Neetu yoshi Limited's board of directors has approved a comprehensive fund raising proposal through the issuance of 26,42,400 convertible warrants into equity shares of face value Rs.5 each. The warrants will be issued to promoters and non-promoter entities on a preferential basis and private placement at an offer price of Rs.104 each, amounting to Rs.27,48,09,600. The issuance will be conducted in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and sections 23, 42, and 62 of the Companies Act, 2013, subject to shareholder and stock exchange approvals.

Investor Allocation Details

The convertible warrants will be allocated to 33 investors, including promoters and non-promoter entities. Subodh Lohia has been allocated 600,000 warrants, while Venturex Fund I receives 336,800 warrants. Other significant allocations include Swastika Investmart Limited (200,000 warrants), Vimal Kishore Parwal HUF (153,600 warrants), and Vijit Shares and Commodities Private Limited (100,000 warrants). The remaining warrants are distributed among various individual and institutional investors, with allocations ranging from 12,000 to 100,000 warrants each.

Extra-Ordinary General Meeting Schedule

The board has scheduled an Extra-Ordinary General Meeting (EOGM) on Monday, May 25, 2026, at 3.00 PM through video conferencing and other audio-visual means. The meeting will seek shareholder approval for the preferential issue of convertible warrants. Electronic voting facilities will be available to members holding shares in physical or demat mode as on the cut-off date of May 18, 2026. Remote e-voting will commence from May 22, 2026, at 9.00 AM and conclude on May 24, 2026, at 5.00 PM.

Governance and Compliance Measures

Ravi Shankar & Associates, Company Secretaries (Membership No. F11987, COP No. 18568), has been appointed as the scrutinizer for the e-voting results and EOGM proceedings. The board meeting, which commenced at 3.00 PM and concluded at 9.15 PM on April 29, 2026, was conducted in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company, formerly known as Neetu Yoshi Private Limited, maintains ISO 9001:2015, OHSAS 45001, and ISO 14001 certifications and holds RDSO Class 'A' approval status. The meeting notification was signed by Managing Director Himanshu Lohia.

Neetu Yoshi Limited has provided clarification to BSE Limited regarding significant price movement in its shares following the company's recent debt-free status announcement. The clarification was submitted on April 10, 2026, in response to the exchange's inquiry about unusual price behavior.

Complete Debt Repayment Achievement

The company had earlier announced a significant financial milestone by achieving debt-free status after completely repaying its outstanding bank borrowings. This disclosure was made on April 06, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

BSE Price Movement Clarification

In its response to BSE Limited, Neetu Yoshi Limited clarified that the recent price movement is purely market-driven and the company has no control over the same. The company emphasized that it has been regularly informing the exchange of all material events and price-sensitive information as required under applicable regulations.

Internal Accruals Fund Repayment

The repayment was executed entirely through internal accruals, highlighting the company's robust cash generation capabilities and prudent financial management. This approach demonstrates Neetu Yoshi Limited's ability to generate sufficient internal funds to meet its debt obligations without requiring external financing or equity dilution.

Financial Position Strengthening

The debt repayment delivers multiple financial benefits to the company including enhanced financial statements through elimination of debt obligations, improved debt-equity position with complete removal of bank debt, increased financial flexibility with debt-free status, and reduced finance costs through elimination of interest payments.

The company confirmed its commitment to continue informing the exchange of any material events or information as required under applicable regulations, maintaining transparency with stakeholders and regulatory compliance.