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MTAR develops and manufactures components and equipment for the defense, aerospace, nuclear and clean energy sectors. The company was incorporated in 1970 by the promoters, Mr PR Reddy, Mr KSN Reddy and Mr PJ Reddy, to cater to the technical and engineering needs of the Indian government in the post embargo regime. MTAR has manufacturing footprints in Hyderabad with seven units spread across a 4 km radius and a…
MTAR secured domestic purchase orders worth Rs 126.74 Cr from Nuclear Power Corporation of India Limited (NPCIL). These are for coolant channel assemblies for reactor refurbishment, with execution expected by May 2028.
MTAR Tech secured an amended purchase order valued at ~Rs. 3100.09 Cr, marking an incremental increase of ~Rs. 819.94 Cr. This order from an existing, confidential client has an execution timeline yet to be determined.
MTAR Technologies received international purchase orders worth Rs. 467.30 Cr from an existing confidential client. These orders are for purchase goods, with 50% execution by March 2027 and the remaining 50% by June 2027.
MTAR Tech secured international blanket purchase orders worth ₹2278.96 Cr from an existing, confidential client. These orders are a continuation of regular business. The execution timeline for these orders will be decided later.
Mtar Technologies Limited has informed the Exchange about Bagging/Receiving of orders/contracts