Emmforce Autotech Secures Rs 10.50 Crore Annual Supply Contract from US OEM

1 min read     Updated on 10 Oct 2025, 06:11 PM
scanx
Reviewed by
Shriram ShekharScanX News Team
whatsapptwittershare
Overview

Emmforce Autotech Limited has secured a long-term supply contract with a USA-based Original Equipment Manufacturer (OEM) for manufacturing and supplying drivetrain parts. The contract is valued at approximately Rs 10.50 crores annually. This domestic supply arrangement with an international client is classified as an ordinary business transaction and does not involve related party transactions. The company has informed the Bombay Stock Exchange about this development in compliance with SEBI regulations.

21645700

*this image is generated using AI for illustrative purposes only.

Emmforce Autotech Limited has announced a significant business development, securing a long-term supply contract with a USA-based Original Equipment Manufacturer (OEM). This contract marks a notable expansion in the company's international business operations.

Contract Details

Aspect Details
Contract Value Approximately Rs 10.50 crores annually
Nature of Supply Manufacturing and supplying drivetrain parts
Client USA-based Original Equipment Manufacturer
Contract Type Long-term supply order
Transaction Classification Ordinary business transaction

Key Points

  • The contract represents a domestic supply arrangement, despite the international client.
  • Emmforce Autotech's promoter group has no interest in the awarding entity.
  • The transaction does not fall under related party transactions.

Regulatory Compliance

Emmforce Autotech Limited has duly informed the Bombay Stock Exchange about this development, adhering to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided a detailed disclosure as per SEBI Circular No SEBI/HO/CFD-poD1/P/CIR/2023/123 dated July 13, 2023.

Implications

This contract signifies a positive development for Emmforce Autotech, potentially boosting its revenue and expanding its international clientele. The long-term nature of the supply order suggests a stable business relationship, which could contribute to the company's growth and market position in the automotive components sector.

Investors and market watchers may view this development as an indicator of Emmforce Autotech's competitive capabilities in the global automotive supply chain. The actual impact, however, will depend on successful execution of the contract.

Historical Stock Returns for Emmforce Autotech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.41%+0.72%+18.17%+99.33%+45.58%-17.50%
Emmforce Autotech
View in Depthredirect
like20
dislike

Emmforce Autotech Confirms No Impact from New U.S. Tariffs on Auto Component Exports

1 min read     Updated on 28 Aug 2025, 11:44 AM
scanx
Reviewed by
Riya DeyScanX News Team
whatsapptwittershare
Overview

Emmforce Autotech, a manufacturer of drivetrain components, has confirmed that its exports to the U.S. are exempt from the recent 25% tariff increase on Indian imports. The company's auto components, designed for passenger vehicles and light trucks, fall under HTSUS Heading 9903.94.05, which is excluded from the new tariff. Emmforce Autotech's exports remain subject to the existing 25% duty under Section 232. The company assures stakeholders that there will be no additional financial or operational impact on its U.S. exports due to these measures.

17907299

*this image is generated using AI for illustrative purposes only.

Emmforce Autotech , a prominent manufacturer and exporter of drivetrain components for global automotive markets, has issued a clarification regarding the recent U.S. tariff measures and their impact on the company's business operations.

U.S. Tariff Measures and Exemptions

The United States government recently implemented an additional 25% tariff on imports from India under Executive Order 14329, effective August 27, 2025. This increase brought the total tariff to 50% for affected goods. However, Emmforce Autotech has confirmed that its products fall under a crucial exemption.

No Impact on Emmforce Autotech's Exports

In a press release submitted to the BSE, Emmforce Autotech stated that all auto components exported by the company to the U.S. are exclusively designed for passenger vehicles and light trucks, including SUVs, crossover utility vehicles, and pickup trucks. These parts are exempted from the new additional 25% tariff under HTSUS Heading 9903.94.05.

The company clarified:

  • Auto components exported by Emmforce Autotech remain subject to the existing 25% additional duty under Section 232, which has been in effect since May 2025.
  • The new tariff measures will not have any incremental financial or operational impact on the company's U.S. exports.

Compliance and Stakeholder Assurance

Azeez Mehta, Wholetime Director of Emmforce Autotech, assured stakeholders that the company's business with U.S. customers remains fully compliant with prevailing trade regulations and tariff structures. The management emphasized its commitment to actively monitoring trade policy developments and safeguarding the interests of investors, customers, and stakeholders.

Conclusion

Emmforce Autotech's clarification serves to alleviate any concerns about potential negative impacts from the new U.S. tariff measures. The company's strategic focus on components for passenger vehicles and light trucks has effectively shielded it from the recent tariff increases, maintaining its competitive position in the U.S. market.

Investors and stakeholders can take comfort in the fact that Emmforce Autotech's U.S. export business is expected to continue without additional tariff-related disruptions, supporting the company's ongoing operations and financial stability in the global automotive components sector.

Historical Stock Returns for Emmforce Autotech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.41%+0.72%+18.17%+99.33%+45.58%-17.50%
Emmforce Autotech
View in Depthredirect
like15
dislike
Explore Other Articles
161.30
+2.25
(+1.41%)