Proceedings of Annual General Meeting 2025-2026

Date: 03-09- 2026 General Manager, BSE Limited, 1st Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001 Scrip Code: 544310 Reference: ISIN- INE00GK01023 Subject: Proceedings of Annual General Meeting (“AGM”) of Yash Highvoltage Limited (the “Company”) held through Video Conferencing (“VC”)/ Other Audio- Visual Means (“OAVM”) pursuant to Regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the SEBI Listing Regulations”) Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI Listing Regulations, this is to inform you that the AGM of the Company was held today i.e., Thursday, September 03, 2026, at 05:00 P.M (IST) through Video Conferencing (“VC”)/ Other Audio-Visual Means (“OAVM”) in accordance with the applicable provisions of the Companies Act, 2013, Circular(s) issued by the Ministry of Corporate A(cid:431)airs and Securities and Exchange Board of India for transacting the business as mentioned in the Notice of the AGM dated August 11, 2026 (“Notice”). The meeting commenced at 05:00 P.M (IST) and concluded at 05:16 P.M. (IST). In this regard, please find enclosed summary of the proceedings as Annexure - A. We request you to kindly take the same on record. For Yash Highvoltage Limited Bhoomi Talati Company Secretary & Compliance Officer FCS: 12828 Place: Vadodara Enclosure: Summary of proceedings of AGM ANNEXURE – A SUMMARY OF PROCEEDINGS OF THE ANNUAL GENERAL MEETING The Annual General Meeting (“AGM” or “Meeting”) of the members of Yash Highvoltage Limited was held on Thursday, September 03, 2026 at 05:00 P.M. (IST) through video conference or other audio-visual means (VC / OAVM) in accordance with the MCA Circulars and relevant circulars issued by the SEBI, from time to time and applicable provisions of the Companies Act, 2013 read with the Rules issued thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). Attendance of Directors & KMPs: Mr. Keyur Girishchandra Shah, present through VC from Bhopal Chairman & Managing Director Mrs. Twinkle Keyur Shah, present through VC from Vadodara Non-Executive Director Mr. Rabindra Nath Nayak, present through VC from Haryana Independent Director Mr. Hartmuth Udo Erich Fethke, present through VC from Germany Non-Executive Director Ms. Bhoomi Ketan Talati Company Secretary and Compliance Officer Mr. Sumit Poddar Chief Financial Officer Mr. Darshan Thakkar Executive Director- Finance Mr. Nirav Patel Executive Director- Global Business Other Representatives present through VC: M/s. Shah Mehta & Bakshi, Chartered Accountants Statutory Auditors M/s. Kashyap Shah & Co, Company Secretaries & Insolvency Professionals Secretarial Auditors Mr. Kashyap Shah, Partner of M/s. Kashyap Shah & Co Scrutinizer The Following Directors could not attend the Meeting due to unavoidable circumstances. Mr. Suril Saumil Mehta Independent Director Mr. Gautam Nikam Executive Director- Operations Quorum of the Meeting The requisite quorum being present, the Meeting was duly constituted. A total of 50 Members representing 57.47% equity shares attended the Meeting through VC/OAVM. Ms. Bhoomi Talati, Company Secretary and Compliance O(cid:431)icer of the Company welcomed all the members and introduced the Board members, Key Managerial Personnel & Auditors of the Company. The representative(s) of M/s. Shah Mehta & Bakshi, Chartered Accountants, the Statutory Auditors, M/s. Kashyap Shah & Co, the Secretarial Auditor and Scrutinizer of the Company were also present. Mrs. Bhoomi Talati then requested Mr. Keyur Girishchandra Shah, Chairperson of the Company to take the Chair and conduct the proceedings. The Chairperson confirmed the requisite quorum, called the meeting to order and commenced the formal proceedings of the meeting. Thereafter, Mrs. Bhoomi Talati, Company Secretary, briefed the members on certain instructions relating to the participation at the Meeting through VC/ OAVM. Further she inter- alia informed the members that the Company had partnered with M/s Bigshare Services Limited (Registrar and Transfer Agent) as to provide remote e-voting facility to the Shareholders in compliance with the provisions of Section 108 and other applicable provisions, if any, of the Companies Act, 2013 and rules framed thereunder and amendments thereto, read together with the MCA Circulars and Regulation 44 of the Listing Regulations, which commenced at 09:00 A.M. (IST) on Monday, August 31, 2026 and ended at 05:00 P.M. (IST) on Wednesday, September 02, 2026. The voting rights of the Members were reckoned based on the number of shares held by them as on the Cut-o(cid:431) date i.e., Thursday, August 27, 2026. She further informed the Members that the facility for voting through e-voting system was made available during the meeting for the Members who had not casted their vote prior to the meeting through remote e-voting. The Company had appointed CS Kashyap Shah, Practicing Company Secretary from M/s. Kashyap Shah & Co., as the Scrutinizer for the purpose of scrutinizing the process of remote e- voting held prior and e -voting during the AGM. The documents that were required to be kept open at the AGM for inspection were kept open for inspection electronically. Since there was no physical attendance of Members, the requirement of appointing proxies was not applicable except for the authorized representatives of corporate shareholders. Thereafter, the Chairperson presented the key highlights of FY 2025-26, the strongest year in the Company's history. Revenue grew 57% to ₹235 crore, EBITDA rose 74% to ₹60 crore with margin expansion from 23% to 26%, and Profit After Tax grew 75% to ₹37 crore with margin improving from 14% to 16%. The order book crossed ₹400 crore, up approximately 166% over the previous year. The Chairperson highlighted progress on the Company's greenfield facility at Vadodara, Gujarat, which would enhance manufacturing capability from 245 kV to 550 kV and localise RIP/RIS capacitive core manufacturing. The Company had also acquired a 50% stake in Sukrut Electric, operationalised Yash HV USA Inc., and deepened its presence across Europe and North Africa through agency partnerships with Weidmann and Electrolink. To fund this growth, the Company had completed a preferential issue of equity shares and convertible warrants aggregating to approximately ₹151 crore, pursuant to shareholder approval at the EGM held on 15th July 2026. The Chairperson noted the Company's continued leadership in India, with close to a third of the domestic bushing market, exports to over 60 countries, and over 45,000 bushings installed globally. The Board had recommended a dividend of ₹1.40 per equity share for FY 2025-26. The Chairperson concluded by thanking shareholders, customers, partners and employees for their continued trust, and reaffirmed the Company's commitment to disciplined growth and its vision of becoming a leading global transformer bushing manufacturer within the decade. The following Ordinary and Special Businesses set out in the Notice convening the AGM were put to vote by remote e- voting and e-voting during the meeting: ORDINARY BUSINESS 1. To receive, consider and adopt the Audited Standalone financial statements of the company for the financial year ended 31st March 2026 together with the reports of the Board of Directors’ and the Auditor’s report thereon. 2. To receive, consider and adopt the Audited Consolidated financial statements of the company for the financial year ended 31st March 2026 together with the reports of the Board of Directors’ and the Auditor’s report thereon. 3. To consider and declare dividend at the rate of Rs 1.40/- per equity share of face value of Rs 5/- each for FY 2025-2026. 4. To appoint a Director in place of Mrs. Twinkle Keyur Shah (DIN: 03575362), who retires by rotation in terms of Section 152(6) of the companies act, 2013 and, being eligible, o(cid:431) [Showing first 8,000 characters — download PDF for full document]