Neetu Yoshi

Neetu Yoshi received prototype approval from the Research Designs and Standards Organisation for its friction wedge with a specified range of coefficient of friction (Item ID 3100430). The approval made the company eligible to supply the component to Indian Railways and its associated agencies. The friction wedge was a critical safety casting used in the new-generation high-speed Raftar bogie design. The company operated a single integrated Class A foundry at Bhagwanpur with capacity of 8,087 tonnes per annum and derived almost all of its revenue from railways. It held more than 25 RDSO-approved safety parts and carried an order book of about Rs 140-150 crore executable in FY27. Revenue was Rs 98.3 crore in FY26, and its new Haridwar bogie, coupler and track unit was scheduled to begin commercial production on 13 September 2026.

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Neetu Yoshi allotted 26,42,400 convertible warrants at ₹104 each on a preferential basis to promoter and non-promoter investors, representing about ₹27.48 crore of potential proceeds. The issue was fully subscribed by 33 allottees, and 25% of the warrant price was received before allotment. Each warrant was convertible into one equity share within 18 months of allotment. The warrants were intended to support track-section working capital. Neetu Yoshi's FY26 total income was ₹101.59 crore, with nearly all revenue tied to the Indian Railways ecosystem.

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Aug 7 (Reuters) - Neetu Yoshi Ltd NEET.BO:

• NEETU YOSHI - TO COMMENCE COMMERCIAL PRODUCTION AT NEW FACILITY FROM SEPT 13, 2026

Source text: ID:nBSE3h4X4S

Further company coverage: NEET.BO

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Neetu Yoshi Limited has received a purchase order aggregating roughly ₹17.12 crore from Integral Coach Factory, Chennai, and an unnamed India-based manufacturer to produce axle box housings and several railway track components. The contract covers the manufacture and supply of finish-machined axle box housings, cast steel bearing plates, cast steel slide chairs, and cast steel insulated tie plates, all conforming to RDSO specifications. Deliveries are scheduled as immediate and phased, with execution stretching from 1 October 2026 through 30 September 2027. The company will be subject to inspection by the designated agency and must meet the contractual warranty terms. No promoter or related-party conflict of interest exists in the award, and the transaction is conducted on an arm's-length basis. For the micro-cap listed on the BSE SME platform, the order represents a notable addition to its railway component portfolio and follows a series of recent approvals and smaller contracts.

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Neetu Yoshi Ltd has received a purchase order valued at approximately ₹7.39 crores (inclusive of GST) from an India-based manufacturer for the supply of Cast Steel Bearing Plates. The order, which is to be executed by June 30, 2026, involves the manufacturing and supply of heat-treated and machined bearing plates conforming to RDSO specifications. The counterparty is a domestic entity with no promoter or related-party interest in Neetu Yoshi. This is the company's second notable order win in recent weeks, following a ₹14.76 crore order for cast steel blocks received in May 2026. Neetu Yoshi, a nano-cap listed on the BSE SME platform, has been actively expanding its product approvals and order book in the railway equipment space.

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June 18 (Reuters) - Neetu Yoshi Ltd NEET.BO:

• NEETU YOSHI LTD- GETS ORDER WORTH 73.9 MILLION RUPEES

Source text: ID:nBSE2B9Cvl

Further company coverage: NEET.BO

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Neetu Yoshi Ltd has received a communication from Rail Coach Factory, Kapurthala, confirming its Capacity-Cum-Capability Assessment for the manufacturing of Brake Support for FIAT Bogie. The assessment, which validates the company's technical capability and infrastructure, is valid for four years up to 13 April 2030 or until any specification change. The approval qualifies Neetu Yoshi to participate in procurement opportunities for the approved product, strengthening its presence in the railway components segment. No financial terms or order values were disclosed. The company, a nano-cap listed on the BSE SME platform, has recently secured other railway approvals and orders.

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May 5 (Reuters) - Neetu Yoshi Ltd NEET.BO:

• NEETU YOSHI LTD - GETS ORDER WORTH 147.6 MILLION RUPEES

Source text: ID:nBSE4cPKtw

Further company coverage: NEET.BO

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