The Board has considered and approved the appointment of Cost Auditors namely M/s. Y. S. Thakar, Cost Accountants as the Cost Auditor of the Company for the FY 2025-26.
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Yash Highvoltage's board approved several items in its 11 August 2025 meeting. It appointed Y.S. Thakar & Co. as Cost Auditor for FY 2025-26 and recommended a final dividend of INR 1 per share (20%) on equity shares of face value INR 5, subject to shareholder approval. The record date for the dividend is set as 6 September 2025. The board also received an update on the strategic acquisition of Sukrut Electric Company Pvt Ltd, to be done as a 50:50 joint venture with Quality Power Electrical Equipments Limited, with an enterprise value of about EUR 1 million (around INR 10.2 crore). A binding term sheet for the deal was already signed on 9 July 2025. Sukrut Electric is a 70-year-old transformer component maker based in Chakan, Pune.
The dividend is modest given the small face value and is a routine shareholder reward, unlikely to move the stock materially. The Sukrut Electric acquisition is small in size but signals a strategic push into the transformer component segment through a partnership with Quality Power, which could support long-term growth if the turnaround plan succeeds.