YASH Trading Q3 Results: Board Overhaul, Rebrands to LEXORA GLOBAL

Introduction

YASH Trading and Finance Limited has announced a series of transformative decisions following its board meeting on February 14, 2026. The company approved its Q3FY26 financial results, initiated a comprehensive leadership restructuring, and laid out plans for a major corporate overhaul. Key changes include a proposed new company name, a strategic pivot into the renewable energy sector, and the relocation of its registered office. These moves signal a significant shift in the company's direction, pending shareholder approval at an upcoming Extraordinary General Meeting (EGM).

Q3FY26 Financial Performance

The board reviewed and approved the unaudited financial results for the quarter ending December 31, 2025. The consolidated figures show a substantial increase in operational revenue compared to the same period last year, although the company still posted a net loss for the quarter. However, the performance for the first nine months of the fiscal year indicates a return to profitability.

The standalone results for the quarter showed a net loss of ₹3.80 lakhs, with minimal revenue generation, highlighting the importance of the consolidated business activities in the company's financial picture.

A New Leadership Team

A significant part of the board's agenda was the appointment of a new leadership team to steer the company through its next phase. Mr. Vinubhai Nanjibhai Vekaria has been appointed as the new Chairman & Managing Director. With over 40 years of experience in the automobile, manufacturing, and infrastructure sectors, his expertise in renewable energy projects aligns directly with the company's new strategic focus. Other key appointments include new Whole Time Directors and Independent Directors to strengthen the board's oversight and governance.

New Executive Appointments:

Departures and Board Changes

Concurrent with the new appointments, the board accepted the resignations of several key personnel, effective February 16, 2026. These changes are part of the broader leadership transition. Mr. Vishvajitsinh Jadeja stepped down from his role as Managing Director and CFO, citing other professional commitments. The company also saw the departure of two Non-Executive Independent Directors and the Company Secretary.

Strategic Transformation: A New Identity

The board has proposed a comprehensive corporate rebranding to reflect its new business direction. The company's name is set to change from YASH Trading and Finance Limited to LEXORA GLOBAL LIMITED. This change, along with the relocation of the registered office from Maharashtra to Gujarat, marks a clear break from its past identity and operational base. These proposals are subject to approval from shareholders and relevant regulatory authorities.

Entering the Renewable Energy Sector

The most significant strategic shift is the company's planned entry into the renewable energy business. The board 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 power plants, manufacturing related equipment, and modernizing existing projects. This move positions the company to capitalize on the growing demand for clean energy in India.

Board Committee Reconstitution

To align with the new leadership structure, the board's key committees have been reconstituted. Mr. Chandresh Chhaganbhai Kyada will now chair the Audit Committee and the Stakeholder Relationship Committee. The Nomination and Remuneration Committee will be chaired by Mr. Shitalbhai Mohanbhai Patel. These changes ensure that the new board members are integrated into the company's governance framework.

Market Context and Stock Performance

Investors have reacted positively to recent developments, with the stock gaining nearly 5% in a single day and over 27% in the past five days. Over a one-year period, the stock has delivered a return of approximately 130%. However, its performance over the last six months has been negative, indicating recent volatility. The current corporate actions appear to be aimed at creating a more stable, growth-oriented future.

Analysis and Forward Outlook

The decisions made by the board represent a fundamental pivot for YASH Trading and Finance. The move from trading and finance into the capital-intensive renewable energy sector is a bold strategy. The appointment of an experienced hand like Mr. Vinubhai Vekaria to lead this transition is a critical step. The rebranding to LEXORA GLOBAL LIMITED and the relocation to Gujarat further underscore the scale of this transformation. The success of this new strategy will depend on effective execution, securing necessary funding, and navigating the competitive landscape of the Indian renewable energy market.

Conclusion

YASH Trading and Finance Limited is embarking on a new journey with a new name, new leadership, and a new business focus. The company is repositioning itself as a player in the high-growth renewable energy industry. The next crucial step is the Extraordinary General Meeting scheduled for March 18, 2026, where shareholders will vote on these transformative proposals. The outcome of this meeting will determine the future trajectory of the newly envisioned LEXORA GLOBAL LIMITED.