Innomet Advanced Materials wins $4,63,200 order from Scope Metals Group

1 min read     Updated on 01 Jul 2026, 09:23 AM
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AI Summary

Innomet Advanced Materials Limited secured a $4,63,200 purchase order from Scope Metals Group Ltd, Israel, for tungsten products. The order, valued at ₹4,38,39,795, was received on June 29, 2026, and is part of the company's ordinary business operations.

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Innomet Advanced Materials Limited has secured a purchase order worth $4,63,200 from Scope Metals Group Ltd, an Israel-based company. The order, received on June 29, 2026, is for the supply of tungsten products and is valued at ₹4,38,39,795. This international order is part of the company's ordinary course of business and involves the delivery of Tungsten Class 2-Sintered Square Cube and Test Cube products according to specific ASTM and AMS standards.

Order Details

The purchase order, numbered 4600052193, was awarded by Scope Metals Group Ltd, a non-listed international entity. The company confirmed that the counterparty is not a group company of any Indian listed entity and that the transaction is not a related party transaction. The delivery of the order is required to be made in accordance with the schedule specified in the purchase order.

Financial and Regulatory Disclosures

The disclosure was made to the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Saritha Devi Chilakapati, Whole-Time Director & CFO of Innomet Advanced Materials Limited. The company confirmed that neither the promoters nor the group companies have any interest in the entity awarding the order.

Key Order Information

Parameter Details
Customer Scope Metals Group Ltd
Country Israel
Order Value (USD) $4,63,200
Order Value (INR) ₹4,38,39,795.00
Date of Order 29-06-2026
Nature of Order Purchase Order
Product Tungsten Class 2-Sintered Square Cube & Test Cube

Historical Stock Returns for Innomet Advanced Materials

1 Day5 Days1 Month6 Months1 Year5 Years
+1.99%+12.48%+60.21%+57.05%-13.88%-24.11%

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

Does this order signal potential for long-term supply agreements with Scope Metals Group?

What are the margin implications of supplying tungsten products to international markets?

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Innomet Advanced Materials wins order worth Rs 89,95,000 from IIT BHU

1 min read     Updated on 23 Jun 2026, 09:10 AM
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Naman SScanX News Team
AI Summary

Innomet Advanced Materials Limited secured a Rs 89,95,000 purchase order from IIT BHU for its THA division on June 22, 2026. The domestic order requires execution based on a specific delivery schedule and involves no related party transactions.

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Innomet Advanced Materials Limited has secured a purchase order worth Rs 89,95,000 from the Indian Institute of Technology, Banaras Hindu University, strengthening its order book in the domestic market. The order was received on June 22, 2026, and pertains to the company's THA division. This development is significant as it underscores the company's capability to secure contracts from premier educational and research institutions.

The purchase order, numbered SDY/DRDO/2026-27/06, was awarded by the autonomous public technical university. The total consideration for the contract is fixed at Rs 89,95,000. The company is required to execute the order in strict adherence to the delivery schedule outlined in the purchase order document.

The disclosure was made to the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed that the order is domestic in nature and that there are no interests held by the promoter, promoter group, or group companies in the entity awarding the contract. Furthermore, the transaction does not fall under related party transactions.

The following table details the key parameters of the order:

Sr. No. Particulars Details
1. Name of Client Indian Institute of Technology, Banaras Hindu University
2. Consideration Rs 89,95,000
3. Nature of Entity Domestic
4. Nature of Order Purchase Order for THA division
5. Execution Timeline As per delivery schedule in Purchase Order

Saritha Devi Chilakapati, Whole-Time Director & CFO, signed the disclosure on behalf of Innomet Advanced Materials . The company confirmed that all necessary details regarding the order have been submitted to the exchange as per the regulatory circulars.

Historical Stock Returns for Innomet Advanced Materials

1 Day5 Days1 Month6 Months1 Year5 Years
+1.99%+12.48%+60.21%+57.05%-13.88%-24.11%

How will this order from IIT BHU impact Innomet's revenue projections for the current fiscal year?

Does this contract signal a broader strategy to expand the THA division's presence within the educational and research sector?

What are the margin expectations for this order compared to the company's average profitability?

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