Arfin India Limited has secured an order valued at ₹300 crore from its distributor JFE Shoji India Private Limited for the supply of aluminium deoxidising products. The order, received on June 19, 2026, entails the supply of 7,400 MT of Primary Shots/Cubes, Secondary Aluminium Ingots, and Secondary Aluminium Wire Rod. This contract is scheduled to be executed up to September 2026 and is inclusive of GST.

Contract Details

The following table summarises the key parameters of the contract award:

JFE Shoji India Private Limited is a domestic entity of JFE Shoji Corporation, Japan. The company confirmed that the order does not fall within related party transactions and that none of the promoter, promoter group, or group companies have any interest in the entity awarding the order.

Arfin Titanium & Speciality Alloys Limited, a wholly owned subsidiary of Arfin India Limited , has exchanged a Memorandum of Understanding (MOU) with Toyo Denka Kogyo Co. Ltd., JFE Shoji Corporation, and JFE Shoji India Pvt. Ltd. to establish a strategic business collaboration. The agreement, signed on June 17, 2026, aims to explore opportunities relating to the manufacture, supply, distribution, and promotion of products, thereby creating a reliable long-term supply chain. This collaboration is intended to leverage technical support from Toyo Denka and the commercial distribution capabilities of the JFE Shoji entities to strengthen market development.

The MOU outlines that Arfin Titanium & Speciality Alloys Limited proposes to manufacture products in India with technical support from Toyo Denka. Meanwhile, the JFE Shoji entities will coordinate commercial distribution and supply-chain activities. The parties have agreed to explore long-term business opportunities and market development as part of this strategic partnership.

The agreement has an initial term of one year with automatic renewal for successive one-year terms unless terminated in accordance with the MOU. The company confirmed that the transaction does not fall within related party transactions and that the promoter, promoter group, or group companies have no interest in the entities with whom the MOU is entered.

The intimation was submitted to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mahendra R. Shah, Chairman & Whole-time Director of Arfin India Limited, signed the disclosure.

Key Details of the MOU

The following table summarises the key terms and parameters of the MOU entered into by the parties: