Neetu Yoshi Ltd Secures Purchase Order for Supply of Cast Steel Bearing Plates
Neetu Yoshi Limited has secured a significant purchase order from an India based Manufacturer, marking a major contract win in the industrial supply sector. The order pertains to the manufacturing and supply of specialized Cast Steel Bearing Plates, which must adhere strictly to RDSO specifications.The contract awarded by the domestic entity represents a substantial business development for Neetu Yoshi Ltd. The plates are required to be duly heat treated and machined according to the necessary RDSO drawings and specifications.
According to details provided regarding the transaction, there are no conflicts of interest involved. The manufacturer awarding the order holds no financial interest in the promoter or promoter group of Neetu Yoshi Limited, and the contract does not constitute a related party transaction.
Key commercial terms and details regarding this domestic manufacturing supply contract include:
| Particulars | Details |
|---|---|
| Entity Awarding Order | India based Manufacturer (Domestic) |
| Nature of Contract | Manufacturing and supply of Cast Steel Bearing Plates |
| Order Value | Approximately INR 7.39 Crores (inclusive of GST) |
| Execution Deadline | On or before 30 June 2026 |
The order contract specifies that the company must supply the Cast Steel Bearing Plates in compliance with RDSO specifications. The final value of the transaction is noted to be subject to slight variation, potentially between 1% and 2%, depending on the actual weight and related contractual adjustments.
Stock Price Movement
As of 12:55, Neetu Yoshi Ltd. is edging higher in active trading, currently set at ₹145.85, which registers a gain of +1.85%. Shares are demonstrating intraday movement, having traded between a low of ₹141.05 and an intra-day high of ₹146.50.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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