APPROVED CHANGE OF REGISTERED OFFICE FROM STATE OF MAHARASHTRA TO STATE OF GUJARAT, SUBJECT TO APPROVAL OF MEMBERS IN EGM
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Yash Trading and Finance Limited's board approved shifting its registered office from Maharashtra to Gujarat, subject to shareholder approval at an EGM scheduled for March 18, 2026. Alongside, the board also approved renaming the company to 'Lexora Global Limited' and expanding its main object clause to include renewable energy (solar, wind, power generation) business. The board was significantly restructured: Mr. Vinubhai Vekaria (40+ years experience in auto, manufacturing, and infrastructure) was appointed as new Chairman & Managing Director, while several outgoing directors — including the prior MD & CFO Vishvajitsinh Jadeja, Company Secretary Kavita Chhajer, and two Independent Directors — resigned citing personal/professional reasons. Mr. Alakh Mangroliya was appointed Executive Director and CFO. For Q3 FY26 (ended Dec 31, 2025), standalone operations showed essentially no revenue and a loss of Rs 5.29 lakhs. On a consolidated basis (with new subsidiary Solarfusion Renewables), revenue was Rs 40.38 lakhs for the quarter and Rs 66.97 lakhs for nine months, turning consolidated profit after tax positive at Rs 0.42 lakhs for the quarter versus a loss of Rs 5.24 lakhs a year earlier. Limited review by auditor Bhatter & Company drew no qualifications.
This is a major corporate restructuring — the company is rebranding to Lexora Global, shifting base to Gujarat, overhauling top leadership, and pivoting toward a renewable energy business line. All key changes still need shareholder approval at the March 18 EGM. Investors should watch for EGM voting outcome and execution of the renewable energy plan, as standalone operations remain loss-making with negligible revenue.