Yash Innoventures Limited (BSE:523650) entered a scheme of arrangement to acquire Yash Shelters Limited on December 8, 2022. Yash Innoventures will issue 32 shares for each share in Yash Shelter. As of December 8, 2022, the board of Yash Innoventures has approved the transaction.

As of June 19, 2023, NCLT has issued its no objection to the transaction.