Innomet Advanced Materials Secures Purchase Order from FEDERAL-MOGUL GOETZE (INDIA) LTD
Innomet Advanced Materials Limited, a company formerly known as Innomet Advanced Materials Private Limited, has announced the receipt of a significant Purchase Order (PO) from FEDERAL-MOGUL GOETZE (INDIA) LTD. The PO, dated May 29, 2026, carries a total consideration of Rs. 88,99,855/-.The Purchase Order, bearing the number P.O 3010360630, was received from FEDERAL-MOGUL GOETZE (INDIA) LTD, which is categorized as a domestic company. This contract represents a substantial order for Innomet's Metal Powder Division.
The company confirmed that the order is domestic in nature and does not fall within the scope of related party transactions. The delivery timeline for the order is stipulated to be made in accordance with the specific delivery schedule mentioned in the Purchase Order itself.
The detailed specifics of the transaction are outlined below:
| Particulars | Details |
|---|---|
| Entity awarding the order | FEDERAL-MOGUL GOETZE (INDIA) LTD (Domestic Company) |
| Nature of order | Purchase Order for Metal Powder Division |
| Total Consideration | Rs. 88,99,855/- |
| Order Date | 29.05.2026 |
| Order Number | P.O 3010360630 |
| Delivery Schedule | As per the schedule specified in the Purchase Order |
| Promoter Interest | No |
This strategic procurement reinforces the demand for Innomet Advanced Materials Limited’s Metal Powder Division products.
INNOMET Stock Price Movement
Innomet Advanced Materials Limited shares slipped by 2.81% on Friday, settling at ₹81.15. The equity closed following a session that saw a volume of 13,800 shares traded.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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