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Talbros Automotive Components Limited - Q4 & FY21 Business Update

Talbros Automotive Components Limited - Q4 & FY21 Business Update
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Talbros Automotive Components Limited along with JV wins multi-year orders worth ~Rs. 304 crs

Talbros Automotive Components Limited along with JV wins multi-year orders worth ~Rs. 304 crs
Posted On:
2021-03-08 04:43:59
(Time Zone: Arizona, USA)
Talbros Automotive Components Limited along with its JV partners has won multi year orders worth ~Rs. 304 crs. These orders are spread across its domestic and international customers. The orders will be implemented over a period of 5 years starting from current fiscal year itself and major chunk of it distributed between 2023-2025.
The order covers company s flagship products gaskets and forgings as well products from JVs Talbros Marugo Rubber Pvt Ltd and Magneti Marelli Talbros Chassis Systems Pvt Ltd.
The company would be required to undertake a capex of approximately Rs. 20 crs which along with existing facilities would be sufficient to execute these orders. ....

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