Innomet Advanced Materials Secures International Purchase Order from VeroMetal Holding BV
Innomet Advanced Materials Limited has announced the receipt of a purchase order from the Dutch company, VeroMetal Holding BV. The transaction is part of the company's ordinary course of business and involves supplying specialized metal powders to an international client.The purchase order, dated 06.07.2026, was placed by VeroMetal Holding BV. The total consideration for this contract amounts to $58,194.75 USD. The materials specified in the order include copper Manganese Alloy Powder -325# (CU65MN35) and Copper Aluminium Powder Brown brass metal powder.
The contract received on 06-07-2026 is designated as a Purchase Order. Innomet Advanced Materials Limited confirmed that the awarding entity, VeroMetal Holding BV, is an international company based in NETHERLANDS. The order's value, equivalent to 55,49,629 INR, is scheduled for execution according to the delivery schedule specified within the purchase order documents.
Key details of the transaction are presented below:
| Metric | Detail |
|---|---|
| Customer Name | VeroMetal Holding BV |
| Order Date | 06-07-2026 |
| Nature of Order | Purchase Order (International) |
| Total Consideration | USD 58,194.75 |
| Products Supplied | Copper Manganese Alloy Powder (CU65MN35) and Brown brass metal powder |
Innomet Advanced Materials Limited affirmed that the order falls within the ordinary course of business operations. The company confirmed that there is no interest from its promoter or promoter group companies in VeroMetal Holding BV, meaning the transaction does not fall under related party transactions.
INNOMET Stock Price Movement
Innomet Advanced Materials Limited shares edged higher in the post-market session, closing at ₹145.55 after gaining 2.00% today. The stock traded within a narrow intraday range of ₹142.7 to ₹145.5, with 136,200 shares transacted.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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