NIBE Limited has announced that it has received a significant purchase order from one of India’s leading infrastructure and defence companies. The order, valued at Rs. 28.08 crore (inclusive of all taxes and duties), is for the manufacturing and supply of Breech Casing assemblies.
The contract will be executed domestically, with deliveries scheduled in tranches by June 2028. NIBE confirmed that neither promoters nor promoter group companies have any interest in the ordering entity, and the contract is not a related party transaction.
This order reinforces NIBE’s position as a trusted supplier in the defence and infrastructure sectors and is expected to contribute meaningfully to the company’s revenue over the next few years.
