ENCLOSED HEREWITH RESIGNATION OF VISHVAJITSINH JADEJA AS CFO
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Yash Trading and Finance Limited held a board meeting on Feb 14, 2026, approving a sweeping set of changes. Managing Director and CFO Vishvajitsinh Jadeja resigned from both roles effective Feb 16, citing other professional commitments; Company Secretary Kavita Chhajer also resigned. Two Independent Directors (Akhil Nair and Amarendra Mohapatra) stepped down for personal reasons. The company approved appointing several new directors, including Vinubhai Vekaria as the new Chairman & Managing Director, with Alakh Mangroliya taking over as CFO and also joining as a Whole-time Director. The board also approved changing the company name to 'Lexora Global Limited', shifting the registered office from Mumbai (Maharashtra) to Gujarat, and amending the object clause to enter the renewable energy business (solar, wind, hydro power). An EGM is scheduled for March 18, 2026, to seek shareholder approval. Q3 FY26 (Dec 2025) results were also approved, showing consolidated revenue of Rs. 403.84 lakhs but a net loss of Rs. 0.76 lakhs for the quarter.
This is a transformational announcement for shareholders — the company is rebranding to Lexora Global, relocating to Gujarat, and pivoting into renewable energy. The exit of the MD/CFO and two independent directors, combined with promoter-linked appointees taking over key positions, signals a major strategic and management overhaul. Investors should watch the EGM outcome and the new renewable energy business plan closely, as the current financials are small with negligible revenue on a standalone basis.