Nibe Share Price in Focus on ₹25.96 Crore Order from Leading Infra & Defence Company

In a significant development for its defence manufacturing portfolio, Nibe Limited has announced the receipt of a major purchase order, as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order reinforces the company's growing capabilities in critical defence components.

Major Order from Infra and Defence Company

Nibe has received a purchase order from one of the leading infrastructure and defence companies in India. The order pertains to the supply of Gun Stand Assemblies for a total consideration of ₹25.96 crore (inclusive of all taxes and duties). This contract underscores the company’s ongoing efforts to diversify and expand in the high-growth defence sector.

The order has been awarded by a domestic entity and does not involve any related party transactions. Furthermore, Nibe clarified that the promoter, promoter group, or any group of companies have no interest in the entity awarding the order.

Execution Plan and Regulatory Compliance

As disclosed in “Annexure A” to the stock exchanges, the order will be fulfilled in multiple tranches with a final execution deadline of November 30, 2026. The order also signifies trust in Nibe’s technical capabilities and compliance standards, setting a precedent for future business in defence components supply. It marks a forward leap in the company's strategic growth plan.

Read More: Nibe Secures ₹22.26 Crore Defence Order for Turret Structures!

Nibe Share Price Performance

As of July 11, 2025, at 10:30 AM, Nibe's share price is trading at ₹1,580.60 per share, reflecting a decline of 2.14%.

Conclusion

This order represents a critical milestone in Nibe Limited’s strategic journey within the defence manufacturing segment. With its focus on timely delivery and adherence to regulatory compliance, the company is poised to enhance its presence in high-value, precision-based defence components.

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