Board Meeting Details

The Board meeting of Yash Innoventures Limited was held on Saturday, June 13, 2026. The meeting commenced at 3:30 PM and concluded at 4:00 PM.

Agenda Items Approved

1. Acceptance of Unsecured Loan from Managing Director

  • The Board considered and approved acceptance of unsecured loan(s) from Mr. Gnanesh Rajendrabhai Bhagat, Managing Director of the Company
  • Loan amount: Aggregating up to ₹10,00,00,000/- (Rupees Ten Crore Only)
  • Interest rate: 8% per annum
  • Nature: Unsecured loan
  • Disbursement: May be availed in one or more tranches as and when required
  • Purpose: For meeting working capital requirements, business operations, and/or other general corporate purposes
  • Repayment terms: Principal amount together with applicable interest shall be repayable as and when funds are available and in accordance with mutually agreed terms between the Company and Mr. Gnanesh Rajendrabhai Bhagat

2. Re-Appointment of Internal Auditor for FY 2026-27

  • The Board approved reappointment of Mr. Jignesh Dave as Internal Auditor of the Company for the financial year 2026-27
  • Mr. Jignesh Dave's profile:
  • Worked in many companies as Legal Executive from December 2016 to March 2026
  • Educational qualifications: B.Com and LLB from Central University of Gujarat located in Ahmedabad, Gujarat (2012 to 2015)
  • No relationships between directors disclosure required (marked as Not Applicable)