UpdatesCompany Update
Yogi Limited's Board approved key strategic moves, including the 100% acquisition of Yogi Homes Private Limited, a real estate entity, for approximately 3 Cr, making it a wholly-owned subsidiary.
YOGI Ltd511702 · Filed with the exchange
This marks the company's expansion into the real estate sector.
The board also significantly increased limits for loans, investments, borrowings, and asset-related transactions from previous limits of 50-100 Cr to 500 Cr, subject to shareholder approval.
This provides substantial financial flexibility for future growth.
Additionally, a director was re-appointed, and new secretarial, statutory, and internal auditors were appointed.
The board also approved material related party transactions.
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