Pursuant to Regulation 30 of SEBI Listing Regulation 2015, we would like to inform that the company has been awarded business from Honda Motorcycle and scooter India Pvt. Ltd.
MUNJALAU · price
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Munjal Auto Industries has received a new business award from Honda Motorcycle and Scooter India Pvt. Ltd. The company will manufacture and supply sheet metal stamping and welding parts. This is a long-term supply contract that also includes design and development of tooling and dies. The order is domestic and sourced from a major two-wheeler OEM. The specific size or financial value of the contract has not been disclosed in the filing.
Securing business from Honda, a leading two-wheeler manufacturer, is a positive development for Munjal Auto Industries as it diversifies and strengthens its customer base. However, without disclosed financial details, investors cannot assess the revenue impact or timeline for contribution to earnings.