ENCLOSED HEREWEITH DETAILS UNDER ANNEXURE-II
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Yash Trading and Finance Limited (BSE: 512345) on February 14, 2026 approved a sweeping transformation of the company. Key decisions include changing the company name to 'Lexora Global Limited', shifting the registered office from Mumbai (Maharashtra) to Gujarat, and altering the objects clause to focus on renewable energy, solar power, and power generation. The entire board was reconstituted: Managing Director and CFO Vishvajitsinh Jadeja, Company Secretary Kavita Chhajer, and two independent directors resigned, while six new directors were appointed, including Vinubhai Vekaria as the new Chairman & Managing Director. On the financial front, consolidated revenue for Q3 FY26 stood at ₹403.84 lakhs (up from ₹265.89 lakhs in Q2 FY26), with a quarterly loss of ₹5.29 lakhs; for the 9-month period, the company reported a profit of ₹15.72 lakhs versus a loss of ₹15.29 lakhs in the prior year. Standalone operations continue to show negligible revenue, with all business activity coming from its subsidiary Solarfusion Renewables Pvt. Ltd. An EGM is scheduled for March 18, 2026 to seek shareholder approval.
This is a near-complete corporate reset — new name, new business focus (renewable energy), new management team, and a new state of registration. For shareholders, the shift to a renewable energy-focused entity through the Solarfusion subsidiary could open a new growth chapter, but execution risk is high given the wholesale leadership change, the company's small scale (consolidated revenue under ₹7 crore for 9 months), and the standalone entity's continued lack of operations. Investors should watch the EGM outcome and the next few quarters to assess whether the new management can scale the solar business profitably.