NIBE secures substantial orders for defense and infrastructure

NIBE Limited has received purchase orders worth INR 20.57 crores from a leading Indian infrastructure and defense company. These orders are for the manufacturing and supply of multiple structures, specifically Hull Engine Deck and Turret Structure Assemblies.

The delivery of these structures is scheduled to be completed in tranches by August 2026. This development was communicated to both BSE Limited and the National Stock Exchange of India Limited in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that the awarding entity is a domestic one, and the orders do not involve any related party transactions nor any interest from promoters or promoter group companies.