NIBE Limited has informed the Exchange regarding a press release dated May 19, 2026, titled "Nibe Limited has announced the successful test firing of its SURYASTRA Universal Rocket Launcher System".
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NIBE Limited successfully test-fired its SURYASTRA Universal Rocket Launcher System at ITR Chandipur, Odisha on May 18-19, 2026. The company had received a purchase order in January 2026 under Emergency Procurement of Indian Army for the supply of SURYASTRA launcher and rockets of 150 km and 300 km range. The test results showed exceptional precision with a Circular Error Probable (CEP) of 1.5 meters for the 150 km range and 2 meters for the 300 km range rockets. This validates the system's long-range precision strike capability and marks a significant milestone in indigenous rocket artillery development.
Positive for shareholders as the successful test firing advances the execution of the Indian Army purchase order, validating NIBE's defence technology capabilities and indigenous manufacturing strength.