Sunita Tools Limited has officially announced receiving a contract for supplying 240,000 empty NATO specification 155mm M107 artillery shells, as disclosed under SEBI Regulation 30. The company informed BSE Limited about this significant defense contract through an official regulatory filing dated February 24, 2026.

Contract Specifications and Terms

The contract outlines comprehensive delivery parameters and technical requirements for the defense supply agreement. The buyer is identified as a domestic entity, though the name remains undisclosed due to confidentiality requirements.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations read with Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The filing confirms that neither promoters nor group companies have any interest in the entity awarding the contract, and the transaction does not fall within related party transactions.

Strategic Business Impact

This contract represents a significant milestone for Sunita Tools Limited, establishing the company as a supplier of NATO standard artillery shells. The monthly billing of ₹24 crore will provide substantial revenue visibility over the 24-month execution period. The deemed export nature of the contract positions the company in the international defense supply chain.

Company Profile

Sunita Tools Limited, formerly known as Sunita Tools Pvt Ltd, brings extensive experience in precision engineering and manufacturing. The company is registered with CIN: U29220MH1988PLC045850 and maintains its registered office at Plot A S NO 66, Valiv Phatta, Vasai East, Palghar. The regulatory filing was signed by Satish Pandey, Managing Director (DIN: 00158327).

The contract execution will commence upon completion of all formalities and receipt of advance payments, marking a significant expansion in the company's defense sector operations.

Sunita Tools Limited has issued a corrigendum disclosure following a BSE query regarding the status of proposed warrant allottees. The company informed BSE Limited on February 13, 2026, about the clarification of allottee status and completion of the associated e-voting process under Regulation 30 of SEBI Listing Regulations.

Corrigendum Details and BSE Query Response

In response to BSE's query dated February 13, 2026, the company issued a corrigendum to clarify the current status of allottees for convertible warrant issuance. The corrigendum specifically addressed Point No. 25 on Page 23 of the Explanatory Statement, replacing the previous "-" designation with "Non-Promoter/Public" status for all proposed allottees.

The company conducted remote e-voting from February 08, 2026 (9:00 A.M. IST) to February 09, 2026 (5:00 P.M. IST) in connection with this corrigendum. No queries or questions were received from company members during this voting period.

Proposed Warrant Allottees Classification

The corrigendum clarified the status of 18 proposed allottees for convertible warrant issuance:

Additional Allottees

The remaining allottees also maintain Non-Promoter/Public status:

Previous E-voting Process Context

This corrigendum follows the company's earlier completion of the e-voting process for EGM resolutions. The company had previously conducted e-voting for two key resolutions - increase in authorised capital and issue of convertible warrants - both of which received unanimous approval from shareholders with 100% votes in favour.

The original EGM was held on December 06, 2025, with initial voting results submitted on December 09, 2025. Following BSE queries, the company had reopened the remote e-voting facility to provide additional opportunities for shareholders to participate in the voting process.

Regulatory Compliance and Documentation

The corrigendum disclosure was signed by Managing Director Satish Kumar Pandey (DIN: 00158327) and submitted to BSE Limited under the company's scrip code 544001. The disclosure ensures compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, maintaining transparency in the warrant allotment process and clarifying the non-promoter status of all proposed allottees.