Neetu Yoshi Ltd Secures RDSO Approval for Manufacturing Constant Contact Side Bearer
Neetu Yoshi Ltd has achieved a significant milestone in the railway component manufacturing sector, successfully receiving a Final Decision Letter from the Research Designs and Standards Organisation (RDSO) under the Ministry of Railways.The approval confirms that the company's manufacturing facility, located in Haridwar, Uttarakhand, has been approved and included in the RDSO Vendor Directory. The approval pertains specifically to the manufacturing of Constant Contact Side Bearer for freight Bogies.
The company has been granted an approved manufacturing capacity of 112,200 units per annum under the Developmental Vendor Category.
This registration is a critical development for Neetu Yoshi Ltd, as it enables the company to participate in vital procurement processes, tenders, and supply programs. These opportunities are available through RDSO-approved railway production units and zonal railways for the specified side bearer item.
The management noted that this approval is set to strengthen the company's presence in the railway component manufacturing segment, enhancing future business opportunities with Indian Railways. The company's Managing Director, Himanshu Lohia, confirmed the achievement.
Stock Price Movement
As of 12:04, Neetu Yoshi Ltd shares are edging higher at ₹108.90, up 3.03%. The stock has seen movement throughout the day, trading between a low of ₹104.00 and a high of ₹109.00.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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