Arfin India: Agreement With Tata International Limited And Tata International Singapore Pte. Ltd. | Value Research

Arfin India: Agreement With Tata International Limited And Tata International Singapore Pte. Ltd.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform that Arfin India Limited (Company) has entered into; 1. Service agreement with Tata International Limited (TIL) and Tata International Singapore Pte. Ltd. (TISPL) for supply of Aluminum scraps and other materials in Indian Market whereby Arfin India Limited will provide Business Development Services for procurement and sales to TIL and TISPL. This service agreement will be effective from September 2022.2. Stock & Sale agreement with TIL for supply of Aluminium scraps and other materials annually to the Company.3. Purchase agreement on high seas sale basis with TIL for supply of Aluminium scraps and other materials annually to the Company.These agreements estimated to cover a volume of around 10 000 MT to 15 000 MT will facilitate the easy availability of inventories for the Company.

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