Yash Highvoltage zooms on getting nod to raise Rs 151 crore
Yash Highvoltage is currently trading at Rs. 883.00, up by 46.40 points or 5.55% from its previous closing of Rs. 836.60 on the BSE.
The scrip opened at Rs. 940.00 and has touched a high and low of Rs. 940.00 and Rs. 855.00 respectively. So far 266250 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 5 has touched a 52 week high of Rs. 940.00 on 23-Jun-2026 and a 52 week low of Rs. 322.15 on 23-Jun-2025.
Last one week high and low of the scrip stood at Rs. 940.00 and Rs. 766.00 respectively. The current market cap of the company is Rs. 2531.99 crore.
The promoters holding in the company stood at 57.94%, while Institutions and Non-Institutions held 11.11% and 30.95% respectively.
Yash Highvoltage has secured approval to raise up to around Rs 151 crore through a preferential issue. The board of directors of the company has approved the issuance of up to 12,62,131 equity shares and 8,32,177 convertible warrants, each warrant convertible into one equity share of the company, at an issue price of Rs 721 per security. The issue is subject to shareholder and other requisite statutory and regulatory approvals. The proposed proceeds from the issue are intended to support the company's next phase of growth through expansion of manufacturing and testing infrastructure, enhancement of existing facility’s capabilities, and strengthening of its position in the power equipment ecosystem.
A key focus area of the proposed investment is the expansion of the company's Resin-Impregnated Paper (RIP) bushing manufacturing facility from the originally envisaged 245 kV range to the 550 kV category. This strategic initiative is expected to position the company among a select group of manufacturers capable of serving the extra-high voltage transmission segment and significantly expand its addressable market. The proposed investments will support the establishment of advanced assembly and testing infrastructure, including high-voltage testing facilities and specialized equipment required for the development, validation and qualification of 550 kV RIP bushings. The company also plans to invest in engineering, product development and certification capabilities to meet global standards and address opportunities across domestic and international markets.
In addition, the company intends to undertake a brownfield expansion of its existing Oil-Impregnated Paper (OIP) bushing manufacturing facility to cater to growing demand from transformer manufacturers, utilities and power infrastructure developers. The proposed investments are expected to enhance manufacturing scale, broaden the company's product portfolio and strengthen its technological capabilities.
