AIA Engineering Ltd's subsidiary receives order of USD 32.90 Mn

AIA Engineering Limited has been making efforts over past few years to work with Copper Miners in Chile for adoption of high chrome grinding media. It is pleased to announce an important breakthrough in this market. A Wholly-Owned Step-Down Subsidiary of the Company i.e. Vega Industries Chile SpA, Chile has received an order of USD 32.90 Mn. (Approx. INR 291 Crores) from a Copper Mine in Chile for supply of Grinding Media, to be fulfilled over 18 months starting November, 2025. The Company will be working closely with the customer to help deliver on the benefits that shall accrue on use of High-Chrome Grinding Media.

Shares of AIA Engineering Limited was last trading in BSE at Rs. 3223.35 as compared to the previous close of Rs. 3179.60. The total number of shares traded during the day was 2238 in over 493 trades.

The stock hit an intraday high of Rs. 3237.35 and intraday low of 3158.50. The net turnover during the day was Rs. 7163793.00.

Source : Equity Bulls

Keywords

AIAEngineering INE212H01026 CopperMiners Chile VegaIndustriesChileSpA OrderWin