Neetu Yoshi Secures Purchase Order from South East Central Railway for Bogie Component Supply
Neetu Yoshi Ltd has secured a significant purchase order from the South East Central Railway, establishing a contract for the manufacture and supply of specialized bogie components. The domestic transaction involves supplying Centre Pivot Top for CASNUB 22 HS (Mod-I) Bogie to RDSO.The order represents a material contract award for Neetu Yoshi Ltd. The services involve the manufacture and subsequent supply of the specified component to the Railway entity.
Key details regarding the contract are summarized below:
| Detail | Information |
|---|---|
| Client Entity | South East Central Railway (Domestic) |
| Nature of Contract | Purchase Order for Centre Pivot Top manufacture and supply |
| Contract Value | Rs. 2,99,56,188/- (Rupees Two Crore Ninety-Nine Lakh Fifty-Six Thousand One Hundred Eighty-Eight only) |
| Execution Timeline | Deliveries are scheduled in phased lots up to July 31, 2027, commencing immediately. |
The agreement confirms that the South East Central Railway is the entity awarding the order and has no interest related to the company's promoters or promoter group companies. The contract falls outside the scope of related party transactions.
Stock Price Movement
Shares of Neetu Yoshi Ltd settled at ₹170.85 after the market close on Tuesday, pushing the stock up 2.00%. Throughout the trading session, shares experienced movement between an intraday low of ₹164.05 and a high of ₹175.85.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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