Subsidiary TCL wins long-term supply programme from Fortune 100 global OEM
TAMBOLIIN · price
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Tamboli Industries' wholly owned subsidiary Tamboli Castings Limited (TCL) was selected by a Fortune 100 global OEM in off-highway equipment and advanced mobility for a development and long-term supply programme covering over 50 precision-engineered components. Initial development orders received; phased commercial production expected over 2-3 years. Potential recurring annual revenue of about 320 crore upon full transition. Customer name undisclosed for confidentiality.
Major long-term revenue win from a Fortune 100 global client; potential 320 crore annual recurring revenue could materially boost future earnings and valuation.