Pursuant to the provisions of Regulation 30 of the Listing Regulations, this is to inform you that the company has entered into an Exclusive Supply and Display Centre Agreement with MCPL ....
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Manoj Ceramic Ltd has signed an Exclusive Supply & Display Centre Agreement with MCPL Ceramic FZ-LLC, a promoter group entity based in Dubai, UAE. Under this deal, the Dubai entity will set up and run an exclusive display and sales facility under the MCPL brand to showcase and promote the company's tile products in the UAE market. The Dubai arm will source 100% of its display and sale requirements solely from Manoj Ceramic, making this a dedicated export channel. The transaction is a related party deal but the company states it is done at arm's length. No financial figures, order size, or revenue impact have been disclosed in this filing.
This is a positive step toward international expansion, giving the company a branded retail presence in the UAE market. However, since the counterparty is a promoter group entity and no revenue contribution or order value has been disclosed, the actual financial impact remains unclear and investors should wait for more details.