Yash Trading Q3 Results: Board Overhaul, Rebrands to Lexora Global

Introduction: A Strategic Pivot

YASH Trading and Finance Limited has announced a series of transformative decisions following its board meeting on February 14, 2026. The company approved its third-quarter financial results and initiated a comprehensive overhaul of its leadership and corporate strategy. Key changes include a new Chairman & Managing Director, a proposed name change to LEXORA GLOBAL LIMITED, and a strategic entry into the renewable energy sector. These moves signal a significant shift in the company's direction, pending shareholder approval at an upcoming Extraordinary General Meeting (EGM).

Financial Performance in Q3FY26

The board reviewed and approved the unaudited standalone and consolidated financial results for the quarter ending December 31, 2025. According to the filing, the company reported a consolidated revenue of ₹403.84 lakhs for the period. This financial disclosure provides a stable backdrop to the sweeping organizational changes being implemented, offering investors a final look at the company's performance under its previous structure before it embarks on its new strategic path.

A New Era of Leadership

A cornerstone of the company's transformation is the restructuring of its top leadership. The board has appointed a new team to guide the company's future. 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 the automobile, manufacturing, and infrastructure sectors, his expertise in renewable energy projects is particularly relevant to the company's new business focus. He is joined by Mr. Manan Pavankumar Trivedi and Mr. Alakh Vasantbhai Mangroliya, who will serve as Whole Time Directors. Mr. Mangroliya will also take on the crucial role of Chief Financial Officer (CFO).

Board Strengthened with Independent Directors

To enhance corporate governance, the board also appointed two new independent directors. Mrs. Riddhi Ankit Virpariya joins as a Woman Independent Director for a five-year term. Mr. Chandresh Chhaganbhai Kyada will also serve as an Independent Director for a five-year term, starting March 1, 2026. These appointments are aimed at bringing fresh perspectives and robust oversight to the board as it navigates its strategic transition.

Departures and Management Transition

The leadership overhaul includes the departure of several key executives, effective February 16, 2026. The board accepted the resignations of Mr. Vishvajitsinh Jadeja, the former Managing Director and CFO, along with two Non-Executive Independent Directors, Mr. Akhil Nair and Mr. Amarendra Mohapatra. Ms. Kavita Akshay Chhajer also stepped down from her role as Company Secretary and Compliance Officer. The company cited other professional commitments and unavoidable circumstances as reasons for the departures.

Strategic Transformation: The Birth of Lexora Global

The most significant strategic shift is the company's plan to rebrand as LEXORA GLOBAL LIMITED. This name change reflects a broader vision that extends beyond its current operations. Accompanying the rebranding is a proposal to relocate the company's registered office from Maharashtra to Gujarat, positioning it closer to key industrial and renewable energy hubs. These changes are part of a larger plan to redefine the company's corporate identity and market positioning.

Expansion into Renewable Energy

Central to the company's new strategy is its entry into the renewable energy sector. The board has approved altering the company's Memorandum of Association to include business activities related to power generation from solar, wind, and other renewable sources. The scope of this new venture includes establishing and operating power plants, manufacturing and installing power generation equipment, and modernizing existing renewable energy projects. This diversification is a clear move to capitalize on the growing demand for clean energy in India.

Reconstituted Board Committees

In line with the governance changes, the board has reconstituted its key committees. Mr. Chandresh Chhaganbhai Kyada will 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 leadership is integrated into the company's governance framework, providing oversight for the new strategic initiatives.

Shareholder Approval and Next Steps

All the proposed changes, including the name change, office relocation, and business expansion, are subject to shareholder approval. The company has scheduled an Extraordinary General Meeting (EGM) for March 18, 2026, to seek this approval. The meeting will be held virtually, with Purva Sharegistry (India) Pvt Ltd providing e-voting services to ensure broad participation. This EGM will be a critical milestone in determining the future trajectory of the company.

Conclusion

YASH Trading and Finance Limited is at a pivotal moment. The decisions made by its board signal a complete strategic reset, moving from its traditional business to a future focused on renewable energy under a new brand, LEXORA GLOBAL LIMITED. With a new leadership team in place and a clear vision for growth, the company is positioning itself for a new chapter. The outcome of the EGM in March will be the final step in launching this ambitious transformation.