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Latest news about NIBE

NIBE Limited CFO Jigar Shah Resigns Due to Health Issues, Effective April 11, 2026 7 days ago

NIBE Limited announced the resignation of Chief Financial Officer Jigar Shah effective April 11, 2026, due to health grounds. The company has completed all regulatory filings with BSE and NSE, including proper documentation under SEBI regulations, with digital authentication by Company Secretary Komal Bhagat and Chairman Ganesh Ramesh Nibe.

NIBE Limited Submits Non-Applicability Certificate Under SEBI Regulation 74(5) for Q4FY26 8 days ago

Nibe Limited Completes Share Transfer Transaction - NAL Ceases to be Step-Down Subsidiary 8 days ago

Nibe Limited Subsidiary Enters Share Purchase Agreement for Sale of Nibe Aeronautics Limited Stake Mar 31, 2026

Nibe Limited Appoints Rajagopalan Madhavan as Additional Independent Director Mar 25, 2026

More news about NIBE

05Mar 26

NIBE Limited Completes ₹104.48 Crore Preferential Allotment of Warrants and Equity Shares

NIBE Limited completed a ₹104.48 crore preferential allotment comprising 15,62,000 convertible warrants and 4,40,000 equity shares, both priced at ₹1258 per unit. The warrants raised ₹49.12 crore with a 25% upfront payment, while equity shares generated ₹55.35 crore. The allotment increased the company's paid-up share capital from ₹14.50 crore to ₹14.94 crore, with participation from both promoter and non-promoter investors.

09Feb 26

Nibe Limited Completes Acquisition of Additional 48.95% Stake in Naval Subsidiary for Rs. 4.89 Lakh

Nibe Limited has completed the acquisition of an additional 48.95% stake in Nibe Meson Naval Limited for Rs. 4.89 lakh, increasing its total shareholding to 99.95%. The target company, incorporated in January 2024, operates in fluid control equipment manufacturing, specializing in valves, actuators, and related systems. This strategic cash acquisition enhances Nibe Limited's management control and decision-making flexibility in the naval equipment sector.

24Jan 26

NIBE Limited Shareholders Approve Preferential Issue of Convertible Warrants and Equity Shares

NIBE Limited conducted its 1st Extra Ordinary General Meeting on January 22, 2026, through video conferencing, achieving unanimous shareholder approval for two special resolutions. The resolutions covered issuing convertible warrants and equity shares on preferential basis, with 61.45% of outstanding shares participating in voting and 100% approval for both proposals.

12Jan 26

NIBE Defence Secures Arms Manufacturing License from Ministry of Home Affairs

NIBE Ltd shares rose 2% after its subsidiary NDAL received a manufacturing license from the Ministry of Home Affairs for firearms and ammunition production, covering pistols, rifles, and machine guns. The company recently secured a ₹292.69 crore Indian Army order for ground equipment supply. However, Q2FY26 results showed significant stress with 45% revenue decline to ₹73.37 crore and a swing to ₹9.69 crore loss from previous year's ₹8.89 crore profit.

10Jan 26

Nibe Limited's Subsidiary NDAL Secures Firearms Manufacturing License from Ministry of Home Affairs

Nibe Limited's subsidiary NDAL has received a firearms manufacturing license from the Ministry of Home Affairs under the Arms Act, 1959. The license covers manufacturing and proof-testing of various firearms including pistols, machine guns, rifles, and related components. This strategic milestone marks the company's formal entry into defense manufacturing, with NDAL required to establish factory premises and machinery within seven years.

05Jan 26

Nibe Limited Secures ₹292.7 Crore Order from Indian Army for Rocket Launcher System

Defence engineering firm Nibe Limited has won a major ₹292.69 crore contract from the Indian Army for manufacturing and supplying universal rocket launcher systems with strike capabilities up to 300 km. The comprehensive order includes ground equipment, accessories, electronic support packages, and ammunition, with a 12-month execution timeline and requirement for 10% performance bank guarantee.

02Jan 26

NIBE Limited Secures ₹292.69 Crore Defense Contract from Indian Army

NIBE Limited announced a major defense contract worth ₹292.69 crore from the Indian Army for manufacturing Universal Rocket Launcher System equipment capable of 150-300km range. The small-cap aerospace company will deliver the order in tranches within 12 months and must provide a 10% performance guarantee.

24Dec 25

NIBE Issues Corrigendum: Fund Raising Revised to ₹251.85 Crore at ₹1,258 Per Security

NIBE Limited issued a corrigendum correcting a typographical error in its preferential allotment announcement, revising the issue price from ₹1,248 to ₹1,258 per security and increasing the total fund raising amount from ₹249.85 crores to ₹251.85 crores through equity shares and warrants.

