Yash Innoventures Ltd

Key Decisions

• Aadit Rajal Dalal appointed Whole-Time Director (Professional), effective 14 Aug 2026 for 5 years.
• Jani Dhavalkumar appointed Additional Director, Non-Executive Independent, effective 14 Aug 2026 for 5 years.
• Appointments are subject to approval of shareholders.
• Aadit Rajal Dalal previously served as Business Head and International Marketing Head at NGR Paper Dubai.
• Jani Dhavalkumar profile: Vice Principal, College of Safety and Fire Technology, Gujarat University (2007–2026).
• Not related to any existing directors.
• Shareholding in the company: Nil for both appointees.

Key Financing Decisions

• Approved CIFCL loan facility up to Rs 1.53 crore at max 10.50% interest.
• Loan tenure up to 168 months.
• Facility to be availed in one or more tranches.
• Mortgage over immovable property created as security.
• MD Gnanesh Rajendrabhai Bhagat authorized to negotiate terms and sign documents.
• MD authorized to file ROC forms for charge registration.
• Borrowing subject to Companies Act provisions and Section 180(1)(c) limits.

Dematerialisation/rematerialisation status

• Securities received for dematerialisation were mutilated and cancelled after due verification; depository registered owner updated within prescribed time.
• Dematerialised securities are listed on the stock exchanges where the earlier issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within prescribed timelines.

Board decisions

• Approved unsecured loans from Managing Director up to ₹10 crore at 8% annual interest.
• Loans may be drawn in tranches for working capital, operations, and general corporate purposes.
• Repayment of principal and interest will be as mutually agreed when funds are available.

Internal auditor

• Approved re-appointment of Mr. Jignesh Dave as Internal Auditor for FY 2026-27.

Meeting Details

• Board meeting scheduled for 13 June 2026.

Key Agenda Items

• Consider and approve unsecured loans from Managing Director Gnanesh Rajendrabhai Bhagat.
• Proposed loan amount is up to Rs. 10 crore at 8% annual interest.
• Board to approve repayment terms, including instalments.

Other Notes

• Company is Yash Innoventures Limited, formerly Redex Protech Limited.

Appointment

• Mr. Uddesh Jain appointed Company Secretary and Compliance Officer.
• Effective date: May 20, 2026.
• Board approved appointment on NRC recommendation.
• He is a qualified Company Secretary and ICSI associate member.
• He holds a Bachelor of Commerce degree.
• He has knowledge of secretarial and compliance functions.
• No director relationship disclosure was applicable.