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AIMTRON 26112024091016 Business Update 26-11-2024

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Piyush Rai
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42 views3 pages

AIMTRON 26112024091016 Business Update 26-11-2024

Uploaded by

Piyush Rai
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Date: 26th November 2024

To,
Listing Manager,
National Stock Exchange of India Limited
Exchange Plaza, C-1 Block G
Bandra Kurla Complex, Bandra (E)
Mumbai – 400051, India

Symbol: AIMTRON
ISIN: INE0RUV01018

Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations”) for Business Updates.

Dear Sir/Madam,

We are pleased to present the Business Updates of the company outlining our company’s recent
developments and business expansions, highlighting the company’s commitment to creating long-term
value for its stakeholders.

This update is intended to offer an understanding of our progress and the pivotal developments that
shape our trajectory.

This is for your Information and record.

Thanking you,
Yours faithfully,

FOR AIMTRON ELECTRONICS LIMITED


VASANI Digitally signed by
VASANI MUKESH
MUKESH JERAM
Date: 2024.11.26
JERAM 08:57:33 +05'30'
Mukesh Jeram Vasani
Chairman & Non-Executive Director
DIN: 06542536
Aimtron Electronics Limited

Business Update

26th November 2024, India: Aimtron Electronics Limited (NSE Code: AIMTRON) is pleased to provide
an update on its key developments and its growth outlook:

Operations of Wholly Owned Subsidiary: The company is pleased to announce that Aimtron
Electronics LLC, a Wholly owned subsidiary of the company in the State of Texas, United States of
America shall commence operations from 1st January, 2025. This milestone marks a significant step
forward in establishing a strong presence in the North American market, enabling the company to
better serve local customers, build strategic partnerships, and capitalize on growth opportunities in the
region.

Upcoming Fiscal Year Growth Projections: Looking ahead, the company with the continued focus on
innovation, efficiency, and customer-centric strategies to drive sustainable growth has business
expectations of approximately $ 4 to 5 million for the next fiscal year.

Remote Sales Office in Germany: In alignment with its global expansion strategy, the Company has
successfully established a remote sales office in Germany. This initiative sets the stage for entering the
European market, providing a platform to engage with new customers, build a local network in the
European market, and tailor offerings to meet regional demands while positioning the company for
long-term growth.

We extend our heartfelt gratitude to all stakeholders for their continued support and confidence in
Aimtron Electronics Limited as we embark on this exciting new chapter.

FOR AIMTRON ELECTRONICS LIMITED


VASANI Digitally signed by
VASANI MUKESH
MUKESH JERAM
Date: 2024.11.26
JERAM 08:58:27 +05'30'
Mukesh Jeram Vasani
Chairman & Non-Executive Director
DIN: 06542536

You can Contact us at:


Phone No.: +91 7486 028 267
Email: [email protected]
Disclaimer: This document may contain certain forward-looking statements within the meaning of applicable
securities law and regulations. These statements include descriptions regarding the intent, belief or current
expectations of the Company or its directors and officers with respect to the results of operations and financial
condition of the Company. Such forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, and actual results may differ from those in such forward-looking statements as a
result of various factors and assumptions which the Company believes to be reasonable in light of its operating
experience in recent years. Many factors could cause the actual results, performances, or achievements of the
Company to be materially different from any future results, performances, or achievements. Significant factors
that could make a difference to the Company’s operations include domestic and international economic
conditions, changes in government regulations, tax regime and other statutes. The Company does not undertake
to revise any forward- looking statement that may be made from time to time by or on behalf of the Company.

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