Modern Steels has revised the meeting of the Board of Directors which was scheduled to be held on 26 February 2022 The meeting will now be held on 12 March 2022
The cumulative value of non-petroleum exports in April 2021-February 2022 was USD 319.09 billion, an increase of 36.16%.
This deal is expected to be completed by March 31, 2022.
The company anticipates the execution of this order will be within a period of 12 months.
The product will be manufactured at Lupin's facility in Pithampur, India.
The Nifty Midcap and Nifty Smallcap was down by 0.8% and 0.4% respectively.
The value of the business is estimated to be up to USD 4 million per year once conditionalities have been met.
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LTTS has been a strategic supplier with Airbus global and its India subsidiary for more than a decade, providing engineering services across verticals like engineering, avionics and digital.
This will give a boost to the company’s retail business in both states.
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