Please find the attached Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
YOGI Limited's Board, at its meeting on June 18, 2025, approved acquiring a 95% stake in YOGI Realtors LLP for Rs. 95 lakhs in cash. Post-acquisition, the LLP will become a subsidiary of the company. The LLP operates in the Real Estate & Construction sector, was incorporated in May 2016, and has reported nil turnover for the last three financial years (FY22-23, FY23-24, FY24-25). The acquisition is classified as a related party transaction since the LLP shares a common director with the company, but the deal has been structured on an arm's length basis. The total contribution of the LLP is Rs. 1 crore, meaning YOGI's Rs. 95 lakh investment covers nearly the entire capital base.
This is a small-scale, related-party acquisition into a loss-making LLP with no revenue track record, so the immediate financial impact on shareholders is minimal. However, investors should note the related-party nature and watch for future capital infusions or business activity at the subsidiary level.