NIBE Limited has informed the Exchange about Bagging/Receiving of orders/contracts
NIBE · price
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Awaiting price reaction for this filing.
NIBE Limited has received purchase orders totalling Rs. 26.67 crores (inclusive of all taxes and duties) from one of India's leading Infra and Defence companies. The order is for manufacturing and supply of multiple defence structures, including Turret Crew Access Doors and Turret Ammunition Rack Access Doors. The order is a domestic contract with no related party involvement and is to be executed and delivered in tranches by June 2026.
This is a positive development for NIBE Limited, adding Rs. 26.67 crores to its order book from a reputed defence client. The order strengthens the company's presence in the defence manufacturing segment and provides revenue visibility through mid-2026, which may support investor sentiment around its defence business growth.