YASH Trading to Become LEXORA GLOBAL, Enters Renewable Energy

Introduction

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, including a new corporate identity, a strategic pivot into the renewable energy sector, and a significant leadership restructuring. These changes signal a new direction for the company, moving beyond its traditional finance and trading operations towards a high-growth industry.

Q3FY26 Financial Performance

The board reviewed and approved the unaudited financial results for the third quarter ending December 31, 2025. On a consolidated basis, the company reported total revenue of ₹403.84 lakhs. However, it posted a net loss of ₹2.77 lakhs for the quarter. The standalone results showed a net loss of ₹3.80 lakhs, indicating challenges in its core operations during the period. The earnings per share (EPS) on a consolidated basis stood at ₹(0.02).

A New Leadership Team

A cornerstone of the company's transformation is the appointment of a new leadership team. Mr. Vinubhai Nanjibhai Vekaria has been appointed as the new Chairman & Managing Director for a three-year term. With over 40 years of experience in manufacturing, infrastructure, and particularly renewable energy, his appointment is aligned with the company's new strategic focus. The board also appointed Mr. Manan Pavankumar Trivedi and Mr. Alakh Vasantbhai Mangroliya as Whole Time Directors. Mr. Mangroliya will also take on the role of Chief Financial Officer (CFO).

To strengthen corporate governance, Mrs. Riddhi Ankit Virpariya and Mr. Chandresh Chhaganbhai Kyada have been appointed as Independent Directors for five-year terms.

Executive Departures

The restructuring also involves several key departures, effective February 16, 2026. The board accepted the resignations of Mr. Vishvajitsinh Jadeja, the former Managing Director and CFO, and Non-Executive Independent Directors Mr. Akhil Nair and Mr. Amarendra Mohapatra. Ms. Kavita Akshay Chhajer also resigned from her position as Company Secretary and Compliance Officer. The company cited other professional commitments and unavoidable circumstances as reasons for these resignations.

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 solar, wind, and other renewable sources. This expansion includes establishing and operating power plants, manufacturing power generation equipment, and modernizing renewable energy projects. This move is designed to capitalize on the growing demand for clean energy and diversify the company's revenue streams.

Corporate Rebranding and Relocation

To reflect its new vision, the company proposes to change its name to LEXORA GLOBAL LIMITED. This new identity aims to project a more global and diversified business profile. In addition to the name change, the company plans to relocate its registered office from Maharashtra to Gujarat, a state known for its significant renewable energy initiatives. These changes are subject to shareholder approval.

Reconstituted Board Committees

In line with the leadership changes, the board has reconstituted its key committees to ensure effective oversight and governance. The Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee will now be chaired by Mr. Chandresh Chhaganbhai Kyada and Mr. Shitalbhai Mohanbhai Patel, with newly appointed directors serving as members across these committees.

Shareholder Approval and Next Steps

All the proposed changes, including the name change, office relocation, and business expansion, require shareholder consent. To facilitate this, the company has scheduled an Extraordinary General Meeting (EGM) for March 18, 2026. The meeting will be held virtually, and the company has appointed professionals to manage the e-voting process, ensuring a transparent and accessible approval process for all shareholders.

Conclusion

YASH Trading and Finance Limited is on the brink of a fundamental transformation. By appointing experienced leadership, entering the promising renewable energy sector, and adopting a new corporate identity as LEXORA GLOBAL LIMITED, the company is positioning itself for future growth. The upcoming EGM on March 18, 2026, will be a critical event, as shareholder approval will pave the way for the execution of this ambitious new strategy.