Wins USD 52.83 million filtration order from Hyundai Engineering
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Ion Exchange has secured an international contract worth USD 52.83 million (around INR 503 crore) from Hyundai Engineering and Construction Co. Ltd. for the supply of filtration units in the Middle East. The project will be executed over 18 months. No promoter or related party interest is involved in the deal.
Boosts export order book in hard currency; large international win strengthens revenue visibility over the next 18 months.