Yogi Limited Completes Third Tranche Allotment of 18.40 Lakh Equity Shares Upon Warrant Conversion

Yogi Limited has successfully completed the allotment of 18.40 lakh equity shares upon conversion of convertible warrants, marking the completion of its third tranche under the preferential allotment scheme. The board meeting held on April 2, 2026, approved this significant capital expansion initiative.

Allotment Details and Financial Impact

The company allotted 18.40 lakh equity shares of Rs. 10 each, fully paid up, pursuant to the conversion of an equal number of convertible warrants on a preferential basis. The allotment was made following the special resolution passed by shareholders on October 24, 2024, and the in-principle approval received from BSE Limited.

Parameter: Details Number of Shares Allotted: 18.40 lakh Face Value per Share: Rs. 10 Balance Consideration Paid: Rs. 4.42 crores Allottee: Mr. Tirth Ghanshyam Patel Issue Price per Share: Rs. 32

Capital Structure Enhancement

Following this allotment, Yogi Limited's paid-up equity share capital has increased substantially. The company's capital structure now reflects enhanced financial strength with expanded equity base.

Capital Metrics: Post-Allotment Total Paid-up Capital: Rs. 45 crores Total Number of Shares: 4.50 crore Face Value per Share: Rs. 10

The newly issued equity shares rank pari-passu with existing equity shares, ensuring equal rights and privileges for all shareholders.

Shareholding Pattern Changes

The allotment resulted in changes to the shareholding pattern, particularly for the promoter group. Mr. Tirth Ghanshyam Patel, identified as part of the promoter group, was the sole allottee in this tranche.

Shareholding Details: Pre-Issue Post-Issue Mr. Tirth Ghanshyam Patel Shares: 43.66 lakh 62.06 lakh Shareholding Percentage: 10.12% 13.79%

Regulatory Compliance and Approvals

The conversion process adhered to regulatory requirements under SEBI (ICDR) Regulations, 2018. As per Regulation 169(2), 25% of the allotment price was paid by the allottee at the time of subscription, with the remaining 75% paid upon exercising conversion rights.

The board meeting, which commenced at 12:15 p.m. and concluded at 12:50 p.m., was conducted at the company's registered office in Mumbai. The warrants were originally allotted on December 27, 2024, carrying rights to subscribe to equity shares within 18 months from the allotment date.

Warrant Conversion Framework

The convertible warrants framework provides flexibility for holders to exercise conversion rights in one or more tranches within the stipulated 18-month period. The conversion ratio stands at 1:1, meaning one equity share for each convertible warrant held. Unexercised warrants beyond the 18-month period will lapse, with the paid amounts being forfeited by the company.

Yogi Limited has received purchase orders worth ₹102.36 crore from Companion Vinimay Trading Private Limited for the supply of industrial equipment, the company announced in a regulatory filing under Regulation 30 of SEBI listing regulations.

Order Specifications

The company has secured four purchase orders for supplying one complete set per order of various industrial components. The orders encompass a comprehensive range of equipment including structure assembly, head assembly, rotary table and electrical accessories, tool changer and additional axis, and other accessories.

Parameter: Details Client: Companion Vinimay Trading Private Limited Order Value: ₹102.36 crore (excluding taxes) Number of Orders: 4 purchase orders Market Type: Domestic Delivery Timeline: Approximately 15 days

Equipment Portfolio

The purchase orders cover a diverse range of industrial equipment designed for manufacturing applications. The structure assembly and head assembly components form the core mechanical framework, while the rotary table and electrical accessories provide operational functionality. Additionally, the orders include tool changer and additional axis systems along with supporting accessories.

Equipment Type: Description Structure Assembly: Core mechanical framework Head Assembly: Primary operational component Rotary Table & Electrical: Operational systems Tool Changer & Additional Axis: Advanced functionality Accessories: Supporting components

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company confirmed that the orders do not involve any related party transactions and that promoter groups have no interest in the client entity. The orders include standard terms related to quality, delivery schedule, and pricing as mutually agreed by both parties.

Business Impact

This substantial order win demonstrates Yogi Limited's strong positioning in the industrial equipment sector and its ability to secure significant domestic contracts. The 15-day delivery timeline reflects the company's operational efficiency and manufacturing capabilities. The order value of ₹102.36 crore represents a significant business opportunity that could contribute meaningfully to the company's revenue performance.

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