Enclosed herewith Scrutinizer Report along with Voting Result
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Yash Trading and Finance Limited held an Extra-Ordinary General Meeting (EGM) on May 15, 2025 via video conferencing. All 8 resolutions were passed unanimously with 7,85,002 votes (26.17% of outstanding shares) polled in favour and zero against. Key resolutions include a preferential issue and allotment of 70,00,000 equity shares (face value Rs. 10, premium Rs. 2) to non-promoters, an increase in authorized share capital to Rs. 10 crore (1 crore equity shares of Rs. 10 each), and the appointment/regularization of 5 directors including Mr. Vishvajitsinh Dilipsinh Jadeja as Managing Director. The company has 140 shareholders on record, with only 8 attending through VC. Scrutinizer Sonam Jain validated the voting process.
The preferential issue of 70 lakh shares to non-promoters will dilute existing shareholders by around 23%, while the authorized capital increase gives the company room for future fundraising. Shareholders should expect potential equity dilution ahead and track how the newly raised funds are deployed.