Mamata Machinery Bags ₹7.2 Cr Order for Advanced Film Plant 🚀

Hey there, finance explorers! 👋 Let’s talk about a significant development from Mamata Machinery Limited (MAMATA) that just hit the wires. The company has announced a major order win, signaling a positive stride in its specialized machinery segment.

MAMATA has successfully bagged a substantial order valued at approximately ₹7.2 Crore! This exciting contract is for its first-ever state-of-the-art 9-layer blown film plant under its Co-Extrusion product segment. The order comes from Vijay Flexipack Private Limited, an esteemed and long-standing customer in India.

So, what’s the big deal about a 9-layer blown film plant? 🤔 This advanced machinery is crucial for producing high-barrier films. These films are vital for critical food packaging applications, as they significantly enhance product protection and extend shelf life. Think about how your favorite snacks or packaged foods stay fresh longer – this kind of technology plays a big role!

This domestic order is set to be executed by the end of the quarter ending March 31, 2026. The company has confirmed that this transaction is not a related-party deal, nor do promoters have any interest in the awarding entity, ensuring a clean business transaction.

This order win not only highlights Mamata Machinery’s technological prowess but also reinforces its position in the specialized industrial machinery sector, particularly in the growing co-extrusion segment. It’s a clear indicator of the company’s commitment to delivering advanced solutions for the packaging industry.

Stay tuned for more updates from the corporate world! ✨

source: Corporate Announcement

Join our Telegram for instant updates!