In a communique to the stock exchanges, the company said there was an "option of another 25 per cent order, making it an aggregate order of Rs 196 crore".
IGM, Mumbai is a unit of Security Printing and Minting Corporation of India (SPMCIL), wholly owned by the government. Minting of circulation coins is the major functions of the IGM, Mumbai.
Shares of Arcotech today closed at 363.40 apiece, down 0.4 per cent, on the BSE.
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