NIBE secures ₹29.07 crore order for gun stand manufacturing

NIBE Limited has received a purchase order from a leading infra and defense company for the manufacturing and supply of gun stands. The total consideration for this order is ₹29.07 crores, inclusive of all taxes and duties. This development was communicated to both BSE Limited and the National Stock Exchange of India Limited on October 9, 2025.

The order, from a domestic entity, entails the manufacturing and supply of gun stands, to be executed and delivered in tranches by June 2027. NIBE confirmed that neither its promoters nor promoter group companies have any interest in the entity that awarded the contract, nor does the order fall under related-party transactions.

This intimation was made under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Komal Bhagat, company secretary & compliance officer, signed the announcement for NIBE Limited.