Yuken India Bolsters Promoter Stake with 584,000 Equity Share Allotment

1 min read     Updated on 01 Aug 2025, 03:34 PM
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Overview

Yuken India Limited has allotted 584,000 equity shares on a preferential basis to its promoter, Yuken Kogyo Company Limited. The disclosure was made on August 1, 2025, in compliance with SEBI regulations. The move is expected to increase the promoter's stake in the company. H M Narasinga Rao, CFO of Yuken India, signed the regulatory filing submitted to both NSE and BSE.

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*this image is generated using AI for illustrative purposes only.

Yuken India Limited , a prominent manufacturer of oil hydraulic equipment, has made a significant move to strengthen its promoter holding. The company has allotted 584,000 equity shares on a preferential basis to Yuken Kogyo Company Limited, one of its key promoters. This development was disclosed on August 1, 2025, in compliance with the Securities and Exchange Board of India (SEBI) regulations governing substantial acquisition of shares and takeovers.

Details of the Allotment

The preferential allotment of 584,000 equity shares to Yuken Kogyo Company Limited marks a notable change in the company's shareholding structure. This move is likely to increase the promoter's stake in Yuken India Limited, potentially affecting the overall ownership dynamics of the company.

Regulatory Compliance

In adherence to regulatory requirements, Yuken India Limited promptly submitted the disclosure to both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, highlighting the company's commitment to transparency and regulatory compliance.

Management Statement

H M Narasinga Rao, the Chief Financial Officer of Yuken India Limited, signed off on the regulatory filing, ensuring that all necessary information was communicated to the stock exchanges and, by extension, to the company's shareholders and the investing public.

About Yuken India Limited

Yuken India Limited, operating in collaboration with Yuken Kogyo Co. Ltd., Japan, is an ISO 9001:2015 certified company specializing in the manufacture of oil hydraulic equipment. The company's registered office is located in Bengaluru, with its factory situated in Kolar District, Karnataka.

This preferential allotment underscores the continued confidence of the promoter group in Yuken India's business prospects and may be seen as a positive signal by the market. Investors and stakeholders will likely be keen to observe how this development impacts the company's future strategies and market position in the oil hydraulic equipment sector.

Historical Stock Returns for Yuken

1 Day5 Days1 Month6 Months1 Year5 Years
+0.18%+0.34%-0.36%+30.49%-22.66%+62.77%

Yuken India Appoints New Company Secretary and Boosts Promoter Stake through Preferential Allotment

1 min read     Updated on 31 Jul 2025, 11:22 AM
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Overview

Yuken India Limited has made two significant corporate announcements. Firstly, Mr. Suhas H M has been appointed as the new Company Secretary & Compliance Officer, effective July 31, 2025. Secondly, the company has allotted 584,000 equity shares to its promoter, Yuken Kogyo Company Limited, at ₹1,026.00 per share. This preferential allotment increases the company's paid-up capital from ₹13.00 crore to ₹13.58 crore and raises the promoter's shareholding from 56.16% to 58.04%. The allotment has received necessary shareholder and regulatory approvals.

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*this image is generated using AI for illustrative purposes only.

Yuken India Limited , a manufacturer of oil hydraulic equipment, has announced significant corporate changes, including a key appointment and a preferential share allotment to its promoter.

New Company Secretary Appointment

The Board of Directors of Yuken India Limited has appointed Mr. Suhas H M as the new Company Secretary & Compliance Officer, effective July 31, 2025. Mr. Suhas, an Associate Member of the Institute of Company Secretaries of India, brings his expertise to this key managerial position. He holds a bachelor's degree in commerce, adding to his qualifications for the role.

Preferential Allotment to Promoter

In a move that strengthens the promoter's stake, Yuken India's Board has approved the allotment of 584,000 equity shares on a preferential basis to its promoter, Yuken Kogyo Company Limited. The shares were issued at ₹1,026.00 per share, which includes a premium of ₹1,016.00 per share.

Impact on Share Capital and Promoter Holding

This strategic allotment has several implications for Yuken India's capital structure:

  1. Increased Paid-up Capital: The company's paid-up capital has risen from ₹13.00 crore to ₹13.58 crore.
  2. Enhanced Promoter Shareholding: Following the allotment, the promoter's shareholding has increased from 56.16% to 58.04%.

Regulatory Approvals and Compliance

Yuken India has ensured compliance with regulatory requirements for this preferential allotment:

  • Shareholder approval was obtained on June 27, 2025, through a postal ballot.
  • In-principle approvals were received from both BSE Limited and the National Stock Exchange of India Limited on July 18, 2025.

Share Details and Parity

The newly allotted equity shares will rank pari-passu with the existing equity shares of the company in all respects, including dividend payments and voting rights.

Yuken India Limited, operating in collaboration with Yuken Kogyo Co. Ltd., Japan, continues to strengthen its position in the oil hydraulic equipment manufacturing sector. These recent developments demonstrate the company's commitment to enhancing its corporate governance and reinforcing its ownership structure.

Historical Stock Returns for Yuken

1 Day5 Days1 Month6 Months1 Year5 Years
+0.18%+0.34%-0.36%+30.49%-22.66%+62.77%
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