MTAR Technologies has received international blanket purchase orders worth USD 238.76 million (approximately Rs 2,278.96 crore), according to an exchange filing.
The company said the orders have been received from an existing international customer, whose identity has not been disclosed due to confidentiality obligations.
MTAR Technologies added that the execution timeline for the orders will be decided at a later stage. The company also clarified that neither the promoter group nor related entities have any interest in the awarding entity, and the transaction does not fall under related-party transactions.