Azad Engineering Ltd - Azad Engineering Limited - Updates We are pleased to inform you that Azad Prime Private Limited (a subsidiary company of Azad Engineering Limited) has entered into an asset purchase agreement and related documents with Leo Primecomp Private Limited and Mr. A. Vasudevan. This agreement involves the acquisition of assets related to the manufacture and supply of a new family of Large size critical, and advanced technology parts. These parts will cater to our existing clients (OEMs) and new customers, expanding our portfolio in the nuclear, gas, thermal, and oil & gas sectors. With this addition, AZAD will now have capabilities for supplying Large mission-critical and life-critical components, complementing our existing portfolio of small-to-medium size mission-critical and life-critical components. This will enable us to add new capabilities around large-size product segments such as control valves, rotors, casings, diaphragms, and other heavy engineering systems/sub-systems. These components are crucial for advanced nuclear, gas, and thermal turbine engines in the energy and power sectors, aimed at meeting global demands.This strategic acquisition will enhance and strengthen AZAD s capabilities in producing components for small and modular reactors (SMRs) for the nuclear energy sector for India and global requirement, aligning with the technology development goals under the Atmanirbhar Bharat initiative by the Government of India. Additionally, this acquisition will further bolster AZAD Engineering s capacity to deliver highly engineered critical components, including assemblies and sub-assemblies, across various sectors such as Defense, Space, Oil & gas.

Azad Engineering Ltd - Azad Engineering Limited - Updates

We are pleased to inform you that Azad Prime Private Limited (a subsidiary company of Azad Engineering Limited) has entered into an asset purchase agreement and related documents with Leo Primecomp Private Limited and Mr. A. Vasudevan. This agreement involves the acquisition of assets related to the manufacture and supply of a new family of Large size critical, and advanced technology parts. These parts will cater to our existing clients (OEMs) and new customers, expanding our portfolio in the nuclear, gas, thermal, and oil & gas sectors. With this addition, AZAD will now have capabilities for supplying Large mission-critical and life-critical components, complementing our existing portfolio of small-to-medium size mission-critical and life-critical components. This will enable us to add new capabilities around large-size product segments such as control valves, rotors, casings, diaphragms, and other heavy engineering systems/sub-systems. These components are crucial for advanced nuclear, gas, and thermal turbine engines in the energy and power sectors, aimed at meeting global demands.This strategic acquisition will enhance and strengthen AZAD s capabilities in producing components for small and modular reactors (SMRs) for the nuclear energy sector for India and global requirement, aligning with the technology development goals under the Atmanirbhar Bharat initiative by the Government of India. Additionally, this acquisition will further bolster AZAD Engineering s capacity to deliver highly engineered critical components, including assemblies and sub-assemblies, across various sectors such as Defense, Space, Oil & gas.