Yash Highvoltage Ltd Approves Preferential Issue of Equity Shares and Warrants

Yash Highvoltage Ltd Approves Preferential Issue of Equity Shares and Warrants

Yash Highvoltage Ltd Approves Preferential Issue of Equity Shares and Warrants​

Yash Highvoltage Limited announced that its Board of Directors has approved a significant fundraising initiative through the issuance and allotment of equity shares and equity warrants on a preferential basis. The decisions were made during a board meeting held on June 22, 2026.

The Preferential Issue involves raising funds by issuing up to 12,62,131 fully paid-up Equity Shares and up to 8,32,177 Equity Warrants. Both securities have a face value of ₹5 each. The issue price for both the equity shares and the warrants was set at ₹721 per unit, which includes a premium of ₹716.

The total consideration aggregated across the two components amounts to approximately ₹150,99,96,068. This strategic move is designed to raise capital through targeted investment from identified non-promoter persons.

Allocation Details for Equity Shares​

The issuance of up to 12,62,131 equity shares was allocated to various non-promoter persons and entities. The total consideration received for the share issue amounted to ₹90,99,96,451.

The allocation covered 12 investors, who included Foreign Portfolio Investors, Alternative Investment Funds, and Corporate bodies. Key details regarding the equity shareholder allotment are presented below:

Investor NameCategory/StatusShares (up to)Consideration Amount (INR)
Value Quest India G.I.F.T FundNon-Promoter Foreign Portfolio Investor4,02,219₹ 28,99,99,899
WhiteOak Capital India Opportunities FundNon-Promoter Alternative Investment Fund3,25,936₹ 23,49,99,856
Motilal Oswal Financial Services Ltd.Non-Promoter Body Corporate2,08,044₹ 14,99,99,724
WhiteOak Capital Equity FundNon-Promoter Alternative Investment Fund76,282₹ 5,49,99,322
Calliope Capital Advisors LLPNon-Promoter Body Corporate69,348₹ 4,99,99,908
Ashika Global Finance Private LimitedNon-Promoter Body Corporate27,739₹ 1,99,99,819
Anantroop Financial Advisory Services Private LimitedNon-Promoter Body Corporate13,869₹ 99,99,549
Umang Mahendra ShahNon-Promoter Individual69,348₹ 4,99,99,908
Jignesh Vijay ShahNon-Promoter Individual27,739₹ 1,99,99,819
Ramita Jain NevatiaNon-Promoter Individual27,739₹ 1,99,99,819
Anuj AroraNon-Promoter Individual6,934₹ 49,99,414
Bharvi Dharamsi ChandanNon-Promoter Individual6,934₹ 49,99,414

Equity Warrants Allotment Details​

The allotment of up to 8,32,177 Equity Warrants was designated for Malabar India Fund Limited. The total funds collected from the warrant issuance amounted to ₹59,99,99,617. Each equity warrant is convertible into one fully paid-up equity share of the company with a face value of ₹05 each within 18 months from the date of allotment.

The allocation details for the Equity Warrants are as follows:

Investor NameCategoryWarrants (up to)Consideration Amount (INR)
Malabar India Fund LimitedNon-Promoter Foreign Portfolio Investor8,32,177₹ 59,99,99,617

Future Board Actions​

In addition to the approvals for the preferential issue, the Board also approved convening an Extra-Ordinary General Meeting (EGM) of the company's shareholders. This meeting is scheduled for Wednesday, July 15, 2026, and will be held via video conferencing or another audio-visual means to seek necessary shareholder approval for the aforementioned matters.

Stock Price Movement​

Yash Highvoltage Ltd. settled on Monday at ₹836.60, ticking up 0.16% in post-market trading. The shares moved through a wide session, finding support between the intraday low of ₹830.00 and the high of ₹870.50.
 

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