{"id":71213,"date":"2026-08-11T10:36:40","date_gmt":"2026-08-11T05:06:40","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2026\/08\/11\/neetu-yoshi-limited-announces-commencement-of-commercial-production-at-its-new-manufacturing-facility-in-haridwar\/"},"modified":"2026-08-11T10:36:40","modified_gmt":"2026-08-11T05:06:40","slug":"neetu-yoshi-limited-announces-commencement-of-commercial-production-at-its-new-manufacturing-facility-in-haridwar","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2026\/08\/11\/neetu-yoshi-limited-announces-commencement-of-commercial-production-at-its-new-manufacturing-facility-in-haridwar\/","title":{"rendered":"Neetu Yoshi Limited Announces Commencement of Commercial Production at Its New Manufacturing Facility in Haridwar"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\"><strong>Dehradun (Uttarakhand) [India], August 8: Neetu Yoshi Limited (BSE: 544434)<\/strong>,\u00a0a leading RDSO-certified manufacturer of customized ferrous metallurgical products, is pleased to announce that the Company is scheduled to commence commercial production at its new manufacturing facility with effect from September 13, 2026. The facility has been established utilizing the proceeds of the Company\u2019s Initial Public Offering (IPO), in accordance with the Objects of the Offer as disclosed in the Prospectus.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Key Highlights:\u00a0<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li><strong>New Manufacturing Facility<\/strong>: Established at Khasra No. 433, Chudiyala Mohanpur, Bhagwanpur, Haridwar, Uttarakhand \u2013 247661\u00a0<\/li>\n<li><strong>Commercial Production<\/strong>: Scheduled to commence with effect from September 13, 2026\u00a0<\/li>\n<li><strong>IPO Proceeds Utilisation<\/strong>: Facility funded through IPO proceeds in accordance with the Objects of the Offer<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\"><strong>A Strategic Leap Forward<\/strong><\/h3>\n<p class=\"wp-block-paragraph\">The commissioning of the Haridwar plant represents a key milestone in Neetu Yoshi Limited\u2019s expansion strategy. The additional capacity is expected to nearly double the Company\u2019s manufacturing capabilities, enabling it to address a larger and more diversified order pipeline across the railway and engineering sectors. Backed by sustained investments in India\u2019s railway infrastructure and modernisation initiatives, the expansion strengthens the Company\u2019s ability to meet evolving customer requirements while supporting its long-term growth objectives.<\/p>\n<p class=\"wp-block-paragraph\">The expansion reflects the Company\u2019s disciplined deployment of IPO proceeds in line with the Objects of the Offer. With India\u2019s railway sector witnessing sustained investments and capacity expansion, Neetu Yoshi Limited is well positioned to capitalise on the growing demand for high-quality railway castings and components while strengthening its competitive position and delivering long-term value to stakeholders.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Commenting on the milestone,\u00a0Mr. Himanshu Lohia, Managing Director cum Chief Financial Officer,\u00a0Neetu Yoshi Limited,\u00a0said<\/strong>,<em> \u201cThe commencement of commercial production at our new Haridwar plant represents an important step in strengthening Neetu Yoshi Limited\u2019s manufacturing platform and supporting our long-term growth strategy. Developed through the prudent utilisation of IPO proceeds, the expansion reinforces our commitment to disciplined execution and positions us to serve our customers with greater scale, efficiency, and reliability.<\/em><\/p>\n<p class=\"wp-block-paragraph\"><em>We have chosen\u00a0September 13, 2026 \u2013\u00a0the 52nd birth anniversary of our Late mother, Mrs. Neetu Lohia-as the date to commence commercial production. Her vision, values, and unwavering dedication to excellence laid the foundation of Neetu Yoshi Limited, making this occasion a fitting tribute to her enduring legacy. As we embark on this new chapter, we remain committed to creating sustainable, long-term value for all our shareholders and stakeholders.\u201d<\/em><\/p>\n<h3 class=\"wp-block-heading\"><strong>About Neetu Yoshi Limited<\/strong><\/h3>\n<p class=\"wp-block-paragraph\">Neetu Yoshi Limited (NYL) is a metallurgical engineering firm specializing in customized ferrous products, including mild steel, spherical graphite iron, cast iron, and manganese steel, ranging from 0.2 kg to 500 kg. It is an RDSO-certified vendor for over 25 casting products for Indian Railways and holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications for quality, environmental, and occupational health &amp; safety management.<\/p>\n<p class=\"wp-block-paragraph\">With advanced technology, skilled manpower, and strong technical capabilities, the company ensures efficient manufacturing of high-quality, customized products. Its expertise and infrastructure enable consistent productivity and cost-effective operations.<\/p>\n<p class=\"wp-block-paragraph\">For FY26, the Company has reported Total Income of\u00a0\u20b9101.59 Cr, EBITDA of\u00a0\u20b933.87 Cr &amp; Net Profit of\u00a0\u20b925.01 Cr on a consolidated basis.<\/p>\n<p class=\"wp-block-paragraph\"><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dehradun (Uttarakhand) [India], August 8: Neetu Yoshi Limited (BSE: 544434),\u00a0a leading RDSO-certified manufacturer of customized ferrous metallurgical products, is pleased to announce that the Company is scheduled to commence commercial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":71214,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":2},"categories":[4],"tags":[54],"class_list":["post-71213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/71213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=71213"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/71213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/71214"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=71213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=71213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=71213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}