en.Wedoany.com Reported - Yash Highvoltage Limited has approved a preferential issuance plan totaling approximately INR 1.51 billion, which is subject to approval from shareholders and regulatory authorities. The company is a specialized manufacturer of transformer bushings for the power generation, transmission, and distribution sectors.
According to the board resolution, the issuance will include up to 1,262,131 shares and 832,177 convertible warrants (each warrant convertible into one share), with an issue price of INR 721 per security. The issuance has attracted participation from institutional investors, family offices, and long-term investors, indicating market confidence in the company's business model and growth strategy.
The funds will be used to support the company's next phase of expansion, including enhancing manufacturing and testing infrastructure to strengthen its position in the power equipment ecosystem. The investment focus is on expanding the Resin Impregnated Paper (RIP) bushing manufacturing facility from the 245kV class to the 550kV class. This capacity upgrade will position Yash Highvoltage as one of the few manufacturers capable of serving the ultra-high voltage transmission sector, thereby significantly expanding its potential market.
The company also plans to establish advanced assembly and high-voltage testing infrastructure, and invest in engineering, product development, and certification capabilities to meet global standards. Additionally, Yash Highvoltage will undertake a brownfield expansion of its Oil-Impregnated Paper (OIP) bushing manufacturing facility to meet the growing demand from transformer manufacturers, utilities, and infrastructure developers.
The company stated that this expansion aligns with the growth trend in India's power sector investments, driven by renewable energy integration, grid modernization, and increased electricity demand from industrial growth, electric vehicle infrastructure, and data centers. Management believes that this capital injection will enhance manufacturing capabilities, broaden the product portfolio, and improve the company's long-term growth prospects.
Monarch Networth Capital Limited is acting as the sole financial advisor and exclusive investment bank for this proposed preferential issuance.
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