BSECompany Update8 Oct 2026 · 8 Oct 2026, 11:28 am

We Attach herewith Intimation regarding execution of MOU

Him Teknoforge Ltd · 505712

✦ AI SummaryJoint Venture

Him Teknoforge Ltd has entered into a Memorandum of Understanding (MOU) with Richard Neumayer GmbH, Germany, for developing a broader and long-term strategic cooperation, including joint market development, customer opportunities, and potential joint stainless-steel forging activity.

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Him Teknoforge Ltd - 505712 - Intimation Under Regulation 30 Of SEBI LODR Regulations - Execution Of Memorandum Of Understanding With Richard Neumayer Gmbh, Germany.

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To, Date: 08.10.2026 BSE Limited Corporate Relationship Department, Ground Floor, P J Tower, Dalal Street, Fort, Mumbai – 400001 Scrip Code: 505712 Subject: Intimation under Regulation 30 of SEBI LODR Regulations – Execution of Memorandum of Understanding with Richard Neumayer GmbH, Germany. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Him Teknoforge Limited has entered into a Memorandum of Understanding with Richard Neumayer GmbH, Germany on 06th October, 2026 for developing a broader and long-term strategic cooperation between the parties. The MOU provides a framework for cooperation in areas including joint market development, customer opportunities, product and manufacturing capabilities, sales and logistics models, and evaluation of potential strategic opportunities and a potential joint stainless-steel forging activity. The MOU is initially effective for a period of twelve months, unless extended or replaced by mutual agreement. The details as required under Regulation 30 read with Schedule III of the SEBI LODR Regulations are enclosed as Annexure A. The above is submitted for your information and record. Thanking you, For Him Teknoforge limited Himanshu Kalra Company Secretary & Compliance officer Manager-Secretarial & Legal M.No: A62696 Enclosed: Annexure A Annexure A Details as required under Regulation 30 of the SEBI LODR Regulations Particulars Details Name of the entity with whom Richard Neumayer GmbH, Germany agreement is entered into Nature of agreement Memorandum of Understanding for development of a strategic cooperation Purpose of entering into the agreement To establish a strategic framework for cooperation and jointly explore and develop business opportunities, markets, products and potential strategic initiatives. Size of the agreement The MOU does not stipulate any specific monetary value, minimum business volume or any financial commitment. Shareholding, if any, in the entity with Nil whom agreement is executed Significant terms of the agreement The parties intend to cooperate in areas including joint market development, new customer opportunities, product and manufacturing capabilities, sales and logistics models and a potential joint stainless-steel forging activity. Whether the agreement involves related No party transactions Whether the agreement is in the Yes ordinary course of business Impact of the agreement on the The MOU is expected to provide opportunities for Company expansion of business and market access through strategic collaboration with Richard Neumayer GmbH. However, no specific financial impact can presently be quantified. Date of execution 06th October, 2026 Duration of the agreement Initially 12 months, unless extended or replaced by Mutual agreement Expected date of completion Not applicable Country of counterparty Germany