Hot Pursuit     06-Sep-24
Sansera Engg inks long-term pact with Dynamatic Tech
Sansera Engineering announced that it has signed a memorandum of understanding (MoU) with Dynamatic Technologies to supply intricate structural parts for the Airbus A220 Door Program.

Under this contract, Sansera Engineering will leverage its cutting-edge manufacturing capabilities and expertise to produce high-precision components crucial for the Airbus A220 aircraft doors.

The Airbus A220 is renowned for its efficiency, performance, and passenger comfort, making it a preferred choice for airlines worldwide. The components manufactured by the company will play a crucial role in maintaining the high standards of quality and reliability associated with the A220, said the firm.

This contract not only strengthens the bond between the companies but also highlights the growing importance of Indian manufacturers in the global aerospace supply chain, it added.

S. Sekhar Vasan, chairman & managing director of Sansera Engineering, stated, “We are honoured to be entrusted with this critical role in the Airbus A220 Door program. Our team is committed to upholding the highest standards of quality and precision with on time delivery, and we are excited to work closely with Dynamatic Technologies to achieve these goals.”

Sansera Engineering is primarily engaged in the machining of precision engine forged components for the automotive (2Ws and 4Ws) and non-automotive sectors (aerospace, agriculture). The company also manufactures connecting rods for medium and heavy commercial vehicles.

Dynamatic Technologies designs and builds highly engineered products for automotive, aerospace, hydraulic and security applications.

Shares of Sansera Engineering declined 1.99% to Rs 1382.45 while those of Dynamatic Technologies added 0.33% to Rs 7,960.45 on the BSE.

Previous News
  Sansera Engg gains on launching QIP; floor price at Rs 1,635.48/share
 ( Hot Pursuit - 11-Oct-24   12:15 )
  Sansera Engg inks long-term pact with Dynamatic Tech
 ( Hot Pursuit - 06-Sep-24   15:20 )
  Sansera Engg. AGM scheduled
 ( Corporate News - 24-Aug-24   10:29 )
  Indices reverse losses, realty shares under pressure
 ( Market Commentary - Mid-Session 21-Aug-24   10:33 )
  Sansera Engg board approves raising funds upto Rs 1,200 cr
 ( Hot Pursuit - 21-Aug-24   08:56 )
  Stock Alert: Sansera Engg, Genus Power Infra, Petronet LNG, CESC, Exide Inds
 ( Market Commentary - Stock Alert 21-Aug-24   08:31 )
  Board of Sansera Engineering approves fund raising up to Rs 1,200 cr
 ( Corporate News - 20-Aug-24   18:46 )
  Dynamatic Technologies to convene AGM
 ( Corporate News - 17-Aug-24   10:18 )
  Sansera Engg. to consider fund raising
 ( Corporate News - 16-Aug-24   10:40 )
  Sansera Engg. announces board meeting date
 ( Corporate News - 14-Aug-24   10:34 )
  Dynamatic Technologies consolidated net profit declines 72.46% in the June 2024 quarter
 ( Results - Announcements 10-Aug-24   07:36 )
Other Stories
  Aurionpro secured digital banking transformation contract from Saudi Arabia-based bank
  11-Oct-24   16:43
  TCS slides as PAT declines to Rs 11,909 cr in Q2 FY25
  11-Oct-24   16:36
  CRISIL Ratings revises TVS Holdings' outlook to 'positive’; reaffirms 'AA' rating
  11-Oct-24   16:15
  Anand Rathi Q2 PAT climbs 32% YoY to Rs 76 cr in FY25
  11-Oct-24   16:08
  Sudarshan Chemical hits life high after arm inks pact to acquire Heubach Group’s pigment biz
  11-Oct-24   15:39
  Noel Tata named chairman of Tata Trusts
  11-Oct-24   15:30
  Reliance Power Ltd leads losers in 'A' group
  11-Oct-24   15:00
  Just Dial hits 52-week high as Q2 PAT zooms to Rs 154 crore
  11-Oct-24   14:58
  Raghav Productivity spurts after board to mull bonus issue on 18 Oct'24
  11-Oct-24   14:57
  Hercules Hoists Ltd leads losers in 'B' group
  11-Oct-24   14:45
Back Top