Neetu Yoshi Limited , a company in the railway component manufacturing sector, has achieved a significant milestone in its business expansion efforts. The company has received approval from the Integral Coach Factory (ICF), Chennai, for its Buffer Assembly for Coaches and has been included in ICF's Vendor Directory.

Key Developments

• Approval Received: Neetu Yoshi Limited has been approved by ICF, Chennai for Buffer Assembly for Coaches.
• Vendor Directory Inclusion: The company has been added to ICF's Vendor Directory.
• Supply Eligibility: This approval enables Neetu Yoshi Limited to participate in tenders and supply contracts for Indian Railways.
• Current Status: The company is presently in the developmental-vendor category.

Impact and Outlook

While the immediate financial impact of this development is not expected to be material, it marks a significant step for Neetu Yoshi Limited in the railway coach component segment. The company anticipates that this approval may:

1. Strengthen its credentials in the industry
2. Enhance business opportunities in the medium term
3. Expand its presence in the railway coach component market

Supply Commencement

The commencement of supplies will be subject to:

• Approval conditions
• Participation in tenders
• Further requirements as per Indian Railways' procurement processes

Regulatory Compliance

This information has been disclosed by Neetu Yoshi Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to the BSE Limited (SME Platform).

As the railway sector continues to evolve and modernize, companies like Neetu Yoshi Limited are positioning themselves to contribute to and potentially benefit from the growth in this critical infrastructure segment.

Neetu Yoshi Limited has resubmitted an announcement regarding the resignation of its Company Secretary and Compliance Officer, Mr. Pranjul Gupta, following scrutiny from the Bombay Stock Exchange (BSE). The company's handling of this corporate governance matter has brought attention to its internal compliance processes.

Resignation Details

Mr. Pranjul Gupta resigned from his position as Company Secretary and Compliance Officer of Neetu Yoshi Limited, effective August 11, 2025. The company initially announced the resignation on August 13, 2025, two days after the effective date.

BSE Intervention

The BSE, on August 14, 2025, pointed out that the company's initial announcement lacked required details as per the SEBI Circular No. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023. Additionally, the exchange sought clarification on the delay in reporting the resignation within the mandated 24-hour timeframe.

Company's Response

In its resubmission dated August 27, 2025, Neetu Yoshi Limited addressed the concerns raised by the BSE:

1. Reason for Delay: The company explained that the delay in informing the exchange occurred because no Company Secretary was in place immediately after Gupta's resignation to handle the filing.

2. Resignation Reason: Mr. Gupta resigned due to better opportunities elsewhere.

3. Compliance Improvement: Neetu Yoshi Limited has committed to strengthening its internal compliance processes to ensure timely disclosures in the future.

Management Statement

Himanshu Lohia, the Managing Director of Neetu Yoshi Limited, signed the resubmission, expressing regret for the delay and confirming the company's commitment to improved compliance.

Regulatory Implications

This incident highlights the importance of adhering to SEBI's disclosure requirements, particularly Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also underscores the need for companies to have robust systems in place to handle key personnel transitions without compromising regulatory compliance.

Neetu Yoshi Limited's experience serves as a reminder to other listed companies about the critical nature of timely and complete disclosures in maintaining market transparency and investor trust.