ENCLSOED HEREWITH BOARD MEETING OUTCOME DATED 09/07/2025
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The board of Yash Trading and Finance Limited, at its meeting on July 9, 2025, approved the allotment of 70,00,000 equity shares of Rs. 10 face value at an issue price of Rs. 12 per share to 23 non-promoter allottees, raising a total of Rs. 8.40 crore. The shares were allotted on a fully subscribed preferential basis, with each non-promoter investor receiving between 5,000 and 9,00,000 shares. BSE had already granted in-principle approval on July 1, 2025, and shareholders had approved the allotment on May 15, 2025. The statutory auditor has confirmed receipt of the full subscription amount of Rs. 8,40,00,000.
Existing shareholders will face equity dilution from the issue of 70 lakh new shares, though the company has raised Rs. 8.4 crore in fresh capital from non-promoter investors. The Rs. 2 per share premium over face value is modest, and the stock price may react based on how the new capital is deployed.