leadership of its management team, with Rupali Verma serving as the Company Secretary & Compliance Officer.

This corporate action reflects the company's commitment to maintaining transparency in its shareholding structure and adhering to regulatory requirements. As the process unfolds, it may have implications for the company's governance structure and public float, albeit on a small scale given the percentage of shares involved.

Yasho Industries , a leading manufacturer of specialty chemicals, has announced its plans to expand production capacity to 26,000 tonnes per annum by FY27, focusing on niche specialty chemicals for rubber, lubricant, and aroma segments. This strategic move comes as the company reported a 10% year-on-year revenue growth for Q2, despite facing challenges in the global market.

Financial Highlights

• Revenue: ₹183.60 crore, up 9.6% year-on-year
• EBITDA margin: 18.20%, improved from previous quarter
• PAT margin: 2.65%, showing resilience in challenging conditions
• Volume growth: 26.5% year-on-year, indicating strong demand

Strategic Focus and Expansion Plans

Yasho Industries is strengthening its position in the specialty chemicals market with a clear focus on:

1. Capacity Expansion: Aiming to reach 26,000 TPA by FY27
2. Global Distribution: Enhancing its international network
3. R&D Investment: Driving product innovation
4. Export Growth: Targeting increased export share

The company's emphasis on niche specialty chemicals for rubber, lubricant, and aroma segments aligns with its goal to maintain EBITDA margins above 18%.

Performance Analysis

Despite facing pricing pressures and tariff-related challenges, particularly in the U.S. market, Yasho Industries demonstrated resilience with a 26.5% volume growth. The company's industrial business accounted for 86% of total revenue, while exports contributed 65% despite the challenging global scenario.

New Developments and Future Outlook

Yasho Industries has made significant strides in strengthening its market position:

1. Long-term Supply Agreement: Signed a 15-year contract for lubricant additives, expected to generate approximately ₹150 crore in annual revenue from FY27.
2. R&D Expansion: Inaugurated a new R&D laboratory at Pakhajan, enhancing innovation capabilities.
3. Operational Efficiency: Focus on cost discipline and operating efficiencies to maintain profitability.

Mr. Parag Jhaveri, Managing Director & CEO, commented, "We believe the demand softness has bottomed out. While tariff challenges persist, our diversification efforts, operational agility, and strong customer relationships position us well for recovery and sustainable growth."

The company remains focused on strengthening its balance sheet, improving working capital efficiency, and progressively reducing leverage. With increasing order visibility and operational ramp-up, Yasho Industries is confident of achieving strong growth.

As Yasho Industries navigates through global market challenges, its strategic expansion plans and focus on niche specialty chemicals position it well for future growth. Investors and industry observers will be keenly watching the company's progress towards its ambitious capacity expansion target and its ability to maintain strong margins in a competitive global market.