Deals14 Jun 2024, 09:06 pm
Anshuni Commercials Subsidiary Receives Letter of Interest from Munitions India Limited for Supply of 155mm M107 Empty Shells worth Rs. 682,15,00,000
AI Summary
Anshuni Commercials Ltd. has announced that its subsidiary, Nibe Ordnance Global Limited, has received a Letter of Interest (LOI) from Munitions India Limited (MIL) for the supply of 155mm M107 Empty Shells. The supply period is from October 2025 to December 2030, and the total consideration is Rs. 682,15,00,000. This LOI is subject to the materialisation of a contract between the final buyer/end user and MIL.
Key Highlights
- Anshuni Commercials' subsidiary receives LOI from Munitions India Limited.
- LOI for the supply of 155mm M107 Empty Shells worth Rs. 682,15,00,000.
- Supply period from October 2025 to December 2030.
- LOI subject to materialisation of contract between final buyer/end user and MIL.
- No related party transactions involved.