Yogi Limited Secures Rs. 37.54 Crore in Domestic Purchase Orders

1 min read     Updated on 25 Sept 2025, 05:55 PM
scanx
Reviewed by
Naman SharmaScanX News Team
whatsapptwittershare
Overview

Yogi Limited has received domestic purchase orders worth Rs. 37.54 crore from Companion Vinimay Trading Private Limited. The orders are for two complete sets of industrial components including Structure Assembly, Head Assembly, Rotary Table & Electrical Accessories, Tools Changer & Additional Axis, and Accessories. The execution time is approximately 15 days. This acquisition represents an expansion of Yogi Limited's domestic client base and is expected to positively impact the company's revenue. The company has disclosed this information to BSE Limited in compliance with SEBI regulations, confirming that it's not a related party transaction.

20348752

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

Yogi Limited has announced a significant boost to its order book, securing domestic purchase orders worth Rs. 37.54 crore. The company, known for its industrial equipment manufacturing, has received these orders from new domestic clients, marking an expansion of its business portfolio.

Order Details

The purchase orders, received from Companion Vinimay Trading Private Limited, encompass the supply and delivery of various industrial components:

  1. Structure Assembly
  2. Head Assembly
  3. Rotary Table & Electrical Accessories
  4. Tools Changer & Additional Axis
  5. Accessories

Key Highlights of the Order

Aspect Details
Order Value Rs. 37.54 crore (excluding all taxes)
Execution Time Approximately 15 days
Client Companion Vinimay Trading Private Limited (domestic entity)
Nature of Order Purchase Order for two complete sets of industrial components

Impact and Implications

This new business acquisition is significant for Yogi Limited as it represents an expansion of its client base within the domestic market. The substantial order value of Rs. 37.54 crore is likely to have a positive impact on the company's revenue.

Company Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Yogi Limited has formally disclosed the details of these purchase orders to the BSE Limited. The company has confirmed that the orders do not fall under related party transactions, and the promoter/promoter group has no interest in the entity awarding the contract.

Looking Ahead

As Yogi Limited prepares to fulfill these orders, investors and market watchers will be keen to observe the impact on the company's financial performance. The management of Yogi Limited, led by Managing Director Ghanshyambhai Nanjibhai Patel, appears to be focusing on expanding the company's domestic client base and securing high-value orders, which could potentially drive future growth and market position.

Historical Stock Returns for Yogi

1 Day5 Days1 Month6 Months1 Year5 Years
-0.35%-2.27%-9.41%+54.63%+201.15%+1,054.11%

Yogi Limited Board Approves Key Appointments and Significant Financial Limit Increases

2 min read     Updated on 12 Aug 2025, 06:17 PM
scanx
Reviewed by
Suketu GalaScanX News Team
whatsapptwittershare
Overview

Yogi Limited's Board of Directors has made several key decisions, including board appointments, auditor changes, and significant increases in financial limits. The company re-appointed Mr. Parth Shashikant Kakadiya as a director and appointed new secretarial, statutory, and internal auditors. Financial limits for loans, investments, guarantees, and borrowings were increased from Rs. 100 crore to Rs. 500 crore, subject to shareholder approval. Yogi Limited also approved the acquisition of a 100% stake in Yogi Homes Private Limited for Rs. 3.00 crores and approved material related party transactions totaling up to Rs. 265.00 crores annually with six entities. The Board approved revisions in remuneration for key management personnel and finalized plans for the 33rd Annual General Meeting.

16548426

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

Yogi Limited , a prominent player in the real estate and construction sector, has announced a series of strategic decisions following its Board of Directors meeting on August 12, 2025. The company has made several key appointments and approved substantial increases in financial limits, signaling a robust growth strategy.

Board Appointments and Auditor Changes

The Board has re-appointed Mr. Parth Shashikant Kakadiya as a director, who was due to retire by rotation. Mr. Kakadiya brings over 11 years of experience in the diamond retail and designing business to his role.

In a move to strengthen its auditing framework, Yogi Limited has appointed new auditors across various functions:

  • M/s. Nishant Bajaj & Associates, a peer-reviewed practicing company secretary firm, has been appointed as the Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30.
  • M/s. G.K. Choksi & Co., Chartered Accountants, will serve as the Statutory Auditor for five years until 2030-31.
  • M/s. Mohan L Gupta & Associates, Chartered Accountants, have been named as the Internal Auditor for FY 2025-26.

Significant Increase in Financial Limits

The Board has approved substantial increases in various financial limits, subject to shareholder approval:

Limit Type Old Limit New Limit
Granting loans, making investments, and providing guarantees (Section 186) Rs. 100 crore Rs. 500 crore
Loans, investments, guarantees, or security (Section 185) Rs. 50 crore Rs. 500 crore
Selling, leasing, or disposing of assets and creating charges Rs. 100 crore Rs. 500 crore
Borrowing limit (Section 180(1)(c)) Rs. 100 crore Rs. 500 crore

These significant increases in financial limits indicate Yogi Limited's ambitious plans for expansion and investment in the coming years.

Strategic Acquisition and Related Party Transactions

In a notable move, Yogi Limited has approved the acquisition of a 100% stake in Yogi Homes Private Limited for approximately Rs. 3.00 crores. This acquisition will make Yogi Homes Private Limited a wholly-owned subsidiary of Yogi Limited, potentially strengthening the company's position in the real estate sector.

The Board has also approved material related party transactions with six entities, totaling up to Rs. 265.00 crores annually. These transactions include arrangements with Farewell Real Estate Private Limited, Yogi Homes Private Limited, Yogi Elitemach Private Limited, Yogi Horizons LLP, Yogi Star LLP, and Yogi Realtors LLP.

Management Remuneration and Annual General Meeting

The Board has approved revisions in the remuneration of key management personnel, including Mr. Ghanshyambhai Nanjibhai Patel, Managing Director, and Mr. Pareshbhai Nanjibhai Patel, Whole Time Director, subject to member approval.

Additionally, the company has finalized plans for its 33rd Annual General Meeting, including setting the date, time, and venue, as well as fixing the book closure date.

These comprehensive decisions reflect Yogi Limited's strategic vision for growth and expansion in the real estate and construction sector. Shareholders will be keenly watching as these proposals come up for approval at the upcoming Annual General Meeting.

Historical Stock Returns for Yogi

1 Day5 Days1 Month6 Months1 Year5 Years
-0.35%-2.27%-9.41%+54.63%+201.15%+1,054.11%
More News on Yogi
Explore Other Articles
170.00
-0.60
(-0.35%)