Announced Fri, 25 Sept, 2026 · 21:20 IST

Billwin receives defence ToT for Navy Submarine Escape Suit manufacturing

Govt Defence OrderRegulatory Product ApprovalBusiness Updates View source PDFExplain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+15.5%1-day move
₹34.75
prior close
₹38.22
base price
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-3.2-0.1-0.1+0.0+15.5+21.2+27.3+33.6+31.7+26.6————
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AI summary

Billwin Industries has received a Transfer of Technology (ToT) certificate from the Ministry of Defence to manufacture Hydro Suit (Submarine Escape Suit) for the Indian Navy. The ToT was handed over by Defence Minister Rajnath Singh at a formal ceremony. The company will now manufacture these suits per the ToT terms, marking its entry into defence manufacturing and supporting indigenous Navy requirements.

Likely market impact

Positive: signals entry into defence manufacturing with the Indian Navy, opening door to future government defence orders and revenue growth.