MTAR Technologies Limited has informed stock exchanges about a revision to a previously disclosed order, resulting in a meaningful enhancement to its order book. In a regulatory filing, the company stated that it has received an amended purchase order worth USD 41.17 million, equivalent to approximately ₹370.56 crore, from an existing customer.
The amended order follows the company’s earlier intimation dated November 12, 2025, wherein MTAR Technologies had disclosed the receipt of orders amounting to USD 30.88 million, or approximately ₹271.75 crore. The revision reflects an incremental increase of USD 10.29 million, translating to about ₹92.64 crore, indicating an expansion in the scope of work under the same contractual arrangement.
In accordance with SEBI’s master circular dated November 11, 2024, the company clarified that the name of the customer cannot be disclosed due to confidentiality obligations. MTAR Technologies further confirmed that the order has been received from an existing client, underscoring continuity in its business relationships.
The execution of the amended purchase order is scheduled for the second quarter of FY27. The company stated that the amendment pertains solely to an enhancement in the order value, with no termination or adverse contractual impact involved.
