India, July 20 -- Sunita Tools Ltd has received the first tranche of advance payment from its customer under the interim sales agreement for the supply of NATO-specification 155mm M107 artillery shells.

The company said the advance amount has been credited to its bank account, in line with the terms of the agreement. It added that the second and third tranches of the advance payment are expected to be received shortly.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....