Latest news with #YogiLimited
Business Upturn
16 hours ago
- Business
- Business Upturn
Yogi receives Rs 46.21 crore purchase orders from Companion Vinimay Trading
By Aditya Bhagchandani Published on July 21, 2025, 19:30 IST Yogi Limited announced on Monday (July 21, 2025) that it has secured fresh purchase orders worth approximately ₹46.21 crore from Companion Vinimay Trading Private Limited. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the company's filing with BSE, the orders cover the supply and delivery of a complete set of industrial equipment, which includes: Structure Assembly Head Assembly Rotary Table & Electrical Accessories Tool Changer & Additional Axis Accessories The company informed that the purchase orders were awarded by a domestic entity and are expected to be executed within approximately 15 days. The orders carry standard terms relating to quality, delivery schedule, and mutually agreed pricing. Yogi Limited also clarified that neither the promoter group nor related parties have any interest in the contracting entity, and the transaction does not qualify as a related party transaction. The order value of ₹46.21 crore is exclusive of taxes. Commenting on the development, Managing Director Ghanshyambhai Nanjibhai Patel signed off the announcement from the company's Mumbai office, indicating the company's commitment to timely execution. This order strengthens Yogi Limited's industrial equipment segment and is expected to contribute positively to its near-term revenues. Disclaimer: The information provided is based on company filings and is intended for informational purposes only. Investors are advised to do their own research or consult a financial advisor before making any investment decisions. Neither the author nor the publisher is responsible for any actions taken based on this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
08-07-2025
- Business
- Business Upturn
Yogi shares rise nearly 3% after Rs 80 crore order from Companion Vinimay Trading
By Aditya Bhagchandani Published on July 8, 2025, 09:26 IST Shares of Yogi Limited advanced by almost 3% in early trade on Tuesday, July 8, following the company's announcement of a significant purchase order worth ₹80 crore. The stock traded at ₹166.20 on the BSE, up ₹4.75 from its previous close of ₹161.45. In a regulatory filing with the BSE on Monday, July 7, the company informed that it secured a domestic order from Companion Vinimay Trading Private Limited for the supply of industrial equipment. The order, valued at approximately ₹80 crore (excluding taxes), is expected to be executed within 15 days. The order includes supplying structure assemblies, head assemblies, rotary tables, electrical accessories, tool changers, additional axes, and other accessories. Yogi Limited noted that the transaction is on standard commercial terms with mutually agreed pricing, and neither the promoter group nor group companies have any interest in the awarding entity, confirming it is not a related-party transaction. The filing, signed by Company Secretary Jessica Haresh Gandhi, highlighted that the products will be delivered within the agreed timeline and quality standards. This order highlights Yogi Limited's operational strength in the industrial components sector and its ability to execute sizable contracts on tight schedules. At the time of writing, Yogi Limited had a market capitalization of ₹6.59 billion, with shares trading in the day's range of ₹166.50 to ₹170.10. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
07-07-2025
- Business
- Business Upturn
Yogi secures Rs 80 crore purchase order from Companion Vinimay Trading
By Aditya Bhagchandani Published on July 7, 2025, 21:48 IST Yogi Limited announced on Monday, July 7, that it has received a purchase order worth approximately ₹80 crore (excluding taxes) from Companion Vinimay Trading Private Limited for supplying industrial equipment. In a regulatory filing with BSE under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, the company said the order includes supplying and delivering the following components: Structure Assembly Head Assembly Rotary Table & Electrical Accessories Tool Changer & Additional Axis Accessories The order is domestic in nature and is expected to be executed within 15 days. Yogi Limited confirmed that the order includes standard terms regarding quality, delivery schedule, and mutually agreed pricing. The company clarified that the promoter, promoter group, or group companies have no interest in the entity awarding the order, and the transaction does not fall under related-party transactions. The filing, signed by Company Secretary Jessica Haresh Gandhi, noted that the products will be delivered as per the agreed timeline and terms. This order underscores Yogi Limited's operational strength in the industrial components sector and its ability to deliver large orders within tight schedules. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
