Enclosed herewith Announcement under Reg 30 of SEBI (LODR) Reg, 2015 as Annexure-II
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Yash Trading and Finance Limited (to be renamed Lexora Global Limited) held a board meeting on 14 February 2026 that approved unaudited Q3 and 9M FY26 results, a sweeping leadership overhaul, and a strategic shift into renewable energy. On a consolidated basis, revenue for the nine months ended December 2025 jumped to Rs. 669.73 lakhs from nil in the prior year period, with a swing to a profit of Rs. 13.72 lakhs versus a loss of Rs. 15.24 lakhs earlier, driven by subsidiary Solarfusion Renewables Pvt. Ltd. Standalone results, however, remain weak with negligible revenue and a loss of Rs. 5.24 lakhs for 9M FY26. The board appointed a new Chairman & Managing Director (Vinubhai Vekaria), two new Executive Directors, a new CFO (Alakh Mangroliya), and two new Independent Directors, while accepting resignations from the outgoing MD/CFO, two Independent Directors, and the Company Secretary. The board also approved altering the objects clause to enter solar, wind and renewable power businesses, changing the company name to Lexora Global Limited, and shifting the registered office from Maharashtra to Gujarat, subject to shareholder approval at an EGM scheduled for 18 March 2026.
This filing signals a near-complete corporate transformation of a previously dormant trading/finance shell into a renewable energy-focused entity under entirely new leadership. Consolidated numbers show strong initial revenue traction and a turnaround to profit, which is positive, but standalone losses, the simultaneous exit of nearly all prior board members, and reliance on a single new subsidiary raise near-term governance and execution risks that retail investors should weigh carefully.