Corporate News     03-Mar-22
AIA Engineering foresees no material impact of ongoing Russia-Ukraine conflict
AIA Engineering has evaluated the impact of the ongoing Russia-Ukraine Conflict on its Business Performance and Financials, both qualitatively and quantitatively, to the extent possible.

The Company finds that there will be no material impact of the aforesaid Conflict on its Exports, since on an annual basis, the company's sales to this region are only around 2% of its total Export Sales.

Likewise, there is no material exposure concerning its raw material or other procurement linked supply chains.

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