NSEPress Release4d ago · 31 Jul 2026, 04:28 pm
Press Release
Tirupati Forge Limited · TIRUPATIFL
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Tirupati Forge Limited has entered into a Technical Collaboration Agreement with a defence technology professional from Brazil for the development and manufacturing support of defence products.
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Liquidity Impact8/10
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Full Announcement
Tirupati Forge Limited has informed the Exchange regarding a press release dated July 31, 2026, titled "a press release in regard to Technical Collaboration MOU for manufacturing of Empty Artillery Shells 155mm M107 and 155mm ERFB BB/BT.".
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Date: July 31, 2026
The Manager
National Stock Exchange of India Ltd.
Exchange Plaza, C-1, Block G, Bandra Kurla Complex,
Bandra (E), Mumbai – 400 051
Scrip Code: - TIRUPATIFL
Sub: Intimation of Technical Collaboration MOU.
Dear Sir/Madam,
Please find enclosed herewith a press release in regard to Technical Collaboration
MOU for manufacturing of Empty Artillery Shells 155mm M107 and 155mm ERFB
BB/BT.
This is for your information and record.
Thanking You
For, TIRUPATI FORGE LTD
HITESHKUMAR G. THUMMAR
Managing Director
DIN: 02112952
Press Release
Subject: Intimation of Technical Collaboration MOU
Date: July 31, 2026
Dear Sir/ Madam
Tirupati Forge Limited is pleased to inform the Stock Exchange that the Company
has entered into a Technical Collaboration Agreement with an experienced defence
technology professional from Brazil for the development and manufacturing
support of defence products.
The collaboration will focus on the development of the following products:
• 155 mm M107 Empty Shell Body
• 155 mm ERFB BB/BT Empty Shell Body
• Other Bigger size of bombs and ammunition components of various
calibres, as may be mutually agreed.
The objective of this collaboration is to leverage international technical expertise
for product design, development, manufacturing processes, and technical guidance
in line with internationally accepted defence standards, including
applicable NATO requirements, wherever relevant. This MOU is valied till
successful development of products.
The Company believes that this technical collaboration will strengthen its product
development capabilities, enhance its competitiveness in the global defence
market, and support its long-term strategy of expanding its defence manufacturing
portfolio.
This collaboration does not involve any equity participation or change in the
shareholding pattern of the Company. The agreement is expected to support the
Company’s future growth in the defence sector.
This disclosure is being made pursuant to the applicable provisions of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015.
For, TIRUPATI FORGE LTD
HITESHKUMAR G. THUMMAR
Managing Director
DIN: 02112952
Disclaimer:
This document may contain certain forward-looking statements within the meaning of applicable securities law and
regulations. These statements include descriptions regarding the intent, belief or current expectations of the Company or its
directors and officers with respect to the results of operations and financial condition of the Company. Such forward-looking
statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ
from those in such forward-looking statements as a result of various factors and assumptions which the Company believes
to be reasonable in light of its operating experience in recent years. Many factors could cause the actual results,
performances, or achievements of the Company to be materially different from any future results, performances, or
achievements. Significant factors that could make a difference to the Company’s operations include domestic and
international economic conditions, changes in government regulations, tax regime and other statutes. The Company does
not undertake to revise any forward- looking statement that may be made from time to time by or on behalf of the Company