Yash Highvoltage Reports No Fund Utilization Deviation

Key Quantitative Figures

• Total Amount Raised: INR 150.996 Crores through Preferential Issue on August 6, 2026
• Capital Expenditure Allocation: INR 80.00 Crores
• Capital Expenditure Utilized: INR 9.16 Crores (11.45% of allocation)
• Working Capital Requirements Allocation: INR 20.00 Crores
• Working Capital Requirements Utilized: INR 20.00 Crores (100% of allocation)
• General Corporate Purposes Allocation: INR 1.47 Crores
• General Corporate Purposes Utilized: INR 0.00 Crores (0% of allocation)
• Issue Expenses Allocation: INR 4.53 Crores
• Issue Expenses Utilized: INR 4.53 Crores (100% of allocation)

Approval and Certification

The Audit Committee reviewed the statement at its meeting held on October 21, 2026. The document was digitally signed by Bhoomi K Talati, Company Secretary & Compliance Officer (FCS:12828), and certified by Sumit Poddar, Chief Financial Officer, on October 21, 2026.

Fund Utilization Details

The original objects for fund utilization remain unchanged with no modifications. The capital expenditure object includes procurement of plant & machinery, civil works, related infrastructure, factory building development, R&D, technical know-how, and clean energy projects for expansion, modernization, and business strengthening.

Financial Impact Assessment

The company reported no deviation from the originally stated objects and allocations. The lower utilization of capital expenditure funds (INR 9.16 crore vs INR 80 crore allocation) does not constitute a deviation as per SEBI regulations, since the objects remain unchanged and the company has not modified the allocation purposes.

#Tags: #YashHighvoltage #SEBIRegulation32 #FundUtilization #PreferentialIssue #ComplianceDisclosure #Neutral