+
MTAR Technologies Receives Amended Purchase Order
ECONOMY & POLICY

MTAR Technologies Receives Amended Purchase Order

MTAR Technologies Limited notified the stock exchanges on 30 July 2026 of an amendment to an existing purchase order from a confidential customer. The company confirmed receipt of an amended purchase order for United States dollar (USD) 324.62 million (mn) at an exchange rate of Rs 95.50 per USD, replacing the previously disclosed USD 238.76 million (mn).

The amended commercial value was stated in rupees as Rs 31,000.9 mn after conversion from the reported figure of Rs 3,100.09 Crores. The earlier value was reported as Rs 22,789.6 mn from Rs 2,278.96 Crores and the incremental addition was reported as USD 85.86 mn, equivalent to Rs 8,199.4 mn from Rs 819.94 Crores.

The disclosure indicated that the contract amendment arises from an order from an existing customer and that the time period for execution will be decided later. The company cited compliance with the applicable SEBI master circular and provided the details for the information and records of the exchanges; the customer name was withheld owing to confidentiality provisions.

The filing was executed by the company secretary as the authorised signatory for MTAR Technologies Limited and was submitted pursuant to the listing obligations and disclosure requirements. The amendment increases the previously disclosed order value by USD 85.86 mn and the exchange filing was provided to ensure regulatory transparency and record keeping.

MTAR Technologies Limited notified the stock exchanges on 30 July 2026 of an amendment to an existing purchase order from a confidential customer. The company confirmed receipt of an amended purchase order for United States dollar (USD) 324.62 million (mn) at an exchange rate of Rs 95.50 per USD, replacing the previously disclosed USD 238.76 million (mn). The amended commercial value was stated in rupees as Rs 31,000.9 mn after conversion from the reported figure of Rs 3,100.09 Crores. The earlier value was reported as Rs 22,789.6 mn from Rs 2,278.96 Crores and the incremental addition was reported as USD 85.86 mn, equivalent to Rs 8,199.4 mn from Rs 819.94 Crores. The disclosure indicated that the contract amendment arises from an order from an existing customer and that the time period for execution will be decided later. The company cited compliance with the applicable SEBI master circular and provided the details for the information and records of the exchanges; the customer name was withheld owing to confidentiality provisions. The filing was executed by the company secretary as the authorised signatory for MTAR Technologies Limited and was submitted pursuant to the listing obligations and disclosure requirements. The amendment increases the previously disclosed order value by USD 85.86 mn and the exchange filing was provided to ensure regulatory transparency and record keeping.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Emiza Expands Bhiwandi Fulfilment Capacity by 2.32 Lakh Sq Ft

Emiza, a leading third-party logistics (3PL) provider, has expanded its Mumbai operations with the launch of two new fulfilment facilities in Bhiwandi, adding a combined capacity of 2.32 lakh sq ft to its network.The new facilities, spread across 75,000 sq ft and 1,57,000 sq ft, mark Emiza’s fifth and sixth warehouses in the Mumbai region. The expansion strengthens the company’s fulfilment infrastructure in Western India amid the rapid growth of India’s digital commerce ecosystem.With increasing online consumption, wider product categories and rising customer expectations for faster deli..

Next Story
Infrastructure Urban

Ingersoll Rand Showcases Air Solutions for Semiconductor Sector

Ingersoll Rand will showcase its advanced compressed air solutions for India’s growing semiconductor ecosystem at SEMICON India 2026, scheduled from September 17–19 at Yashobhoomi, New Delhi.The company will display its portfolio of oil-free compressors, centrifugal compression technologies and advanced air treatment systems at Stall No. 1156, Hall No. 1. The solutions are designed to address the stringent air quality, reliability and efficiency requirements of semiconductor manufacturing applications.With India accelerating investments across semiconductor manufacturing, packaging, equipm..

Next Story
Infrastructure Energy

RECPDCL Transfers Musalgaon Transmission SPV to MSETCL

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, has handed over Musalgaon Power Transmission Limited, a project-specific Special Purpose Vehicle (SPV), to Maharashtra State Electricity Transmission Company Limited (MSETCL).MSETCL emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for developing Maharashtra’s intra-state transmission project on a Build, Own, Operate and Transfer (BOOT) basis.The SPV was handed over by Shri Ratnesh Kumar, General Manag..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code