Him Teknoforge has informed that the company 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 information is a part of company’s filings submitted to BSE.