Neetu Yoshi Limited's Board has approved the allotment of 26.42 Lakh convertible warrants at ₹104 each, successfully raising ~₹27.48 Cr through a preferential issue.

Promoters acquired 6 Lakh warrants, with Non-Promoters investing 20.42 Lakh.

This capital infusion will significantly strengthen the company's financial position to accelerate growth, ramp up operations at its newly commissioned Haridwar manufacturing facility, and enhance order execution for precision-engineered railway and engineering components.

This strategic move underscores confidence in the company's long-term potential and commitment to shareholder value.