Innomet Advanced Materials secures USD 222,290 export order from Israel

1 min read     Updated on 03 Jun 2026, 08:54 AM
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Innomet Advanced Materials secured an export order worth USD 222,290 from Scope Metals Group Ltd., Israel for Tungsten Alloy Sintered Plates and Tungsten Sintered Test Cubes. Delivery is set for September 22, 2026. The order is not a related party transaction.

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Innomet Advanced Materials has secured an export purchase order worth USD 222,290 from Scope Metals Group Ltd., Israel. The order involves the supply of Tungsten Alloy Sintered Plates and Tungsten Sintered Test Cubes, marking a significant development for the company's Tungsten THA division. The aggregate consideration is approximately Rs. 2 Crores, subject to prevailing exchange rates.

The delivery of the order is scheduled on or before September 22, 2026, as per the terms specified in the purchase order. This international order underscores the company's capability to compete in the global market for advanced materials. The transaction was disclosed to the National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Saritha Devi Chilakapati, Whole-Time Director & CFO, confirmed the receipt of the order bearing number 4600051964. The disclosure was made in compliance with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company confirmed that the order does not involve any related party transactions.

The following table details the key aspects of the transaction:

Sr. No. Particulars Details
1. Name of the entity awarding the order Scope Metals Group Ltd., Israel
2. Significant terms and conditions Export Purchase Order for supply of Tungsten Alloy Sintered Plates and Tungsten Sintered Test Cubes
3. Nature of order Export Purchase Order received for Tungsten THA division
4. Time period for execution Delivery scheduled on or before September 22, 2026
5. Broad consideration USD 222,290 (approximately Rs. 2 Crores, subject to exchange rate variation)

The promoters, promoter group, or group companies do not hold any interest in the entity that awarded the order. The filing confirms that the transaction is an arm's length deal with no related party implications. The order is expected to contribute to the company's revenue during the current financial year.

Historical Stock Returns for Innomet Advanced Materials

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+10.72%+1.54%-12.08%-45.94%-53.66%

Will this order pave the way for Innomet to secure additional contracts from Scope Metals Group or other international clients?

How will the company manage foreign exchange risks given the long delivery timeline and fluctuating currency rates?

What are the expected profit margins on this order compared to Innomet's domestic business?

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Innomet Advanced Materials accepts resignation of Company Secretary

1 min read     Updated on 02 Jun 2026, 10:02 AM
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Innomet Advanced Materials Limited announced the resignation of Company Secretary & Compliance Officer Ms. Aanchal Sethia effective June 1, 2026. The resignation, submitted to pursue new professional opportunities, was disclosed under SEBI regulations. The company confirmed no other material reasons were cited for the departure.

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Innomet Advanced Materials Limited announced the resignation of its Company Secretary & Compliance Officer, Ms. Aanchal Sethia, effective from the close of business hours on June 1, 2026. The executive resigned to pursue new professional opportunities outside the organization. The company confirmed there are no other material reasons for her departure beyond those stated in her resignation letter.

The disclosure was made to the National Stock Exchange of India under Regulation 30 read with para “A” of part “A” of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, regarding the intimation of the change in Key Managerial Personnel.

Ms. Aanchal Sethia held the membership number ACS 58422. In her resignation letter addressed to the Board of Directors, she requested that the necessary forms be filed with the Registrar of Companies and other statutory authorities to give effect to her resignation. She expressed gratitude to the Board and colleagues for their support during her tenure.

The filing was signed by Whole-time Director Saritha Devi Chilakapati. The company is headquartered at B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram, Medak, Hyderabad.

Details of Resignation

Particulars Details
Reason for change Resignation to pursue new professional opportunities
Date of cessation June 1, 2026 (from close of business hours)
Brief profile NA
Disclosure of relationships NA

Historical Stock Returns for Innomet Advanced Materials

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+10.72%+1.54%-12.08%-45.94%-53.66%

Who will Innomet appoint as the successor to ensure continuity in compliance and secretarial functions?

How might the transition in key managerial personnel impact the company's upcoming regulatory filings?

Will the resignation of the Company Secretary influence any pending corporate governance decisions?

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