Yash Highvoltage Announces Up To ₹151 Crore Preferential Issue to Accelerate Expansion in Extra-High Voltage Segment

Yash Highvoltage Announces Up To ₹151 Crore Preferential Issue to Accelerate Expansion in Extra-High Voltage Segment​

Yash Highvoltage Limited, a key manufacturer in the power generation and transmission sector, has announced a preferential issue of equity shares and convertible warrants amounting to up to approximately ₹151 crore. The funding is intended to fuel capacity expansion, enhance technology, and strengthen the company's presence within the specialized Extra-High Voltage (EHV) Transformer Bushings segment.

The Board of Directors approved the issuance of shares and warrants in this capital raise, which has attracted interest from a distinguished group including institutional investors, family offices, and long-term reputable investors.

Key financial details of the proposed issue are as follows:


Each warrant is convertible into one equity share of the company. The proposed proceeds from this issue are set to support the company's next phase of growth through infrastructure expansion and capability enhancement within the power equipment ecosystem.

Strategic Focus on High-Voltage Market Penetration​

A primary focus area for the investment is the strategic expansion of the Resin-Impregnated Paper (RIP) bushing manufacturing facility. This initiative aims to elevate the capacity range from the originally envisaged 245 kV to the highly specialized 550 kV category.

The enhanced positioning in this segment is crucial for Yash Highvoltage to serve the extra-high voltage transmission market and significantly expand its addressable domestic and international markets. The proposed investments will fund the establishment of advanced assembly and testing infrastructure, including high-voltage testing facilities necessary for developing, qualifying, and validating 550 kV RIP bushings.

Furthermore, the company plans a brownfield expansion of its existing Oil-Impregnated Paper (OIP) bushing manufacturing facility. This expansion is designed to meet growing demand from utilities, power infrastructure developers, and transformer manufacturers, thereby enhancing manufacturing scale and broadening the product portfolio.

Management View on Growth Opportunities​

Keyur Shah, Chairman and Managing Director of Yash Highvoltage Limited, stated that the proposed fundraising marks a significant milestone in the company's trajectory. He noted that the investor confidence reinforces the conviction surrounding long-term opportunities within the power generation and transmission sector.

Mr. Shah emphasized that the capital raise provides the flexibility needed to execute strategic growth initiatives while maintaining a prudent capital structure. The planned expansion into the 550 kV RIP bushing segment is viewed as a transformational opportunity, which will strengthen manufacturing and testing capabilities and enable participation in a larger share of the high-voltage and high-current power equipment market.

The company aims to capitalize on industry tailwinds driven by renewable energy integration, grid modernization, rapid industrialization, and urban development across both domestic and export markets.

Monarch Networth Capital Limited served as the Exclusive Financial Advisor and Sole Investment Banker for Yash Highvoltage Limited concerning this preferential equity raise.

Stock Price Movement​

Yash Highvoltage Ltd shares settled at ₹836.60 on Monday, edging higher by 0.16%. The stock traded within a wide intraday range, finding support around the low of ₹830.00 and peaking during the session at ₹870.50.