MTAR Technologies Limited has announced a significant order win in the civil nuclear power sector, showcasing the company's strong position in this strategic industry.

Order Details

Strategic Significance

This order is part of a larger confirmed order book of Rs 504.00 crores from the Kaiga 5&6 reactors. MTAR Technologies expects to receive the balance orders in the near future, indicating a strong pipeline of projects in the nuclear power sector.

Management Commentary

Parvat Srinivas Reddy, Managing Director of MTAR Technologies, expressed optimism about the company's prospects in the civil nuclear power sector. He stated, "With a robust order inflow backed by strong industry tailwinds, Civil Nuclear Power sector is set to witness significant growth over the coming years."

Company Overview

MTAR Technologies is a specialized engineering company with a strong focus on critical sectors:

• Core Sectors: Clean Energy (Civil Nuclear Power, Fuel cells, Hydel), Space, and Defense
• Manufacturing Capacity: Nine strategically located manufacturing units, including an export-oriented unit in Hyderabad, Telangana
• Industry Experience: Over four decades of relationships with leading Indian organizations and global OEMs

This order win reinforces MTAR Technologies' position as a key player in the civil nuclear power sector and underscores the company's ability to secure high-value contracts in strategic industries. As India continues to invest in its nuclear power capabilities, MTAR Technologies appears well-positioned to capitalize on the growing opportunities in this sector.

Investors and industry observers will likely keep a close watch on MTAR Technologies' execution of this order and any future announcements regarding the balance orders from the Kaiga 5&6 reactors project.

MTAR Technologies Limited , a player in the aerospace and defense equipment manufacturing sector, has announced a significant change in its leadership team.

Resignation Details

Naina Singh, who has been serving as the Company Secretary and Compliance Officer, has tendered her resignation from the company. The details of her departure are as follows:

Company's Response

MTAR Technologies Limited has officially informed the stock exchanges about this development, adhering to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's statement indicates that Ms. Singh will continue in her role until the close of business hours on January 20, 2026. This transition period allows the company time to search for a suitable replacement and ensure a smooth handover of responsibilities.

Impact and Next Steps

While the departure of a key compliance officer can potentially impact a company's regulatory affairs, MTAR Technologies has not provided any immediate information regarding a successor. Investors and stakeholders will likely be watching closely for announcements regarding the appointment of a new Company Secretary and Compliance Officer.

As this change takes effect, it will be important for MTAR Technologies to maintain continuity in its compliance and secretarial functions, which are crucial for a publicly listed company in the aerospace and defense sector.

The company has not disclosed any other changes to its leadership team or corporate structure at this time.