Ameenji Rubber secures exclusive tech license from Macroad
Ameenji Rubber Limited signed a Technology License Agreement with Macroad Co., Ltd., Republic of Korea, on July 16, 2026, for exclusive rights to manufacture and sell licensed products in India. The deal involves an initial fee of USD 300,000 and a 2.5% royalty on net sales, with a five-year tenure aimed at boosting the company's technological capabilities.

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Ameenji Rubber Limited has secured an exclusive technology licence from Macroad Co., Ltd., Republic of Korea, to manufacture, market, and sell specified licensed products in India. The agreement, signed on July 16, 2026, is expected to enhance ameenji rubber 's technology base and enable it to produce the licensed products domestically.
The financial terms of the deal include an initial technology license fee of USD 300,000, payable in phases. Additionally, the company will pay a running royalty of 2.5% of the Net Sales Amount of the licensed products, subject to the terms of the Agreement. The transaction is not a related party transaction, and the promoter group has no interest in the entity awarding the order.
Agreement Details
The Technology License Agreement grants Ameenji Rubber Limited exclusive rights to use the licensed technology within India. The arrangement is set to last for an initial period of five years from the Effective Date, with provisions for extension in accordance with the agreed terms.
| Particulars | Details |
|---|---|
| Parties | Ameenji Rubber Limited (Licensee) and Macroad Co., Ltd., Republic of Korea (Licensor) |
| Purpose | Exclusive technology licence for manufacturing, marketing, and sale of licensed products |
| License Fee | USD 300,000 payable in phases |
| Royalty | 2.5% of Net Sales Amount of licensed products |
| Duration | Five years from the Effective Date |
| Related Party Transaction | No |
The disclosure was submitted to BSE Limited in compliance with Regulation 30 read with Paragraph B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mufaddal Najmuddin Deesawala, Managing Director, signed the disclosure on behalf of the company.
Historical Stock Returns for Ameenji Rubber
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.21% | +0.68% | 0.0% | +16.67% | +32.01% | +32.01% |
What is the market size and demand potential for the licensed products in India?
How will the phased payment of the USD 300,000 license fee impact Ameenji Rubber's short-term cash flow?
What are the specific criteria and conditions for extending the agreement beyond the initial five-year term?



























