Announced Sat, 4 Apr · 17:14 IST

Please find the attached outcome of Postal Ballot.

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-7.9%1-day move

₹49.90

prior close

—

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-7.9-3.3+0.1+3.8+0.1-4.1-1.8-7.8-4.4-40.6

Up moveDown movePending

AI summary

Yash Innoventures Ltd (formerly Redex Protech Ltd) has announced the outcome of its Postal Ballot wherein shareholders approved four resolutions through e-voting. The company obtained approval to increase its borrowing limit under Section 180(1)(c) of the Companies Act, 2013, and to raise its lending/investment limit under Section 186. Additionally, shareholders approved granting loans to two entities: CVM Industrial Park LLP (under Sections 185 and 186) and Prime Financials & Co. (under Section 186). The e-voting process was completed on 4th April 2026. Full voting results will be disclosed upon receipt of the Scrutinizer's report.

Likely market impact

The expanded borrowing and lending limits provide the company greater financial flexibility for growth initiatives. Shareholder approval of loans to CVM Industrial Park LLP and Prime Financials suggests potential related-party transactions that investors should monitor for fair terms and proper disclosure.