Steel Strips Wheels Limited — New Orders, 04-08-2025: Bagging/Receiving of orders/contracts

SSWL has secured significant steel wheel business nominations from two leading European OEMs. This export contract, valued at INR 300 Cr, will be executed over five years. Supplies are slated to commence from early CY2027 from the company's Chennai plant. This strategic win strengthens SSWL's global presence in the EU and South America, aligning with its de-risking strategy to reduce dependency on the US market. A positive step for future growth.