12-Jun-2026 19:06:10
⚙️ MTAR TECHNOLOGIES CLARIFIES ON BLOOM ENERGY ORDER CANCELLATION RUMOURS
• 📢 Company says it has not received any communication from any customer regarding cancellation, deferment, reduction or pause of orders • 📦 Management confirms order book remains healthy and no customer has indicated any reduction in committed business • 🏗️ Capacity expansion plans remain on track; company continues to work with customers on scheduled deliveries • 🚫 Reports on social media and certain media platforms about order cancellations are not based on any official communication • ✅ Company says there is no undisclosed material event, regulatory action or legal proceeding behind the recent stock price movement 🟢 Impact: Positive (Management strongly denies order cancellation concerns and reiterates healthy order book visibility)
MTAR TECHNOLOGIES LIMITED