NIBE Share Price in Focus; Its Unit Receives Lifetime Arms Manufacturing License from DPIIT

Nibe Limited has announced that its subsidiary, Nibe Defence and Aerospace Limited (NDAL), has been granted a licence for the manufacturing and proof-testing of firearms and ammunition by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India. 

The approval has been granted under the provisions of the Arms Act, 1959 and Arms Rules, 2016 and marks a significant development for the company's defence business. 

Subsidiary Receives Firearms Manufacturing Licence 

According to the company's regulatory filing, DPIIT has granted the licence to NDAL for the manufacturing and proof-testing of firearms and ammunition. 

The approval enables the subsidiary to undertake firearms-related manufacturing and testing activities and further strengthens its presence in the defence manufacturing sector. 

Licence To Expand Defence Manufacturing Capabilities 

Nibe Limited stated that the grant of the licence expands the company's capabilities across the defence manufacturing value chain. 

The company added that the approval reinforces its commitment to developing advanced technologies and precision-engineered systems for arms of calibre above 12.7 mm. 

Licence Carries Lifetime Validity 

As per the disclosure, the licence granted to NDAL carries lifetime validity. 

The company also clarified that there has been no withdrawal, cancellation, or suspension of the approval by the regulatory authority. 

Read More: NIBE Share Price Rises Nearly 3% as Company Completes Stake Sale in Nibe Aeronautics! 

NIBE Share Price Performance 

As of 08 June 2026, at 12:24 PM, NIBE share price is trading at ₹1,555.40 per share, reflecting a decline of 2.2% from the previous closing price. 

Conclusion 

The grant of a firearms manufacturing and proof-testing licence to Nibe Defence and Aerospace Limited marks an important milestone for Nibe Limited's defence operations. With lifetime validity and expanded manufacturing capabilities, the approval is expected to strengthen the company's position in India's growing defence manufacturing sector. 

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