The Board of Directors at its meeting held today considered and approved 20% final dividend for FY 2024-25.
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The Board of Directors of Yash Highvoltage Ltd, at its meeting on 11 August 2025, recommended a final dividend of INR 1 per equity share (20%) on the face value of INR 5 for FY 2024-25, subject to shareholder approval. The record date for the dividend is fixed as 6 September 2025. The Board also approved the Board’s Report and the appointment of Mr. Kashyap Shah & Co. as Scrutinizer and Y.S. Thakar & Co. as Cost Auditor for FY 2025-26. Additionally, the Board noted that a binding term sheet was signed on 9 July 2025 to acquire 100% of Sukrut Electric Company Pvt Ltd jointly with Quality Power Electrical Equipments Ltd in a 50:50 JV, at an enterprise value of about INR 10.2 crore (€1 million). Sukrut Electric is a 70-year-old manufacturer of transformer components based in Chakan, Pune.
The 20% final dividend signals steady shareholder returns, while the strategic JV acquisition of Sukrut Electric expands Yash Highvoltage’s footprint in transformer components, potentially supporting future revenue and margin growth.