Yash Highvoltage to raise INR 1.06bn via preferential allotment
What's the deal? Yash HighvoltageDealroom has a profile for this one. Try Dealroom → said it expects to raise INR 1,059,996,355 (about $11.2 million) from a group of investors through a private placement.
The Indian company will issue 1,262,131 common shares at INR 721 each, raising INR 909,996,451. It will also issue 832,177 convertible warrants at INR 180.25 each for INR 149,999,904.
Each warrant converts into one common share at INR 540.75 and matures 18 months from allotment. The securities will be issued on a preferential basis to new investors.
Why now? The company announced the deal on June 22, 2026, after its board approved the transaction.
The split structure lets the company secure capital now while giving investors the option to buy more shares later.
What could go wrong? The warrants only convert if investors choose to exercise them within 18 months.
That means a chunk of the expected proceeds — nearly INR 150 million — is not guaranteed.
The signal: Yash Highvoltage manufactures high-voltage transformer bushings and retrofit solutions, supplying the power engineering industry across more than 50 countries. As a breakout-stage company, the fresh capital — much of it tied to warrant conversions — points to ambitions to scale that global footprint further.
Read more: in.marketscreener.com
Image credit: "275kV to 132kV" by cowlet is licensed under CC BY 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by/2.0/.
