ALPHA TRIBE

Neetu Yoshi LtdImportant, 27-08-2026: Company Update

27-08-2026 | 03:41 pm

Neetu Yoshi Ltd's Board has approved the allotment of 26,42,400 convertible warrants at Rs 104 each on a preferential basis to promoters and other investors. These warrants are convertible into an equal number of equity shares at any time within 18 months from allotment. This action represents a potential capital infusion of approximately Rs 27.48 Cr for the company upon full conversion. An initial 25% payment of the warrant price, amounting to approximately Rs 6.86 Cr, has already been received, strengthening the company's financial position.

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