NIBE Limited has informed the Exchange about Bagging/Receiving of orders/contracts
NIBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NIBE Limited has received a purchase order valued at Rs. 25.96 Crores (inclusive of all taxes and duties) from a leading domestic Infra and Defence company for the supply of Gun Stand Assemblies. The order will be executed in tranches with completion targeted by November 30, 2026. The customer is a domestic entity and the order is not a related party transaction, with no promoter or group company interest in the awarding entity. The company has disclosed this under SEBI's Listing Regulations via its intimation dated July 10, 2025.
This is a positive development for shareholders as it adds meaningful order book visibility in the defence segment and reinforces NIBE's positioning as a supplier to leading defence companies. The multi-tranche execution over the next 16-17 months provides steady revenue visibility, though material impact on stock price will depend on how this order sizes up against the company's overall revenue base (not disclosed here).