Sintercom India Limited has informed the Exchange about Awarding of order(s)
SINTERCOM · price
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Sintercom India Limited has received a Letter of Intent dated 12th May 2025 from Tenneco Automotive Operating Co. Inc. (USA) and its affiliated companies. The order is for manufacturing, supply and export of stainless steel sintered products (Hego Boss & Flanges). The total contract value is Rs. 153.20 Crores spread over a three-year period, with supply scheduled to start from September/October 2025. The order is fully international (export to the USA) and is not a related party transaction. Promoters and group companies have no interest in the awarding entity.
This is a significant export order from a major global auto component player, which is positive for revenue visibility over the next three years and strengthens Sintercom's international business profile. Shareholders may view this as a growth-supportive development, though actual revenue recognition will only begin in the second half of FY26.