Innomet Advanced Materials Bags Purchase Order from BHARAT DYNAMICS LIMITED for Rs. 1,05,42,002/-
Innomet Advanced Materials Limited has received a significant Purchase Order from BHARAT DYNAMICS LIMITED, a Government of India Enterprise under the Ministry of Defence. The contract, dated May 29, 2026, carries a total consideration of Rs. 1,05,42,002/-.The order, identified by Number P.O 3220017036, specifies the supply of goods through the company's Tungsten heavy alloys division. The transaction is characterized as a domestic purchase order.
Details concerning the awarded order highlight its strategic importance and commercial scope. The total value of the Purchase Order is set at Rs. 1,05,42,002/-. The delivery timeline for the goods is required to be made in accordance with the specific schedule outlined within the Purchase Order itself.
The key terms of the contract indicate that the awarding entity, BHARAT DYNAMICS LIMITED, is a Government of India Enterprise operating under the Ministry of Defence. Furthermore, the company confirmed that there is no reported interest or relationship between the promoter group and the entity that awarded the order.
The essential details of the procurement from BHARAT DYNAMICS LIMITED are summarized below:
| Particulars | Details |
|---|---|
| Awarding Entity | BHARAT DYNAMICS LIMITED (A Govt of India Enterprise - Min. of Defence) |
| Purchase Order Number | P.O 3220017036 |
| Total Consideration | Rs. 1,05,42,002/- |
| Nature of Goods | Tungsten heavy alloys division |
| Domestic/International | Domestic |
| Execution Period | As per the delivery schedule specified in the Purchase Order |
INNOMET Stock Price Movement
Shares of Innomet Advanced Materials Limited slipped by 2.81% on Friday, settling at ₹81.15. The stock saw a total traded volume of 13,800 shares during the session, down from its previous close of ₹83.5.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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