Pursuant to regulation 30 of SEBI (LODR) Regulations 2015 It is informed that AZAD Engineering Limited has signed a long-term contract & Price agreement with Siemens Energy Global GmbH & Co KG for manufacturing and supply of mission critical components including combustion commodities cold blades & Vanes machined parts & assemblies. This current phase of contract is valued at Eur 90.1 Million (approximately INR 811 cr) for a span of 6 years. This milestone strengthens AZADs strategic long term partnership with Siemens Energy positioning the company as a trusted supplier partner of high-performance parts for advanced turbine systems in Essential Industries.
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