Arabian Petroleum Limited — Important, 20-03-2025: General Updates

Arabian Petroleum Limited has announced a board meeting regarding the successful absorption of technology related to "Universal Recoil Fluid" (URF Plain, URF 75:25 & URF 80:20), enabling the company to manufacture these lubricants under a ten-year license from DMSRDE, Kanpur. This certification permits the company to supply URF products to the Indian Air Force and Indian Army. The implications of this development may enhance the company's operational capabilities and market position, potentially boosting investor sentiment due to the strategic expansion into defense supply.