Remsons Industries Subsidiary Secures INR 80 Crore Order from Ford Otosan

Published: Jul 1, 2025 13:59

Mumbai, India – On June 27, 2025, Remsons Industries Limited (NSE: REMSONSIND) announced a substantial new order secured by its step-down subsidiary, Remsons Automotive Ltd. The subsidiary has received a Letter of Intent/Purchase Order from FORD OTOSAN, an international entity, valued at INR 80.00 Crore.

The order pertains to the supply of Spare Wheel Winches and is a significant boost for the company’s automotive components segment. The contract is slated for completion over a period of 10 years, indicating a long-term engagement with the global automotive major.

This international contract underscores Remsons Automotive Ltd.’s growing footprint in the global supply chain for automotive parts. The company confirmed that neither its promoters nor promoter group companies have any interest in FORD OTOSAN, and the transaction does not fall under related party transactions, ensuring it was conducted at arm’s length.

At the time of this announcement, Remsons Industries Limited’s shares (REMSONSIND) were trading at Rs 137.19, reflecting a marginal dip of 0.3%.

source: Corporate Announcement

Remsons Industries Subsidiary Secures INR 80 Crore Order from Ford Otosan

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