Yash Trading & Finance Limited has announced a significant expansion into renewable energy through its subsidiary's strategic solar power project development. The company disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, that its wholly-owned subsidiary Solarfusion Renewables Pvt. Ltd has initiated development of a solar power project in partnership with Vasuki Cement Private Limited.

Project Structure and Investment

The solar power project will be implemented through two Special Purpose Vehicles (SPVs) with a total project size of Rs. 36.30 crores. The partnership structure demonstrates a strategic approach to renewable energy development:

Strategic Partnership Details

The agreement establishes a comprehensive framework for solar power generation and supply. Solarfusion Renewables will partner with Vasuki Cement Private Limited to develop and operate the solar facilities. The project aims to generate and supply solar power to Vasuki Cement under a long-term arrangement on captive/group captive basis.

The SPVs will be responsible for the complete project lifecycle including design, financing, construction, commissioning, operation and maintenance of the solar project. This comprehensive approach ensures end-to-end project management and operational efficiency.

Agreement Terms and Protections

The partnership agreement includes several key provisions to protect both parties and ensure project success:

Commissioning and Performance:

• Project commissioning deadline set for June 30, 2026
• Deemed generation compensation provisions for delays beyond scheduled date
• Relief mechanisms for delays due to circumstances beyond control

Operational Framework:

• Power supply at agreed tariff on per unit (kWh) basis
• Billing based on metered energy through approved meters
• Defined invoicing and payment cycles
• Long-term arrangement ensuring stable recurring revenue

Risk Management:

• Force Majeure provisions covering government actions, grid connectivity issues, and statutory approval delays
• Change in law provisions allowing relief for regulatory impacts
• Standard termination and dispute resolution mechanisms including arbitration

Business Impact and Strategic Value

This initiative represents Yash Trading & Finance's strategic entry into the renewable energy sector through its subsidiary. The project is expected to strengthen the company's renewable energy portfolio while providing stable recurring revenue streams. The long-term nature of the power supply arrangement offers predictable cash flows and supports the company's diversification strategy.

The company confirmed that Vasuki Cement Private Limited is not related to the promoter/promoter group or group companies, and the transaction does not fall within related party transactions. The agreement contains no conflict of interest provisions, ensuring transparent business operations.

Yash Trading & Finance Limited has submitted a comprehensive request to BSE Limited for updating its corporate information following recent management changes and operational restructuring. The company, through its Managing Director Vishvajitsinh Dilipsinh Jadeja, has outlined multiple updates requiring immediate reflection on the BSE Corporate Information portal.

Registered Office Relocation

The company has relocated its registered office following Board approval on 19/12/2024. The transition represents a significant operational change for the Mumbai-based financial services company.

Digital Infrastructure Updates

The company has modernized its digital presence with updated contact information and online platforms. These changes reflect the company's efforts to streamline communication channels with stakeholders.

Director Resignation

Mrs. Aakansha Vaid (DIN: 02796417) resigned from her directorship position effective 05/01/2026. The resignation has been properly disclosed under Regulation 30 of SEBI (LODR) regulations, with documentation already submitted to BSE.

Compliance and Documentation

The company has emphasized that all changes have been properly documented and disclosed according to regulatory requirements. The request includes supporting documentation such as Board meeting outcomes, resignation letters, and screenshots of current BSE portal information showing outdated details.

Managing Director Vishvajitsinh Dilipsinh Jadeja (DIN: 10989282) has requested BSE to expedite these updates to ensure accurate information dissemination to shareholders and the investing public. The company has specifically requested acknowledgment of receipt and confirmation once the updates are completed on the BSE Corporate Information portal.