Nibe Limited has scheduled a board meeting for May 29, 2026, to discuss the company's financial performance for the fourth quarter of the fiscal year 2026. The meeting will be held under the provisions of Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary agenda for the upcoming board meeting is the consideration and approval of the standalone and consolidated financial results for the quarter ended March 31, 2026 (Q4FY26). The board will review the operational and financial performance during the period.

Regulatory Compliance

The intimation regarding the board meeting has been disclosed to the stock exchanges in accordance with the regulatory framework. This ensures that all shareholders and market participants are informed about the upcoming corporate development in a timely manner.

Key Details

Nibe Limited has announced the successful completion of technical trials for its Vayu Astra-1 Loitering Munition. The trials were conducted in response to a Request for Proposal (RFP) from the Indian Army, requiring a 100 km range capability. The tests took place at the Pokhran Range in Rajasthan and Joshimath (Malari) in Uttarakhand.

Anti-Personnel and Anti-Armor Capabilities

During the trials at Pokhran, the Vayu Astra-1 successfully executed an anti-personnel strike. The munition carried a 10 kg warhead and struck a target located 100 km away in a single attempt. The system achieved a Circular Error Probable (CEP) of under 1 meter. Additionally, the trial demonstrated the munition's abort, attack, and re-attack capabilities.

The company also conducted an anti-armor night strike utilizing an Infrared (IR) camera. This trial resulted in a successful hit on the target within a 2-meter CEP in a single attempt. A key feature demonstrated during this phase was the ability to hand over control from the Ground Control Station (GCS) to a Forward Control Station located 70 km away.

Endurance and High-Altitude Performance

At the high-altitude range in Joshimath, the loitering munition achieved an endurance flight time exceeding 90 minutes. The operations were conducted at an altitude of over 14000 Feet. Following the mission, the system was safely recovered to facilitate subsequent flights.

Company Overview

Nibe Limited describes itself as a leading Indian defence technology company focused on the development, manufacturing, and integration of sophisticated defence systems. The company emphasizes innovation, self-reliance, and the 'Make in India' initiative to enhance the country's defence readiness and export capabilities.