Arfin India Receives Order Worth 300 Crores from JFE Shoji in Aluminium Supply
Arfin India Limited has secured a significant contract with JFE Shoji India Private Limited (a domestic entity of JFE Shoji Corporation, Japan) for the supply of specialised aluminium products. The order encompasses various forms of refined aluminium required by the client and is valued at approximately 300 Crores INR, inclusive of GST.The contract mandates Arfin India to supply Aluminium Deox, which includes Primary Shots/Cubes, Secondary Aluminium Ingots, and Secondary Aluminium Wire Rods. This domestic transaction represents a substantial commitment to Arfin's production capabilities over the next couple of years.
Details regarding this order have been provided as follows:
| Particular | Detail |
|---|---|
| Entity awarding the order | JFE Shoji India Private Limited |
| Nature of Order | Supply of Aluminium Deox (Primary Shots/Cubes, Secondary Aluminium Ingots & Secondary Aluminium Wire Rod) |
| Client Status | Domestic entity of JFE Shoji Corporation, Japan |
| Total Quantity | 7,400 MT |
| Contract Value | Approximately 300 Crores INR (inclusive of GST) |
| Execution Period | Up to September, 2026 |
The contract details confirm that the order falls within a domestic framework and has no connection to any related party transactions. Furthermore, there is no interest held by Arfin's promoter or promoter group companies in JFE Shoji India Private Limited.
ARFIN Stock Price Movement
Shares of Arfin India Limited are shedding value, slipping down 0.03% in live trading and currently stand at ₹99.13 as of 2:59 PM today. The stock traded within the day's range between a low of ₹98.3 and a high of ₹101 on a volume of 1.36 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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