Mumbai, Oct. 11 -- The contract, categorized as an ordinary business transaction, is valued at approximately Rs 10.50 crores per annum.
The agreement is structured as a long-term supply arrangement and marks a significant step forward in Emmforce Autotech's global expansion strategy, particularly within the North American automotive market.
The transaction has been classified as a domestic contract and does not involve any interest from the company's promoters or promoter group entities. Additionally, it does not fall under the category of related party transactions.
Emmforce Autotech is engaged in the business of manufacturing niche automotive drivetrain parts like Differential Housings, Differential Lockers, Differential Covers,4WD L...
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