AZAD ENGINEERING LTD - Intimation Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 ('LODR Regulations')

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Azad Engineering Ltd - Intimation Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 ('LODR Regulations')

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25 Jul 2024
Azad Prime Private Limited (a Subsidiary Company of Azad Engineering Limited) has entered into an assets purchase agreement and related documents with Leo Primecomp Private Limited and Mr. A. Vasudevan. This agreement involves the acquisition of assets related to the manufacture and supply of a new family of "Large Size" critical and advanced technology parts. These parts will cater to our existing clients (OEMs) and new customers, expanding our portfolio in the nuclear, gas, thermal, and oil & gas sectors. With tis addition, AZAD will now have capabilities for supplying "Large" mission critical and life-critical components, complementing our existing portfolio of "Small-to-medium size" mission-critical and life-critical components. This will enable us to add new capabilities around large-size product segments such as control valves, rotors, casings, diaphragms, and other heavy engineering systems/sub-systems.
View all announcements for Azad Engineering Ltd	Source: BSE India

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