Happy Forgings Limited (HFL) announced the confirmation of an order for the supply of Brake Flanges for passenger vehicles (utility vehicles /pickup trucks) to a large leading Global Tier-1 manufacturer of automobile driveline components and systems. This order further cements the Company's reputation as a trusted partner in delivering complex and safety-critical components for the automotive industry. Supplies under the contract will commence from Q4FY26/Q1FY27 post the interim part approval process. The total order value is estimated to be worth INR 600 million to INR 700 million p.a. and approximately INR 5,000 million for the entire agreement period until December 2034.

This order signifies HFL's entry into the US Passenger Vehicles segment, enhancing its export share, product mix, and diversifying its revenue geographically.