Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we do hereby inform the Stock Exchanges (s) that the Company has entered into a Long Term Agreement (LTA) with a Leading OEM for Commercial Vehicles in Japan for the supply of Forgings. The value of the LTA is approximately $ 2 million per annum.
The LTA is in the normal course of business. This is for the information of the Exchanges and the members.