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.
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.
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.
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!
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.
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.
Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 8, 2026, 1:00 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
