Loyal Equipments Ltd enters into non-binding MOU with F2N Green Hydrogen Srl

Loyal Equipments Limited ("the Company") has entered into a non-binding Memorandum of Understanding (MOU) with F2N Green Hydrogen Srl, a company based in Italy, dated 25th April 2025.

The strategic cooperation for green hydrogen technology and market development through a non-binding MoU. F2N Green Hydrogen will support with technical consultancy, while Loyal Equipments Limited will undertake market development and future local manufacturing in India.

Loyal will undertake turnkey project orders in India integrating F2N's electrolyser systems, targeting key market segments such as green hydrogen for refineries, steel plants, mobility, and renewable energy storage. F2N will support Loyal with commercial documentation, product presentations, and limited technical inputs necessary for presales and initial project discussions.

Loyal will be responsible for end-to-end project execution, including engineering, procurement, fabrication, integration, and after-sales support. A joint customer engagement strategy will be adopted during the initial phase, with F2N participating in key technical and commercial discussions.

Over the next 12-18 months, both parties will assess market traction and project pipeline development. Based on successful order acquisition and feasibility, Loyal and F2N will evaluate the transition to local manufacturing in India using F2N's proprietary technology and design.

Shares of Loyal Equipments Ltd was last trading in BSE at Rs. 219.85 as compared to the previous close of Rs. 223.85. The total number of shares traded during the day was 4012 in over 121 trades.

The stock hit an intraday high of Rs. 225.70 and intraday low of 215.70. The net turnover during the day was Rs. 878790.00.

Source : Equity Bulls

Keywords

LoyalEquipments INE876S01017 IndustrialMachinery MoU F2NGreenHydrogenSrl