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Suprajit Engineering announced that the closing conditions as set out in the Asset Purchase Agreement (APA) for second tranche of Stahlschmidt Cable Systems (SCS) acquisition are delayed, but are expected to be completed in due course and in line with the APA executed by the Company on 28 March 2025.

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Suprajit Engineering has signed a strategic Licensing and Technology Transfer Agreement with Blubrake S.p.A. Blubrake, an Italian company specializing in ABS for the European pedalec and speed-pedalec (electric bikes) segment, was founded by Fabio Todeschini, and has become a segment leader for ABS solutions in Europe.

Under this agreement, Suprajit is exclusively licensed to develop and manufacture Blubrake's innovative and patented Anti-lock Braking System (ABS) technology in India, China, South-East Asia, and Brazil for non-pedal-based vehicles.

ABS is a crucial part of a braking system portfolio and reinforces Suprajit's intention to be a global brake system supplier. The unique architecture of Blubrake's ABS reduces product complexity and optimises the product for our customers, while also bringing unique and innovative features.

Ajith Rai, Founder and Chairman of Suprajit, said - Fabio and his team have built a product that successfully competed against the best ABS systems in Europe so I must thank Fabio for trusting that Suprajit is the best platform to launch his innovative ABS across multiple geographies and markets. ABS is safety critical and is rightly becoming more commonplace on vehicles today.

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Net profit of Suprajit Engineering declined 16.99% to Rs 33.41 crore in the quarter ended December 2024 as against Rs 40.25 crore during the previous quarter ended December 2023. Sales rose 14.83% to Rs 831.58 crore in the quarter ended December 2024 as against Rs 724.18 crore during the previous quarter ended December 2023.

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Suprajit Engineering has signed a strategic Licensing and Technology Transfer Agreement with Blubrake S.p.A. Blubrake, an Italian company specializing in ABS for the European pedalec and speed-pedalec (electric bikes) segment, was founded by Fabio Todeschini, and has become a segment leader for ABS solutions in Europe.

Under this agreement, Suprajit is exclusively licensed to develop and manufacture Blubrake's innovative and patented Anti-lock Braking System (ABS) technology in India, China, South-East Asia, and Brazil for non-pedal-based vehicles.

ABS is a crucial part of a braking system portfolio and reinforces Suprajit's intention to be a global brake system supplier. The unique architecture of Blubrake's ABS reduces product complexity and optimises the product for our customers, while also bringing unique and innovative features.

Ajith Rai, Founder and Chairman of Suprajit, said - Fabio and his team have built a product that successfully competed against the best ABS systems in Europe so I must thank Fabio for trusting that Suprajit is the best platform to launch his innovative ABS across multiple geographies and markets. ABS is safety critical and is rightly becoming more commonplace on vehicles today.

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Net profit of Suprajit Engineering declined 16.99% to Rs 33.41 crore in the quarter ended December 2024 as against Rs 40.25 crore during the previous quarter ended December 2023. Sales rose 14.83% to Rs 831.58 crore in the quarter ended December 2024 as against Rs 724.18 crore during the previous quarter ended December 2023.

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Suprajit Engineering announced that the Board of Directors of the Company at its meeting held on 12 February 2025, inter alia, have recommended the interim dividend of Rs 1.25 per equity Share (i.e. 125%) , subject to the approval of the shareholders.

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Suprajit Engineering announced that the closing conditions as set out in the Asset Purchase Agreement (APA) for second tranche of Stahlschmidt Cable Systems (SCS) acquisition are delayed, but are expected to be completed in due course and in line with the APA executed by the Company on 28 March 2025.

Powered by Capital Market - Live News

Suprajit Engineering has signed a strategic Licensing and Technology Transfer Agreement with Blubrake S.p.A. Blubrake, an Italian company specializing in ABS for the European pedalec and speed-pedalec (electric bikes) segment, was founded by Fabio Todeschini, and has become a segment leader for ABS solutions in Europe.

Under this agreement, Suprajit is exclusively licensed to develop and manufacture Blubrake's innovative and patented Anti-lock Braking System (ABS) technology in India, China, South-East Asia, and Brazil for non-pedal-based vehicles.

ABS is a crucial part of a braking system portfolio and reinforces Suprajit's intention to be a global brake system supplier. The unique architecture of Blubrake's ABS reduces product complexity and optimises the product for our customers, while also bringing unique and innovative features.

Ajith Rai, Founder and Chairman of Suprajit, said - Fabio and his team have built a product that successfully competed against the best ABS systems in Europe so I must thank Fabio for trusting that Suprajit is the best platform to launch his innovative ABS across multiple geographies and markets. ABS is safety critical and is rightly becoming more commonplace on vehicles today.

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Net profit of Suprajit Engineering declined 16.99% to Rs 33.41 crore in the quarter ended December 2024 as against Rs 40.25 crore during the previous quarter ended December 2023. Sales rose 14.83% to Rs 831.58 crore in the quarter ended December 2024 as against Rs 724.18 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

Suprajit Engineering has signed a strategic Licensing and Technology Transfer Agreement with Blubrake S.p.A. Blubrake, an Italian company specializing in ABS for the European pedalec and speed-pedalec (electric bikes) segment, was founded by Fabio Todeschini, and has become a segment leader for ABS solutions in Europe.

Under this agreement, Suprajit is exclusively licensed to develop and manufacture Blubrake's innovative and patented Anti-lock Braking System (ABS) technology in India, China, South-East Asia, and Brazil for non-pedal-based vehicles.

ABS is a crucial part of a braking system portfolio and reinforces Suprajit's intention to be a global brake system supplier. The unique architecture of Blubrake's ABS reduces product complexity and optimises the product for our customers, while also bringing unique and innovative features.

Ajith Rai, Founder and Chairman of Suprajit, said - Fabio and his team have built a product that successfully competed against the best ABS systems in Europe so I must thank Fabio for trusting that Suprajit is the best platform to launch his innovative ABS across multiple geographies and markets. ABS is safety critical and is rightly becoming more commonplace on vehicles today.

Powered by Capital Market - Live News

Net profit of Suprajit Engineering declined 16.99% to Rs 33.41 crore in the quarter ended December 2024 as against Rs 40.25 crore during the previous quarter ended December 2023. Sales rose 14.83% to Rs 831.58 crore in the quarter ended December 2024 as against Rs 724.18 crore during the previous quarter ended December 2023.

Powered by Capital Market - Live News

Suprajit Engineering announced that the Board of Directors of the Company at its meeting held on 12 February 2025, inter alia, have recommended the interim dividend of Rs 1.25 per equity Share (i.e. 125%) , subject to the approval of the shareholders.

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