Innomet Adv.Material

Innomet Advanced Materials received a purchase order worth $345,291.40, or ₹3.29 crore, from Advantage Metal Powders Inc., a Pennsylvania-based company in the United States, for Copper-140# powder. The order was dated 18 August 2026 and was received on 24 August, with delivery to follow the schedule specified in the purchase order. The transaction was classified as an international, ordinary-course order, and the company reported no promoter or group-company interest in the counterparty. Innomet's operating revenue was ₹28.99 crore in the year to March 2024, with exports accounting for about 7% of sales. Its disclosed individual orders had generally been below ₹1 crore, while its FY24 order book stood at ₹8.55 crore.

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At its board meeting on 24 August, Innomet Advanced Materials approved a proposed preferential issue of up to 1,192,200 fully convertible warrants to Mukul Mahavir Agrawal, a non-promoter investor, at ₹210 each, implying proceeds of about ₹25.04 crore. Each warrant would convert into one equity share within 18 months, with 25% payable at subscription and the balance on conversion, subject to shareholder and regulatory approvals. An annual general meeting was scheduled for 22 September to consider the warrant issue and the company's new employee stock option scheme, which covers 260,000 shares. The board also appointed Y.K. Priyadarshini as company secretary and compliance officer from 27 August. Innomet reported FY24 total income of ₹29.55 crore, with metal powders accounting for about 79% of operating sales and tungsten heavy alloys for about 21%.

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Innomet Advanced Materials’ board approved a preferential issue of up to 1,192,200 fully convertible warrants to non-promoter investor Mukul Mahavir Agrawal at ₹210 each, for an aggregate amount of about ₹25.04 crore. Each warrant could be converted into one equity share within 18 months of allotment, with 25% of the price payable on subscription and the balance on exercise. The company also approved the Innomet ESOP 2026, covering up to 2,60,000 shares for eligible employees of the company and its subsidiaries, with both proposals requiring shareholder approval at an annual general meeting scheduled for 22 September. Y.K. Priyadarshini was appointed company secretary and compliance officer from 27 August. Innomet reported FY24 total income of ₹29.55 crore and operating cash flow of ₹2.18 crore.

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June 16 (Reuters) - Innomet Advanced Materials Ltd INNM.NS:

• INNOMET ADVANCED MATERIALS - RECEIVES PURCHASE ORDER FROM HUNTING TITAN FOR $238,140

Source text: ID:nNSE1M5yfQ

Further company coverage: INNM.NS

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June 2 (Reuters) - Innomet Advanced Materials Ltd INNM.NS:

• INNOMET ADVANCED MATERIALS - GETS PURCHASE ORDER VALUED AT USD 222,290

Source text: ID:nNSE3DfX6n

Further company coverage: INNM.NS

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May 12 (Reuters) - Innomet Advanced Materials Ltd INNM.NS:

• INNOMET ADVANCED MATERIALS LTD - RECEIVES PURCHASE ORDER FROM STERLING SINTERED TECHNOLOGIES

• INNOMET ADVANCED MATERIALS LTD - PURCHASE ORDER VALUED AT $59,185.60 USD

Source text: ID:nNSE1kcxlT

Further company coverage: INNM.NS

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May 8 (Reuters) - Innomet Advanced Materials Ltd INNM.NS:

• RECEIVES ORDER WORTH $1.6 MILLION

Source text: ID:nnAZN4SV7L2

Further company coverage: INNM.NS

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April 9 (Reuters) - Innomet Advanced Materials Ltd INNM.NS:

• INNOMET ADVANCED MATERIALS LTD - RECEIVES PURCHASE ORDER VALUED AT 12 MILLION RUPEES

Source text: ID:nNSE8KYWfg

Further company coverage: INNM.NS

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Feb 13 (Reuters) - Innomet Advanced Materials Ltd INNM.NS:

• INNOMET ADVANCED MATERIALS LTD - APPROVES ACQUISITION OF 57.5% STAKE IN SWASTIK TUNGSTEN

• INNOMET ADVANCED MATERIALS LTD - ACQUISITION VALUED AT 15 MILLION RUPEES

Source text: ID:nNSE5WZTmR

Further company coverage: INNM.NS

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