Please find attached the notice for Postal Ballot.
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Yash Innoventures Ltd has issued a Postal Ballot notice seeking shareholder approval through e-voting from March 6, 2026 to April 4, 2026 (results on April 6, 2026) for four special resolutions. The first resolution seeks to raise the company's overall borrowing limit to Rs. 100 crores outstanding at any time under Section 180(1)(c) of the Companies Act, 2013. The second resolution proposes increasing the limit for loans, guarantees and investments under Section 186 to Rs. 200 crores at any point in time. The third resolution seeks approval to grant a loan of up to Rs. 50 crores to M/s. CVM Industrial Park LLP, which is a related party as Managing Director Mr. Gnanesh Rajendrabhai Bhagat is interested, making it a related party transaction under SEBI LODR Regulation 23. The fourth resolution seeks approval to grant a loan of up to Rs. 75 crores to M/s. Prime Financials & Co. Voting is being conducted via CDSL e-voting platform, with M/s. A. Shah & Associates appointed as Scrutinizer.
If approved, these resolutions will significantly expand the company's borrowing capacity (to Rs. 100 cr) and its ability to lend/invest in other entities (to Rs. 200 cr), potentially leading to higher leverage and capital deployment outside the core business. Shareholders should particularly note the Rs. 50 crore loan to CVM Industrial Park LLP is a related party transaction where the Managing Director has an interest, and the promoter/related parties are required to abstain from voting on that specific resolution.