Ameenji Rubber secures exclusive tech license from Macroad

1 min read     Updated on 16 Jul 2026, 03:26 PM
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Reviewed by
Naman SScanX News Team
AI Summary

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 Day5 Days1 Month6 Months1 Year5 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?

Ameenji Rubber wins ₹3.44 Cr order from South Central Railway

1 min read     Updated on 08 Jul 2026, 12:50 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

Ameenji Rubber Limited secured a ₹3.43 crore supply order from South Central Railway for Composite Rubber Sole Plates. The order must be executed within seven months and is not a related party transaction.

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ameenji rubber has secured a supply order worth ₹3,43,80,976.05 from the South Central Railway (SCR) for the provision of Composite Rubber Sole Plates. The order, received via email on July 3, 2026, is expected to strengthen the company's order book and contribute positively to its business operations. The contract involves supplying 6.2 mm Composite thick plates with horns for 60 kg PSC sleepers, conforming to specific IRS specifications.

Order Details

The supply order was awarded by the Office of the Principal Chief Material Manager, South Central Railway, a domestic entity. The company confirmed that the transaction does not fall within related party transactions and that the promoter group has no interest in the entity awarding the order.

Particulars Details
Name of Client Office of the Principal Chief Material Manager, South Central Railway (SCR)
Nature of Order Supply Order
Total Value ₹3,43,80,976.05
Execution Period Within Seven Months from the date of order
Related Party Transaction No

The disclosure was submitted to the BSE on July 4, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mufaddal Najmuddin Deesawala, Managing Director, signed the disclosure.

Historical Stock Returns for Ameenji Rubber

1 Day5 Days1 Month6 Months1 Year5 Years
-3.21%+0.68%0.0%+16.67%+32.01%+32.01%

How will this order impact Ameenji Rubber's revenue growth for the current fiscal year?

What are the company's plans to manage production capacity to meet the seven-month execution deadline?

Could this order lead to more contracts from other railway zones or similar government entities?

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