Nibe Limited has announced the successful completion of a significant corporate restructuring transaction that affects its subsidiary holdings. The company informed stock exchanges about the finalization of a share transfer deal that alters its corporate structure.

Transaction Details

The share transfer transaction involved the sale of equity shares in Nibe Aeronautics Limited (NAL) by the company's subsidiary. The key details of the completed transaction are presented below:

The transaction was executed under a Share Purchase Agreement (SPA) that was previously disclosed to the exchanges on March 30, 2026, in compliance with regulatory requirements.

Corporate Structure Impact

The completion of this share transfer has resulted in significant changes to Nibe Limited's corporate structure. Following the successful transfer of 15,20,000 shares to Mr. Ganesh Nibe, NAL has ceased to be a subsidiary of NDAL. Consequently, NAL is no longer classified as a step-down subsidiary of Nibe Limited.

This restructuring represents a strategic divestment that simplifies the company's subsidiary framework and reduces its indirect holdings in the aerospace sector.

Regulatory Compliance

The announcement was made under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, ensuring full transparency with stakeholders. The company has maintained proper disclosure protocols throughout the transaction process, from the initial agreement announcement to the completion notification.

The information regarding this transaction has also been made available on the company's official website at www.nibelimited.com , providing additional accessibility for investors and stakeholders seeking detailed information about the corporate restructuring.

Nibe Limited has announced a significant corporate restructuring move through its subsidiary Nibe Defence and Aerospace Limited (NDAL), which has entered into a Share Purchase Agreement to divest its stake in Nibe Aeronautics Limited (NAL). The agreement was executed on March 30, 2026, marking a strategic disinvestment by the company.

Transaction Details

The share purchase agreement involves the sale of equity shares held by NDAL in Nibe Aeronautics Limited to Mr. Nibe Ganesh Ramesh, who is identified as a promoter of Nibe Limited. The transaction structure and key parameters are outlined below:

Financial Impact Assessment

The financial contribution of Nibe Aeronautics Limited to the parent company during the financial year ended March 31, 2025, demonstrates minimal operational impact:

The consideration received from the sale matches the original investment amount of Rs 1.52 crore, indicating the transaction is structured to recover the initial capital deployed.

Related Party Transaction Compliance

Given that the purchaser Mr. Nibe Ganesh Ramesh is a promoter of Nibe Limited, this transaction constitutes a related party transaction (RPT). However, the company has confirmed that the transaction is being conducted on an arm's length basis. The pricing and commercial terms have been determined through proper valuation processes and commercial negotiations to ensure fair dealing.

Corporate Structure Impact

Upon successful completion of this disinvestment, Nibe Aeronautics Limited will cease to be a subsidiary of Nibe Defence and Aerospace Limited and will no longer remain a step-down subsidiary of Nibe Limited. The completion of the transaction is subject to the fulfillment of certain conditions precedent as stipulated in the Share Purchase Agreement.

The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders and regulatory authorities regarding this corporate restructuring initiative.