Innomet Advanced Materials Secures Export Order from Scope Metals Group Ltd., Israel
Innomet Advanced Materials Limited has secured a significant export purchase order from Scope Metals Group Ltd. of Israel. The contract, bearing No. 4600051964, involves the supply of specialized metallurgical products, specifically Tungsten Alloy Sintered Plates and Tungsten Sintered Test Cubes.The total consideration for the order is valued at USD 222,290, which is approximately Rs. 2 Crores, subject to prevailing exchange rate variations. The delivery of the goods is scheduled on or before September 22, 2026, as stipulated by the terms of the Purchase Order.
The order represents an international transaction, classifying it as an Export Purchase Order for the Tungsten THA division. Details regarding the transaction, confirming that the awarding entity is international and there are no reported instances of related party transactions or promoter group interest, have been recorded.
The key details of the Purchase Order are summarized below:
| Particulars | Details |
|---|---|
| Awarding Entity | Scope Metals Group Ltd., Israel |
| Order Type | Export Purchase Order |
| Products Supplied | Tungsten Alloy Sintered Plates and Tungsten Sintered Test Cubes |
| Total Consideration | USD 222,290 (approximately Rs. 2 Crores) |
| Delivery Timeline | On or before September 22, 2026 |
| Nature of Transaction | International Export |
INNOMET Stock Price Movement
Shares of Innomet Advanced Materials Limited are rallying to ₹87.1 as of 3:03 PM, gaining 4.94% in live trading. The stock is experiencing strong momentum, processing a volume of 7,800 shares in the current session.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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