Yash Highvoltage Limited, a manufacturer of transformer bushings for the power generation, transmission, and distribution sector, has approved a preferential issue aggregating up to approximately ₹151 crore, subject to shareholder and regulatory approvals.

The Board has approved the issuance of up to 12,62,131 equity shares and 8,32,177 convertible warrants, each convertible into one equity share, at an issue price of ₹721 per security.

The proposed issue has attracted participation from institutional investors, family offices, and long-term investors, reflecting strong confidence in the company’s business model and growth strategy.

According to the company, the funds raised will be deployed to support its next phase of expansion, including enhancement of manufacturing and testing infrastructure and strengthening its position in the power equipment ecosystem.

A key focus of the investment will be the expansion of its Resin Impregnated Paper (RIP) bushing manufacturing facility from 245 kV to the 550 kV category. This upgrade is expected to position Yash Highvoltage among a select group of manufacturers capable of serving the extra-high voltage transmission segment, significantly expanding its addressable market.

The company also plans to establish advanced assembly and high-voltage testing infrastructure, along with investments in engineering, product development, and certification capabilities to meet global standards.

In addition, Yash Highvoltage will undertake a brownfield expansion of its Oil-Impregnated Paper (OIP) bushing manufacturing facility to meet growing demand from transformer manufacturers, utilities, and infrastructure developers.

The company said the expansion is aligned with rising investments in India’s power sector, driven by renewable energy integration, grid modernization, and increasing electricity demand from industrial growth, EV infrastructure, and data centres.

Management stated that the capital infusion will strengthen manufacturing capabilities, broaden the product portfolio, and enhance the company’s long-term growth outlook.

Monarch Networth Capital Limited acted as the Exclusive Financial Advisor and Sole Investment Banker for the proposed preferential issue

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