Arrow Greentech Limited has informed the Exchange regarding 'Grant of Patent'.
ARROWGREEN · price
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Awaiting price reaction for this filing.
Arrow Greentech Limited has been granted a European patent (No. 4182173) titled 'Dual-Color Shift Security Film' on 30th April 2025. The patent was originally held by the company's Chairman & Managing Director, Mr. Shilpan Patel, who transferred all rights to the company via a Deed of Assignment dated 17th February 2024. The patented technology is a security film that shifts between two colors when viewed from different angles, designed to prevent counterfeiting of banknotes, passports, share certificates, bonds, and other valuable documents. The company has stated it will work to commercialize this patent. This adds to Arrow Greentech's portfolio of anti-counterfeiting and eco-friendly product technologies.
This is a positive development as it strengthens the company's intellectual property portfolio in the anti-counterfeiting space, potentially opening up new revenue opportunities in European markets. However, since no immediate commercial order or revenue figure is mentioned, the near-term stock impact is likely limited and depends on how quickly the company can monetize the patent.