16Oct 25

Nibe Limited Secures Rs. 28.08 Crore Defense Contract for Breech Casing Assembly

Nibe Limited has received a purchase order worth Rs. 28.08 crore from a leading infrastructure and defense company. The contract involves manufacturing and supplying Breech Casing assembly, to be delivered in tranches by June 2028. This order strengthens Nibe's position in the defense manufacturing sector and aligns with India's 'Make in India' initiative in defense production.

12Aug 25

Nibe Limited Secures Rs. 26.67 Crore Defense Manufacturing Contract

NIBE has received purchase orders worth Rs. 26.67 crores from a leading Indian infrastructure and defense company. The contract involves manufacturing and supplying defense structures including Turret Crew Access Door and Turret Ammunition Rack Access Door. The order will be executed and delivered in tranches, with final delivery by June 2026. The contract amount includes all taxes and duties. NIBE clarified that the company's promoters have no interest in the entity awarding the order, ensuring transparency and compliance with corporate governance standards.

11Aug 25

Aegis Investment Fund PCC Boosts Stake in NIBE to 5.06% via Preferential Allotment

Aegis Investment Fund PCC has increased its shareholding in NIBE through a preferential allotment on August 8th, 2025. The fund acquired 70,758 additional shares, raising its stake from 4.58% (664,192 shares) to 5.06% (734,950 shares). This transaction pushes Aegis Investment Fund PCC's ownership above the 5% threshold, triggering regulatory disclosure requirements under SEBI regulations. Aegis Investment Fund PCC is not part of NIBE's promoter group.

08Aug 25

Nibe Limited Secures $1.2 Million Defense Contract from Elbit Systems for Ship-Mounted Rocket Launcher Kits

NIBE, an Indian defense technology company, has received a $1.2 million (INR 10.52 crores) purchase order from Elbit Systems Land Ltd for ship-mounted universal rocket launcher components. The order, to be executed by September 2026, involves manufacturing mechanical and hydraulic kits for a Ship-Mounted Universal Rocket Launching System. This contract marks a significant milestone in NIBE's international expansion and aligns with India's 'Make in India, Make for the World' initiative.

06Aug 25

Nibe Limited Sets Board Meeting to Review Q2 Results and Explore Fund Raising Options

NIBE Limited has scheduled a board meeting for August 12 to review Q1 FY24 financial results and consider a proposal for fund raising through equity shares or convertible securities via preferential allotment. The company has closed its trading window from July 1 until 48 hours post results announcement.

04Aug 25

NIBE Limited Secures Major Defense Order from Elbit Systems for 70mm Guided Tactical Rockets

NIBE Limited, an Indian defense manufacturer, has secured a significant order from Israel's Elbit Systems to produce parts for 70mm Guided Advanced Tactical Rockets (GATR). This marks the first time such sophisticated rockets will be manufactured in India. The GATR system offers precision strike capabilities up to 10 km range, can intercept moving targets up to 100 kmph, and uses semi-active laser guidance. The deal aligns with India's 'Make in India' and 'Atmanirbhar Bharat' initiatives, enhancing the country's defense capabilities and positioning NIBE Limited as a key player in the global defense industry.

02Aug 25

Nibe Limited Secures $700,000 Defense Contract from Elbit Systems for Guided Rocket Parts

NIBE, an Indian manufacturing company, has received a $700,000 (INR 6.12 crores) purchase order from Elbit Systems Land Ltd, an Israeli defense technology firm. The contract involves manufacturing GATR 70mm Guided Rocket parts with a 10km range, to be executed by September 2026. This marks NIBE's entry into the global defense manufacturing sector. The company confirmed no promoter interest or related party arrangements in the deal, ensuring transparency.

02Aug 25

NIBE Limited Secures ₹6.12 Crore Export Order for GATR 70MM Guided Rocket Parts

NIBE Limited, an Indian manufacturing company, has won a ₹6.12 crore (approx. USD 700,000) contract from Elbit Systems Land Ltd for producing and supplying components for GATR 70MM guided rockets with a 10-kilometer range. The order is to be executed by September 2026, marking NIBE's entry into international defense equipment manufacturing. This contract enhances NIBE's position in the defense sector and contributes to India's defense export ambitions.

26Jul 25

Nibe Limited Inks Strategic Defense Tech Deal with Israel's Elbit Systems

Nibe Limited, an Indian manufacturer, has entered a Technical Collaboration Agreement with Elbit Systems Land Limited, an Israeli defense firm. The deal, signed on July 26, 2025, involves technology transfer for the Precise & Universal Launch System (PULS), including artillery rocket systems with a 300km range. Nibe will design, develop, and manufacture these systems in India. Financial details are to be finalized within 45 days. This collaboration aligns with India's push for self-reliance in defense manufacturing.