Exim Routes Limited has on September 28, 2026 executed a Memorandum of Understanding with Al Shaheed Trading & Equipment Co to use the ERIS yard module and route qualifying recovered-paper transaction through ERIS. The disclosure was made under Regulation 30 of SEBI LODR Regulations 2015.
The arrangement is international and strategic for company growth and expansion. Annual subscription fee for FY 2026-27 is USD 15,000 payable within 30 days as minimum guaranteed non-refundable, and platform fee of USD 3 to USD 10 per MT per qualifying transaction will be charged per shipment payable within 30 days.
At A Glance - Key Highlights
- Company: Exim Routes Limited
- Counterparty: Al Shaheed Trading & Equipment Co, International
- Agreement Date: September 28, 2026, Term till March 31, 2027
- Volume: At least 15,000 MT target, objective up to 20,000 MT, 2000-3000 MT per month, no take-or-pay
- Fees: USD 15000 annual subscription plus USD 3 to USD 10 per MT platform fee exclusive of taxes in USD
What MOU Says
MOU covers trading, sourcing, supply, distribution, import export of goods, products, materials as mutually agreed, including identification sourcing, trading, business opportunities, logistics, marketing, sharing business information and other activities mutually agreed.
Transaction volume of at least 15,000 MT shipped and invoiced ERIS-enabled with commercial objective up to 20,000 MT to be reviewed quarterly. There is no purchase, sale, shortfall fee or take-or-pay obligation.
MOU Financial And Commercial Terms In Table
| Point | Details |
|---|---|
| Subscription Fee | USD 15000 for FY 2026-27, invoiced on execution, payable in 30 days, non-refundable minimum guaranteed |
| Platform Fee | USD 3 to USD 10 per MT per qualifying ERIS transaction, based on grade, origin, margin |
| Volume And Term | Term 28th Sept 2026 to 31st March 2027, at least 15000 MT ERIS-enabled, 2000-3000 MT per month |
| Related Party | Not a related party transaction, at arms length |
Conclusion
In short, Exim Routes on September 28, 2026 signed international strategic MOU with Al Shaheed Trading & Equipment Co for recovered-paper trading via ERIS yard module with USD 15000 annual fee and USD 3 to 10 per MT transaction fee for 15000 to 20000 MT till March 31, 2027, supporting business expansion and revenue growth with no related party angle.