NIBE Ltd. has secured a significant purchase order worth ₹25.96 crore (inclusive of all taxes and duties) from one of India’s leading infrastructure and defence companies. The order pertains to the supply of Gun Stand Assemblies, reaffirming NIBE’s growing footprint in the defence manufacturing sector.
According to official disclosure, the contract is entirely domestic and will be executed in multiple tranches by November 30, 2026. This marks a notable win for NIBE in the precision engineering and defence components space.
The company clarified that there is no promoter or group company interest in the awarding entity, and the transaction does not fall under related party arrangements.
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NIBE