YASH Trading and Finance Limited announced comprehensive board decisions following its meeting held on February 14, 2026, encompassing financial results approval, significant leadership restructuring, and major corporate transformation initiatives under Regulations 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance for Q3FY26

The company's board approved unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The consolidated financial performance showed notable developments:

The standalone results reflected a net loss of ₹3.80 lakhs for Q3FY26 with minimal revenue generation during the quarter. The board meeting was conducted in hybrid mode at 6:00 PM and concluded at 7:30 PM.

Major Leadership Appointments

The board approved multiple key appointments to strengthen the company's leadership structure:

Executive Leadership

Independent Directors

Mr. Vinubhai Vekaria brings over 40 years of industrial experience in automobile, manufacturing, and infrastructure sectors, with particular expertise in renewable energy projects. Mr. Alakh Mangroliya will also serve as Chief Financial Officer effective February 16, 2026.

Leadership Resignations

The board accepted multiple resignations effective February 16, 2026:

Corporate Restructuring Initiatives

The board approved significant corporate transformation plans, subject to shareholder approval:

Business Expansion

The company approved alteration of its Memorandum of Association to include renewable energy business activities, encompassing:

• Power generation from various sources including solar, wind, and other renewable energy
• Establishment and operation of power plants, wind turbines, and solar facilities
• Maintenance and modernization of renewable energy projects
• Manufacturing and installation of power generation equipment

Corporate Identity Changes

Board Committee Reconstitution

The company reconstituted its board committees with new leadership:

Audit Committee: Mr. Chandresh Chhaganbhai Kyada (Chairperson), Mrs. Riddhi Ankit Virpariya, Mr. Shitalbhai Mohanbhai Patel, and Mr. Alakh Vasantbhai Mangroliya as members.

Nomination and Remuneration Committee: Mr. Shitalbhai Mohanbhai Patel (Chairperson), with Mr. Chandresh Chhaganbhai Kyada and Mrs. Riddhi Ankit Virpariya as members.

Stakeholder Relationship Committee: Mr. Chandresh Chhaganbhai Kyada (Chairperson), with Mrs. Riddhi Ankit Virpariya, Mr. Shitalbhai Mohanbhai Patel, and Mr. Vinubhai Nanjibhai Vekaria as members.

Extraordinary General Meeting

The board approved convening an Extraordinary General Meeting on March 18, 2026, to seek shareholder approval for the proposed changes. Purva Sharegistry (India) Pvt Ltd has been appointed to provide video conferencing facilities and e-voting services, with Mrs. Mayuri Jain appointed as scrutinizer for the voting process.

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.