Media release regarding announcement of major order worth Rs. 127.5 Crore for the supply of industrial urea from sai baba polymer Technologies
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A-1 Limited has secured a major order worth Rs. 127.5 crore (Rs. 150.45 crore inclusive of GST) from Sai Baba Polymer Technologies for the supply of 25,000 metric tonnes of industrial urea (automobile grade). Delivery will be made to manufacturing locations across India as per client requirements. The company is an Ahmedabad-based chemical trading and logistics firm, and this order is expected to strengthen its order book visibility and support expansion in the automotive chemicals value chain. The order is described as part of ordinary course of business with no related party interest. Separately, the board has approved a 3:1 bonus issue and 10:1 stock split, pending shareholder approval via postal ballot.
This is a positive development as it adds meaningful revenue visibility and signals growing demand for A-1's automobile-grade urea segment, likely to be viewed favorably by investors. The accompanying bonus issue and stock split proposals may also improve share liquidity and attract retail interest.