Neetu Yoshi Raises INR 27.48 Cr for Expansion, Secures INR 14.76 Cr Wagon Manufacturing Order

New Delhi [India], May 8: Neetu Yoshi Limited (BSE: 544434), one of the leading manufacturing customized products in various grades of ferro...

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PNN Verified Media or Organization • 16 Apr, 2026 Agency
May 9, 2026 • 12:30 PM  0
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Neetu Yoshi Raises INR 27.48 Cr for Expansion, Secures INR 14.76 Cr Wagon Manufacturing Order
“Neetu Yoshi Raises INR 27.48 Cr for Expansion, Secures INR 14.76 Cr Wagon Manufacturing Order”
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9 May 2026
https://en.sangritimes.com/spotlight/business/neetu-yoshi-raises-inr-2748-cr-for-expansion-secures-inr-1476-cr-wagon-manufacturing-order
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Neetu Yoshi Raises INR 27.48 Cr for Expansion, Secures INR 14.76 Cr Wagon Manufacturing Order
Neetu Yoshi Raises INR 27.48 Cr for Expansion, Secures INR 14.76 Cr Wagon Manufacturing Order

New Delhi [India], May 8: Neetu Yoshi Limited (BSE: 544434), one of the leading manufacturing customized products in various grades of ferrous metallurgical materials, including mild steel, spherical graphite iron, cast iron, and manganese steel, has announced key outcomes from its Board Meeting held on April 29, 2026, including approval of a preferential fund raise aimed at strengthening its next phase of growth.

Key Highlights of the Announcement:

  • Approved fund raising of ₹27.48 Cr through issuance of 26,42,400 convertible warrants 
  • Warrants convertible into equity shares of face value ₹5 each 
  • Issue price fixed at ₹104 per warrant 
  • Subject to shareholder and regulatory approvals

The preferential allotment includes participation from promoters as well as a diversified set of investors, reflecting continued confidence in the Company’s business outlook and long-term growth prospects.

PNN Verified Media or Organization • 16 Apr, 2026 Agency

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