Yash Innoventures Limited Secures NA Approval for ₹120 Crore Real Estate Project

Yash Innoventures Limited (formerly Redex Protech Limited) has announced the successful receipt of NA (National Authority) permission for a significant real estate development project valued at ₹120 crore. This approval is a crucial step forward for the company, marking a significant milestone in its strategic growth plan.

The announcement was made following a board meeting held on February 4, 2026, at the company's registered office. The meeting, which lasted approximately 30 minutes, focused on the approval of the company's unaudited financial results for the third quarter of fiscal year 2026. The financial results were meticulously reviewed and approved, ensuring compliance with all regulatory requirements.

The primary agenda item during the board meeting was the approval of the unaudited financial results for the quarter ending December 31, 2025. The results were accompanied by a Limited Review Report issued by the company's Statutory Auditor, which confirmed adherence to regulatory standards.

The announcement adheres to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The communication was directed to the General Manager (DCS) at BSE Limited, where Yash Innoventures Limited is listed under the stock code BSE: 523650. This ensures transparency and accountability to stakeholders and the market.

The board meeting outcome was formally signed by Mr. Gnanesh Rajendrabhai Bhagat, the Managing Director of Yash Innoventures Limited, who holds DIN: 00115076. The company's registered office is located at Parshwanath Business Park, Corporate House No.3, Opp. Prahladnagar Auda Garden, Anandnagar Road, Ahmedabad 380015.

Yash Innoventures Limited has demonstrated strong performance in the stock market, with notable returns over various periods. The company's stock has shown a 9.20% increase over the past day, a slight dip of 0.62% over the past five days, a robust 34.38% gain over the past month, a 15.92% increase over the past six months, a 52.98% rise over the past year, and a 32.91% gain over the past five years.

This NA approval is a significant boost for Yash Innoventures Limited, as it positions the company to capitalize on the growing demand for real estate developments. The project is expected to enhance the company's portfolio and contribute to its long-term growth and profitability.