Aequs Subsidiary AEPPL Receives Communication Regarding Hasbro's Intent to Cease Purchase Orders
Aequs Engineered Plastics Private Limited (AEPPL), a wholly owned subsidiary of Aequs Limited, has received communication from Hasbro S A (Hasbro) regarding the potential cessation of purchase orders. The communication, received via email, indicates Hasbro's intent to stop placing future purchase orders with AEPPL.AEPPL has initiated discussions with the Hasbro team regarding this development. The company noted that the impact of this matter is currently being assessed, as the future course of action between the two parties has yet to be concluded.The operational details surrounding the supply arrangement between the parties are outlined...