BSECompany Update8 Oct 2026 · 8 Oct 2026, 11:28 am
We Attach herewith Intimation regarding execution of MOU
Him Teknoforge Ltd · 505712
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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.
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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