Innomet Advanced Materials Limited Receives Purchase Order for $345,291.40 from ADVANTAGE METAL POWDERS, INC.
Innomet Advanced Materials Limited has received a Purchase Order from ADVANTAGE METAL POWDERS, INC., a company based in the USA. The order, received on August 24, 2026, has a total commercial consideration of $345,291.40, equivalent to Rs. 3,29,44,252.00.The transaction represents the bagging or receiving of a contract, categorized as an ordinary course of business. The Purchase Order, dated August 18, 2026, is for the supply of COPPER -140#.
Innomet Advanced Materials Limited confirmed that the counterparty, ADVANTAGE METAL POWDERS, INC., is an international entity and is not an Indian listed entity. The receipt of this order aligns with the company’s ongoing operational commitments.
Key details of the purchase order are summarized below:
| Parameter | Details |
|---|---|
| Order Receiving Date | August 24, 2026 |
| Counterparty Name | ADVANTAGE METAL POWDERS, INC. |
| Counterparty Location | Pennsylvania, USA |
| Order Value | $345,291.40 (or Rs. 3,29,44,252.00) |
| Nature of Order | Purchase Order |
| Commodity | COPPER -140# |
| Order Date | August 18, 2026 |
| Business Status | Ordinary course of business |
INNOMET Stock Price Movement
Innomet Advanced Materials Limited shares closed today, climbing 1.98% on the markets as they settled at ₹241.25. This rally saw the stock achieve a significant milestone, hitting its 52-week high after trading from a yearly low of ₹63.15.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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