YASH Trading to Become LEXORA GLOBAL, Eyes Renewable Energy

Introduction to Corporate Overhaul

YASH Trading and Finance Limited has announced a series of transformative decisions following its board meeting on February 14, 2026. The company is set for a complete overhaul, which includes significant leadership changes, a new corporate identity, and a strategic pivot into the renewable energy sector. These moves, subject to shareholder approval, signal a new direction for the company, aiming to reposition itself for future growth.

Q3FY26 Financial Performance

The board reviewed and approved the unaudited standalone and consolidated financial results for the third quarter ending December 31, 2025. The company reported a consolidated revenue of ₹403.84 lakhs for the quarter. This financial report serves as a baseline before the company embarks on its ambitious restructuring and expansion plans.

New Leadership Structure

A key part of the transformation is the appointment of a new leadership team to guide the company's new vision. The board has approved several key appointments, bringing in experienced professionals to steer the company forward. Mr. Vinubhai Nanjibhai Vekaria has been appointed as the new Chairman & Managing Director. With over 40 years of industrial experience in manufacturing, infrastructure, and particularly renewable energy, his leadership is expected to be instrumental in the company's new venture.

Mr. Alakh Vasantbhai Mangroliya will also take on the role of Chief Financial Officer (CFO) starting February 16, 2026. His decade of experience in business operations and managing renewable projects is a valuable asset for the company's new focus.

Executive Departures

Coinciding with the new appointments, the board accepted the resignations of several key executives, effective February 16, 2026. These changes are part of the broader leadership restructuring.

Strategic Pivot to Renewable Energy

The most significant strategic shift is the company's planned entry into the renewable energy business. The board has approved the alteration of its Memorandum of Association to include activities related to power generation from sources like solar and wind. This expansion includes establishing power plants, manufacturing related equipment, and modernizing renewable energy projects. This move aligns with the growing global and national focus on sustainable energy.

A New Corporate Identity: LEXORA GLOBAL

To reflect its new business focus and global ambitions, the company has proposed a name change to LEXORA GLOBAL LIMITED. This new identity marks a clear break from its past as a trading and finance company. In addition to the name change, the company plans to relocate its registered office from Maharashtra to Gujarat, a state known for being a hub for renewable energy projects in India. This geographical move is a strategic step to position the company closer to its new operational focus.

Reconstituted Board Committees

To ensure strong governance under the new structure, the board committees have been reconstituted. The Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee will all see new leadership, primarily featuring the newly appointed independent directors. This ensures that the oversight functions are aligned with the company's new strategic objectives.

Next Steps: Shareholder Approval

All these proposed changes are contingent on shareholder approval. The company has scheduled an Extraordinary General Meeting (EGM) for March 18, 2026, to be held via video conference. This meeting will be a critical step in formalizing the company's transformation. The company has appointed professionals to manage the e-voting process, ensuring a smooth and transparent approval process.

Conclusion

YASH Trading and Finance Limited is on the verge of a fundamental transformation. With a new name, a new leadership team led by an industry veteran, and a strategic entry into the high-growth renewable energy sector, the company is repositioning itself entirely. The upcoming EGM will be the deciding moment for this new chapter, as shareholders will vote on the proposed path forward for the newly envisioned LEXORA GLOBAL LIMITED.