Mumbai, April 1 -- The company did not disclose the customer's name due to confidentiality. The order comes from a new customer in the energy sector and will be executed through staggered deliveries up to 4 December 2026. MTAR Technologies clarified that neither its promoter nor promoter group entities have any interest in the awarding company, and the contract does not qualify as a related-party transaction.

MTAR Technologies is a leading manufacturer engaged in the manufacturing and development of mission-critical precision-engineered systems catering to clean energy - civil nuclear power, fuel cells, hydel & others, aerospace and defence sectors. It has nine strategically based manufacturing units including an export-oriented unit eac...