ENCLOSED HEREWITH RESIGNATION OF VISHVAJIT JADEJA (DIN: 10989282) FROM POST OF DIRECTOR & MANAGING DIRECTOR
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Yash Trading and Finance Limited held a board meeting on Feb 14, 2026 approving multiple sweeping changes. The Managing Director and CFO, Mr. Vishvajitsinh Dilipsinh Jadeja, resigned from both posts effective Feb 16, 2026 citing other professional commitments, along with two Independent Directors (Akhil Nair and Amarendra Mohapatra) and the Company Secretary. A completely new leadership team was appointed in their place, with Mr. Vinubhai Vekaria as the new Chairman & Managing Director, Mr. Manan Trivedi and Mr. Alakh Mangroliya as Whole-Time Directors, and Mr. Mangroliya also taking over as CFO. Notably, all three new executive appointees are related to the promoter. The company also approved changing its name to 'Lexora Global Limited', shifting its registered office from Maharashtra to Gujarat, and altering its business object to include renewable energy (solar, wind, hydro) projects. The Q3 FY26 standalone results showed a loss of Rs. 5.29 lakh, while consolidated results showed a small loss of about Rs. 0.50 lakh on revenue of Rs. 26.75 lakh. An EGM is scheduled for March 18, 2026 to seek shareholder approval for these changes.
This is effectively a major transformation and possible change of control event — the company's name, business direction, registered office, and entire board are being replaced in one go. New management is focused on renewable energy, which could be positive if executed well, but the scale of the change and lack of operational history in this sector may create uncertainty for existing shareholders. Investors should watch the March 18 EGM outcome and upcoming financial disclosures closely.