ATMASTCO signs tech pact with COMBUSTECH for Bhilai projects

0 min read     Updated on 21 May 2026, 10:55 AM
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ATMASTCO Limited signed a technology collaboration agreement with COMBUSTECH Ltd., South Korea, on May 16, 2026, for projects at the Bhilai Steel Plant. The deal focuses on using advanced combustion technologies like Flameless Oxy-Fuel and Hybrid Hydrogen systems to improve efficiency and reduce emissions.

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ATMASTCO Limited has entered into a technology collaboration agreement with COMBUSTECH Ltd., South Korea, to execute projects at the Bhilai Steel Plant. The agreement, dated May 16, 2026, aligns with the company's strategy to strengthen its capabilities in high-end industrial furnace projects.

Collaboration Details

The partnership leverages COMBUSTECH's specialization in advanced, energy-efficient combustion and control solutions for industrial applications. The collaboration enables atmastco to utilize cutting-edge technology designed to enhance operational efficiency and significantly reduce emissions.

Technology Focus

COMBUSTECH’s offerings include Low NOx technologies, which are central to this agreement. The specific technologies involved are:

  • Flameless Oxy-Fuel
  • Regenerative systems
  • Hybrid Hydrogen systems

These solutions support sustainable engineering practices and are intended to improve the environmental performance of the projects at the Bhilai Steel Plant.

Strategic Alignment

This agreement marks a step forward in ATMASTCO Limited's execution capabilities. By integrating these advanced technologies, the company aims to deliver higher efficiency in its industrial furnace projects while adhering to sustainable engineering standards.

Historical Stock Returns for Atmastco

1 Day5 Days1 Month6 Months1 Year5 Years
-1.44%-3.30%+21.34%+3.20%-11.52%+85.66%

Could the COMBUSTECH collaboration serve as a template for ATMASTCO to pursue similar technology partnerships with other international firms for steel plants beyond Bhilai?

How might the adoption of Hybrid Hydrogen systems at Bhilai Steel Plant position ATMASTCO to capitalize on India's broader green hydrogen industrial push?

What is the potential financial impact on ATMASTCO's revenue and margins if the Bhilai Steel Plant project leads to a long-term exclusive technology licensing arrangement with COMBUSTECH?

Atmastco Defence Systems Secures BIS Certification for Level 6 Bulletproof Jackets, to Commence Commercial Production

1 min read     Updated on 12 May 2026, 09:12 AM
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Atmastco Defence Systems Private Limited, a wholly owned subsidiary of Atmastco Limited, has secured BIS 17051 2018 certification for its Level 6 Bulletproof Jackets from the Bureau of Indian Standards. The certification validates the products' compliance with stringent Indian quality and safety standards and is expected to strengthen the company's standing with institutional buyers, government agencies, and international partners. The company has announced that commercial production of the certified bulletproof jackets will commence following the receipt of this certification. The disclosure was made by Managing Director Subramaniam Swaminathan Iyer under Regulation 30 of the SEBI (LODR) Regulations, 2015.

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Atmastco Limited has announced that its wholly owned subsidiary, Atmastco Defence Systems Private Limited, has received Bureau of Indian Standards (BIS) 17051 2018 certification for Level 6 Bulletproof Jackets. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Following the receipt of this certification, the company is set to commence commercial production of the certified bulletproof jackets.

BIS Certification: A Key Milestone

The BIS 17051 2018 certification affirms that Atmastco Defence Systems' Level 6 Bulletproof Jackets meet the stringent quality and safety standards prescribed under Indian regulations. The key details of this development are outlined below:

Parameter: Details
Certifying Body: Bureau of Indian Standards (BIS)
Certification Standard: BIS 17051 2018
Product Certified: Level 6 Bulletproof Jackets
Entity Receiving Certification: Atmastco Defence Systems Private Limited
Relationship to Listed Entity: Wholly Owned Subsidiary of Atmastco Limited
Disclosure Regulation: Regulation 30, SEBI (LODR) Regulations, 2015
Announcement Date: May 11, 2025

This achievement is described by the company as a significant milestone in its growth trajectory, reinforcing its commitment to delivering high-quality, standards-compliant defence equipment to the Indian market and beyond.

Strengthening Defence Manufacturing Credentials

The certification is expected to enhance Atmastco Defence Systems' credibility with institutional buyers, government agencies, and international partners. The company is focused on the design, development, and manufacturing of advanced defence and protective solutions, and continues to invest in quality, compliance, and innovation to meet the evolving demands of the defence sector.

Management Commentary

Commenting on the development, the management stated:

"Receiving BIS certification for Level 6 bulletproof jackets is a major achievement for Atmastco Defence Systems. It reflects our technical capabilities, adherence to rigorous quality standards, and commitment to excellence in defence manufacturing. We are now focused on expanding our product offerings and market presence."

About Atmastco Defence Systems

Atmastco Defence Systems Private Limited is a wholly owned subsidiary of Atmastco Limited, headquartered in Bhilai, Chhattisgarh. The company is engaged in the design, development, and manufacturing of advanced defence and protective solutions. Atmastco Limited is an ISO 9001:2015, 14001:2015, and 45001:2018 certified quality-assured company.

Historical Stock Returns for Atmastco

1 Day5 Days1 Month6 Months1 Year5 Years
-1.44%-3.30%+21.34%+3.20%-11.52%+85.66%

Which government agencies or defence procurement bodies is Atmastco Defence Systems targeting as its first institutional clients for the BIS-certified Level 6 Bulletproof Jackets?

How does Atmastco Defence Systems plan to scale its manufacturing capacity to meet potential large-scale defence contracts, and what capital investments are being considered?

Will Atmastco pursue additional BIS or international certifications (such as NIJ standards) to expand its export potential beyond the Indian market?

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1 Year Returns:-11.52%