Ameenji Rubber wins Rs 4.19 Cr order from Southern Railway

1 min read     Updated on 22 Jul 2026, 01:17 PM
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Jubin VScanX News Team
AI Summary

Ameenji Rubber Limited secured a Rs 4.19 crore purchase order from Southern Railway for supplying rubber sole plates, with a rate contract valid until March 31, 2027. The order involves manufacturing 6 mm thick Nylon Cord Reinforced Grooved Rubber Sole Plates per RDSO specifications. The company confirmed the transaction is not with related parties.

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ameenji rubber has secured a purchase order worth Rs.4,19,81,450 from Southern Railway for the supply of rubber sole plates. The order entails the manufacture and supply of 6 mm thick Nylon Cord Reinforced Grooved Rubber Sole Plates conforming to RDSO specifications. The rate contract associated with this order is valid up to March 31, 2027.

The purchase order was awarded by the Office of the Principal Chief Materials Manager, Southern Railway, a domestic entity. The company stated that the execution will follow a phased delivery schedule as specified in the order document.

Ameenji Rubber Limited 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. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

Particulars Details
Name of the entity awarding the order Office of the Principal Chief Materials Manager, Southern Railway
Nature of the order Purchase Order
Brief details of the order Manufacture and supply of 6 mm thick Nylon Cord Reinforced Grooved Rubber Sole Plates conforming to the applicable RDSO specifications and technical requirements
Total value of the order Rs.4,19,81,450/-
Time period for execution As per phased delivery schedule; Rate Contract valid up to 31 March 2027
Related party transaction No

Historical Stock Returns for Ameenji Rubber

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+0.36%+6.49%+19.23%+31.54%+31.54%

How will this order impact Ameenji Rubber's revenue and profitability over the next few years?

What are the potential challenges in meeting the phased delivery schedule for this order?

Could this order lead to further contracts with other railway zones or similar entities?

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
0.0%+0.36%+6.49%+19.23%+31.54%+31.54%

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?

More News on Ameenji Rubber

1 Year Returns:+31.54%