Innomet Advanced Materials Secures Purchase Order Worth Rs 54 Lakh from Hoganas India
Innomet Advanced Materials Limited has successfully received a significant Purchase Order (PO) from Hoganas India Pvt Ltd, amounting to Rs 54,02,854.20. The order, dated July 10, 2026, marks a material business win for the Hyderabad-based company.The transaction pertains to the supply of COPPER POWDER 200 and is classified as a Purchase Order. Innomet Advanced Materials confirmed that the contract falls within the ordinary course of its business operations.
Hoganas India Pvt Ltd, a domestic entity based in India and not a listed company, awarded the order to Innomet. The total commercial consideration for this purchase order stands at Rs 54,02,854.20.
The details provided indicate that the delivery of the material must be executed according to the schedule specified within the Purchase Order document. Furthermore, the company confirmed that there are no conflicts or interests involving the promoter or promoter group in relation to this specific transaction, and it does not constitute a related party transaction.
INNOMET Stock Price Movement
On Friday, shares of Innomet Advanced Materials Limited rallied, settling at ₹157.45 after gaining ₹3.05 or 1.98%. The company saw a trading volume of 79,800 shares on that day.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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