Announcement under Regulation 30 of SEBI LODR Regulation, 2015 - Amendment in Memorandum of Association.
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Yash Trading & Finance Limited held an Extraordinary General Meeting on March 18, 2026, where shareholders approved several major corporate changes. The company will rename itself to 'Lexora Global Limited' and shift its registered office from Mumbai (Maharashtra) to Gujarat. The Memorandum of Association has been amended to change its main business objects from trading and finance to power generation and renewable energy, including solar, wind, hydro, and thermal energy projects. Five new directors were also appointed, including Mr. Vinubhai Nanjibhai Vekaria as Chairman cum Managing Director and several Whole Time and Independent Directors. Out of 243 shareholders on the cut-off date, 11 attended the meeting via video conferencing.
This represents a significant business pivot from a trading and finance company to a renewable energy/power generation entity. Shareholders should note the new strategic direction, the complete board reshuffle, and the relocation to Gujarat. The name change and new business focus could attract a different investor base but also brings execution risk as the company transitions into a new sector.